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28 Prescott St, Leominster MA 01453

Leominster, MA 01453
$1,275,000
Est. $7,367/month
9
Beds
8
Baths
4,410
Sq Ft
$289
Price/Sq Ft
0.14
Acres
1905
Year Built
8
Parking
59
Days on Market
Active Listed May 12, 2026 • MLS# 73516843 Copied! • Updated May 16, 2026

About this home

Great investment opportunity in a prime location! This fully occupied 8-unit property is tucked away on a quiet side street just steps from downtown Leominster, offering convenience of shopping, restaurants and public transportation with strong tenant appeal. The building features 4 spacious 1-bedroom units, 2 oversized studio-style 2-room apartments, and 1 large 2-bedroom unit, all with great layouts, high ceilings, and abundant natural light. The units have been remodeled, providing updated interiors while maintaining character and charm. Ample off-street parking adds to the property’s desirability. Tenants pay their own electric (except unit 8) and heat, helping keep operating expenses low. Strong rental history with full occupancy makes this a solid addition to any investment portfolio! Rent roll and expenses available upon request.

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Recently Sold Nearby

Property History

Property Timeline

🏠
Listed for Sale
May 12, 2026
$1,275,000
Original listing
Agent: Trish Marchetti Office: Berkshire Hathaway HomeServices Commonwealth Real Estate

Tax History

Year Taxes Assessment
2026 $8,640 $632,500

Financial Details

Annual Property Tax
$8,640
Tax Year 2026
Assessed Value
$632,500

Facts & Features

Home Facts

Type Residential Income
Style 5-9 Family
Year Built 1905
Living Area 4,410 sq ft
Lot Size 0.14 acres
Bedrooms 9
Full Baths 8
Total Rooms 22

Investment Metrics

Units 8
Unit 1 Rent $1,420/mo · Y
Unit 2 Rent $1,400/mo · Y
Total Monthly Rent $2,820/mo
Gross Income $122,064
Net Operating Income $108,045
Cap Rate 8.47%
Heating None
Cooling None
Flooring None
Appliances Range, Refrigerator
Fireplace None
Basement Full
Laundry None
Features Living Room, Kitchen
Construction Frame
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch Porch
Features Off Street, Paved
Total Spaces 8
Electric Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $8,640
Assessed Value $632,500
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures Buyer And Buyers Agent To Verify All Info In Mls And Attachments.
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Documents None
County Worcester
Total market time (incl. prior listings) 4 days

Property Overview

Property Type
5-9 Family
Listing Type
For Sale
Year Built
1905
Bedrooms
9
Full Bathrooms
8
Living Area
4,410 sq ft
Total Rooms
22
Stories
3
Levels
3

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

Interior Features

Flooring:
Appliances: Range, Refrigerator
Interior Features: Living Room, Kitchen
Windows:
Basement: Full
Laundry:
Security:

Construction & Materials

Year Built: 1905
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Brick/Mortar, Other
Stories: 3

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch: Porch
Fencing:
Other Structures:
Lot Features: Level
Road Surface: Paved

Parking & Garage

Total Parking Spaces: 8
Parking Features: Off Street, Paved
School District
Leominster School District local
B-
School Safety 2024-25
2.2% Average
2.2% Suspensions 4.1% In-School
3.3% below state avg
E

Elementary Schools

9 schools
St. Leo School
0.2 mi
Grades PK-08
St. Anna School
0.7 mi
Grades PK-12
Bennett School
0.6 mi
115 students Diverse
Diverse Student Body
Grades PK
Priest Street School
0.7 mi
151 students Diverse
Diverse Student Body
Grades K
C+
Northwest School
0.8 mi | #555 of 824 | Score: 42.8
Improved 100 spots from last year
-15.4 below state avg
665 students Diverse
Rising School Diverse Student Body
Grades 01-05
C+
Frances Drake School
0.9 mi | #536 of 824 | Score: 43.5
Improved 157 spots from last year
-14.7 below state avg
512 students Diverse
Rising School Diverse Student Body
Grades K-05
B
Johnny Appleseed School
1.8 mi | #416 of 824 | Score: 47.3
Improved 82 spots from last year
-10.9 below state avg
692 students Diverse
Rising School Diverse Student Body
Grades K-05
Lincoln School
2.3 mi
46 students Diverse
Diverse Student Body
Grades PK
A-
Fall Brook School
2.4 mi | #203 of 824 | Score: 54.8
Improved 10 spots from last year
-3.4 below state avg
670 students Diverse
Diverse Student Body Strong Attendance
Grades K-05
M

Middle Schools

2 schools
B-
Sky View Middle School
2.2 mi | #194 of 352 | Score: 40.9
Improved 30 spots from last year
-17.3 below state avg
869 students Diverse
Rising School Diverse Student Body
Grades 06-08
B-
Samoset School
2.3 mi | #207 of 352 | Score: 40.0
Improved 13 spots from last year
-18.2 below state avg
495 students Diverse
Diverse Student Body
Grades 06-08
H

High Schools

4 schools
C-
Leominster Center for Excellence
0.8 mi | #309 of 346 | Score: 35.9
Dropped 22 spots from last year
-22.3 below state avg
65 students Diverse
Early College Program College Ready Curriculum
Grades 09-12
Leominster Academy
0.8 mi
32 students Diverse
College Ready Curriculum
Grades 09-12
B-
Center For Technical Education Innovation
1.1 mi | #210 of 346 | Score: 50.7
Dropped 18 spots from last year
-7.5 below state avg
821 students Diverse
Strong AP Program Early College Program High Graduation Rate Career Tech Programs
Grades 09-12
B-
Leominster High School
1.1 mi | #206 of 346 | Score: 51.1
Dropped 61 spots from last year
-7.1 below state avg
1,060 students Diverse
19 sports • 1,746 athletes
Early College Program High Graduation Rate College Ready Curriculum Strong Athletics
Grades 09-12
Learn about these ratings

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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $720
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

28 Prescott St, Leominster MA 01453

Leominster, MA 01453

Listing Information

Listing Agent Trish Marchetti
Listing Office Berkshire Hathaway HomeServices Commonwealth Real Estate
Office Phone 781-237-8000
Agent MLS ID BB910198
Office MLS ID AN4882
Listing Data Updated May 16, 2026 3:05 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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