35 Third, Leominster MA 01453

Leominster, MA 01453
$750,000
Est. $4,599/month
Estimate assumptions

20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.

Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.

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9
Beds
3
Baths
3,697
Sq Ft
$203
Price/Sq Ft
0.21
Acres
1920
Year Built
6
Parking
37
Days on Market
For Sale Listed Sep 1, 2026 • MLS# 73570471 Copied! • Updated Sep 8, 2026

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About this home

Outstanding investment opportunity — a fully occupied three-family in Leominster! All three units feature 3-bedroom, 1-bath layouts, currently rented to paying tenants generating stable, immediate rental income from day one. Built in 1920, the property offers 3,699 sq ft of living space on a 0.21-acre lot, with forced air natural gas heat and durable vinyl siding exterior. Great location close to Watertower Plaza and the Mall at Whitney Field for shopping, Louis Charpentier Playground and Carter Park nearby, and easy access to the MBTA Commuter Rail into Boston plus major highways. A strong cash-flowing asset with real upside — don't miss this one!

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Recently Sold Nearby

Property History

Market Insights

Property Timeline

👁️
Showing Instructions Updated
Sep 8, 2026
New showing requirements
🏠
Listed for Sale
Sep 1, 2026
$750,000
Original listing
Agent: Olivia Grabka Office: Realty Negotiations, LLC

Tax History

Year Taxes Assessment
2026 $7,275 $532,600

Financial Details

Annual Property Tax
$7,275
Tax Year 2026
Assessed Value
$532,600

Facts & Features

Home Facts

Type Residential Income
Style 3 Family
Year Built 1920
Living Area 3,697 sq ft
Lot Size 0.21 acres
Stories 3
Bedrooms 9
Full Baths 3
Total Rooms 15

Investment Metrics

Units 3
Unit 1 Rent $2,095/mo · N
Unit 2 Rent $1,970/mo · N
Unit 3 Rent $1,900/mo · N
Total Monthly Rent $5,965/mo
Gross Income $71,580
Net Operating Income $71,580
Cap Rate 9.54%
Heating Forced Air, Electric
Cooling Window Unit(s)
Flooring Hardwood
Appliances Range, Refrigerator
Fireplace None
Basement Full
Laundry None
Features Ceiling Fan(s), Living Room, Kitchen
Construction Frame
Architecture None
Roof Shingle
Features Balcony/deck, Balcony
Pool None
Spa None
Fencing None
Patio/Porch Porch
Features Paved Drive, Off Street
Total Spaces 6
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $7,275
Assessed Value $532,600
Fee Includes None
Amenities None
Optional Fee Includes None
Down Payment Resource Eligible
Lead Paint Unknown
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Documents None
County Worcester
Total market time (incl. prior listings) 8 days

Property Overview

Property Type
3 Family
Listing Type
For Sale
Year Built
1920
Bedrooms
9
Full Bathrooms
3
Living Area
3,697 sq ft
Total Rooms
15
Stories
3
Levels
3

Floor Layout

Interior Features

Flooring: Hardwood
Appliances: Range, Refrigerator
Interior Features: Ceiling Fan(s), Living Room, Kitchen
Windows:
Basement: Full
Laundry:
Security:

Construction & Materials

Year Built: 1920
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Stone
Stories: 3

Heating, Cooling & Utilities

Heating: Forced Air, Electric
Cooling: Window Unit(s)
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Balcony/Deck, Balcony
Patio & Porch: Porch
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 6
Parking Features: Paved Drive, Off Street

Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
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After down payment
Total Interest
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Over life of loan
Total Cost
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Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $606
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
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+0.5% Rate
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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

35 Third, Leominster MA 01453

Leominster, MA 01453

Listing Information

Listing Agent Olivia Grabka
Listing Office Realty Negotiations, LLC
Office Phone 978-406-5134
Agent MLS ID CN240157
Office MLS ID AN5614
Listing Data Updated Sep 8, 2026 3:58 PM 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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