163-165 Central St, Leominster MA 01453

Leominster, MA 01453
$480,000
$430,000
Est. $2,843/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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3
Beds
2
Baths
1,560
Sq Ft
$276
Price/Sq Ft
0.15
Acres
1900
Year Built
8
Parking
35
Days on Market
For Sale Price Drop -$50,000 Open House Listed Sep 3, 2026 • MLS# 73571762 Copied! • Updated Oct 6, 2026

Track this home for price, status, and open-house alerts.

Open House Schedule

10
Oct
Saturday, October 10
10:00 AM - 12:00 PM EDT

About this home

Rare live-work opportunity, this high-visibility property sits in prime Business B (BB) zoning, across from the new police station at a high-traffic, signaled intersection within walking distance to downtown. Perfect for a small business, start-up, or ambitious business owner: live in the vacant, flexible 1-2 bedroom unit and run your business out of the same building, while the 2-bedroom tenant-at-will side cash-flows to offset your overhead.Want to build an empire? The commercial strip location is primed for future development, and the sale even includes architect sketches to rebuild the site into a 6-unit building! Savvy portfolio investors and commercial buyers already recognize the raw land value of this footprint, so do not wait for the competition to swoop in and steal this location. Featuring an 8 year old roof, a fenced yard, and plenty of off-street rear parking. Bring your vision and claim your spot today—schedule your private tour before it is gone!

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Recently Sold Nearby

Property History

Market Insights

1
Price Changes
10.4%
Price Range

Property Timeline

↓
Price Reduced
Oct 1, 2026
$430,000 $50,000 (-10.42%)
From $480,000 to $430,000 (-10.4%)
🏠
Listed for Sale
Sep 3, 2026
$480,000
Original listing
Agent: John Snyder Office: Redfin Corp.

Tax History

Year Taxes Assessment
2026 $5,628 $412,000

Financial Details

Annual Property Tax
$5,628
Tax Year 2026
Assessed Value
$412,000

Facts & Features

Home Facts

Type Residential Income
Style Multi Family
Year Built 1900
Living Area 1,560 sq ft
Lot Size 0.15 acres
Stories 4
Bedrooms 3
Full Baths 2
Total Rooms 9

Investment Metrics

Units 2
Unit 1 Rent — · N
Unit 2 Rent $1,600/mo · N
Total Monthly Rent $1,600/mo
Gross Income $1,800
Net Operating Income $1,800
Cap Rate 0.42%
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement Full, Walk-out Access
Laundry None
Features None
Construction Frame
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch Porch
Features Paved Drive, Off Street
Total Spaces 8
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $5,628
Assessed Value $412,000
Fee Includes None
Amenities None
Optional Fee Includes None
Lead Paint Unknown
Seller Disclosures Buyers And Agents Must Verify All Information And Perform Their Own Due Diligence.
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Sq Ft Disclosures Measurements are approximate and need to be verified by buyer/buyers agent.
Documents None
County Worcester
Total market time (incl. prior listings) 33 days

Property Overview

Property Type
Multi Family
Listing Type
For Sale
Year Built
1900
Bedrooms
3
Full Bathrooms
2
Living Area
1,560 sq ft
Total Rooms
9
Stories
4
Levels
4

Floor Layout

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement: Full, Walk-Out Access
Laundry:
Security:

Construction & Materials

Year Built: 1900
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Stone, Brick/Mortar
Stories: 4

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: Corner Lot
Road Surface: Paved

Parking & Garage

Total Parking Spaces: 8
Parking Features: Paved Drive, Off Street
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

3 schools
Bennett School
0.3 mi
114 students Diverse
Diverse Student Body
Grades PK
St. Anna School
0.4 mi
Grades PK-12
St. Leo School
0.7 mi
Grades PK-08
M

Middle Schools

3 schools
C+
Samoset School
1.8 mi | #215 of 352 | Score: 39.4
Improved 5 spots from last year
-18.8 below state avg
536 students Diverse
Diverse Student Body
Grades 06-08
B-
Sky View Middle School
2.6 mi | #192 of 352 | Score: 41.0
Improved 32 spots from last year
-17.2 below state avg
880 students Diverse
Rising School Diverse Student Body
Grades 06-08
C
Memorial Middle School
4.4 mi | #280 of 352 | Score: 33.8
Dropped 10 spots from last year
-24.4 below state avg
620 students Diverse
Diverse Student Body
Grades 06-08
H

High Schools

3 schools
C-
Leominster Center for Excellence
0.5 mi | #312 of 346 | Score: 36.0
Dropped 25 spots from last year
-22.2 below state avg
77 students Diverse
Early College Program College Ready Curriculum
Grades 09-12
Leominster Academy
0.5 mi
35 students Diverse
College Ready Curriculum
Grades 09-12
C+
Center For Technical Education Innovation
1.3 mi | #222 of 346 | Score: 50.2
Dropped 30 spots from last year
-8 below state avg
881 students Diverse
Strong AP Program Early College Program High Graduation Rate Career Tech Programs
Grades 09-12
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Monthly Payment Calculator

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

Principal & Interest $0
Property Tax $469
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

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Current 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

163-165 Central St, Leominster MA 01453

Leominster, MA 01453

Listing Information

Listing Agent John Snyder
Listing Office Redfin Corp.
Office Phone 617-340-7803
Agent MLS ID CT000302
Office MLS ID NB3534
Listing Data Updated Oct 6, 2026 5:50 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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