$3,350,000
$4,000,000
16.3%For more information regarding the value of a property, please contact us for a free consultation.
1123 Central St Leominster, MA 01453
1.47 Acres Lot
Key Details
Sold Price $3,350,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 72903910
Sold Date 02/18/22
Year Built 1997
Annual Tax Amount $30,917
Tax Year 2021
Lot Size 1.470 Acres
Acres 1.47
Property Description
Located 2 miles South of Leominster, MA Downtown area , this 4 unit Building has had extensive upgrades throughout the Interior and Exterior. This fully occupied property has long term tenants who have paid all obligations throughout 'World Events' we have had the last 2 years. The current owner has meticulously gone through all of the mechanicals as well as the landscaping to add extreme value to this property. This property is ideal for an investor looking for consistent cash flow with room to increase the CAP RATE over time. Seller is 1031 Exchange friendly. Please ask agent about that as well. Financials are attached to the listing or contact LA directly with questions or concerns.
Location
State MA
County Worcester
Zoning C
Direction Rt 12 - 2 miles south of Leominster Center/ 1 mile north of Rt 190
Exterior
Utilities Available Public Water, Public Sewer, Natural Gas Available
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Bought with Sam Takla • Coldwell Banker Realty - Framingham