1123 Central StreetLeominster, MA 01453MLS Number 72903910

  • Price: $4,500,000
  • 22 Days on Market
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Federal 30-year interest rate: 3.09% last updated on Oct 21, 2021
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1123 Central Street Leominster MA 014531123 Central Street Leominster MA 014531123 Central Street Leominster MA 014531123 Central Street Leominster MA 014531123 Central Street Leominster MA 014531123 Central Street Leominster MA 01453
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  • 1.47Acreage
  • 1997Year Built
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.
Listed by Jaquaine Coe of The LGCY Group LLC

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More Info

Parking

  • Parking Spaces70
  • Parking FeatureOpen, Improved Driveway, Paved Driveway
  • Total Parking Spaces70

Building

  • Year Built1997
  • ConstructionFrame
  • Reu Units4
  • No Buildings1
  • No Stories1
  • SprinklersYes
  • Entry OnlyNo
  • Assessed Value Bldg1321800

Basic Information

  • MLS Number72903910
  • Prop TypeCI
  • Status Date2021-10-18T21:45:00
  • Date Listed10/04/2021
  • List Price$4,500,000
  • LeaseNo
  • DirectionRt 12 - 2 miles south of Leominster Center/ 1 mile north of Rt 190
  • MLS StatusActive

Exterior

  • Roof MaterialShingle

Utilities

  • UtilitiesPublic Water, Public Sewer, Natural Gas

Photos

  • Photo Date2021-10-04T12:20:00
  • Number of Photos6

Location

  • StreetCentral Street
  • TownLeominster
  • StateMA
  • Zip01453
  • Zip Code 44807
  • CountyWorcester
  • LocationSuburban, Strip, Highway Access, Public Transportation, Neighborhood

Property

  • Acreage1.47
  • Space AvailableFor Sale
  • SubletNo
  • Lot Size64033
  • Assessed Value Land383500
  • Main LoAN6777

Other

  • Modification Date2021-10-22T03:05:00
  • Certificate Number14083
  • Property TypeCommercial
  • Listing AlertNo
  • Year Built SourcePublic Record
  • DisclosureNo
  • DisclosuresSee attached Proforma
  • Book9700
  • Listing AgreementExclusive Right to Sell
  • Ref Bldg Sf12795
  • ExclusionsOwners and Tenants personal belongings
  • ExchangeNo
  • Firm Rmk1Offers can be sent to THELGCYGROUP@gmail.com - Video of property can be seen at www.thelgcygroup.com/commercial
  • Page141
  • View Count14

Your Local Office

Foster-Healey Real Estate, Inc. (Leominster Office)

Foster-Healey Real Estate, Inc. (Leominster Office)

50 Central Street,
Leominster, MA 01453

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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