1 / 10
INVESTMENT SNAPSHOT
About this property
We are proud to present the exclusive opportunity to acquire 42-44 Summer Street in Leominster, MA. This 6-unit multifamily asset offers a diverse unit mix of one, two and three-bedroom apartments, with the majority of units having been previously upgraded or fully renovated. The property includes at least one dedicated parking space per unit - a meaningful amenity in the Central Massachusetts market - and presents a compelling blend of stabilized, in-place income with a clear defined value-add path through the renovation of the property's one remaining unrenovated unit.
Property details
| Units | 6 |
| Living area | 5,406 sqft |
| Lot size | 10,019 sqft |
| Year built | 1900 |
| Price / sqft | $200 |
| County | Worcester |
| MLS # | 73488442 |
Listing status
| Days on market | 69 days |
| Listed on | March 18, 2026 |
Taxes & financials
| Annual property tax | $99 |
| Tax year | 99 |
| Assessed value | $99 |
| Zoning | 99 |
| Gross income (actual) | $87,900/yr |
| Net operating income (actual) | $87,900/yr |
| Total actual rent | $5,125/mo |
Building & lot
| Stories | 5 |
| Total rooms | 29 |
| Lot size | 0.23 acres |
| Garage spaces | 0 |
| Parking spaces | 0 |
| Basement | Full, Unfinished |
| Foundation | Stone |
Utilities & systems
| Sewer | Public Sewer |
| Water | Public |
| Appliances | Range |
Location
More about investing in Leominster →
Listing courtesy of Boston Realty Advisors — Kevin Benzinger. Listing data © MLS PIN.
Interested in this one?
Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 42-44 Summer Street, Leominster MA 01453 have?
It is a 6-unit multi-family property with 5,406 sqft of living area, built in 1900.
How long has 42-44 Summer Street, Leominster MA 01453 been on the market?
42-44 Summer Street, Leominster MA 01453 has been listed for 69 days (since March 18, 2026).
What is the estimated cap rate on this 6-family in Leominster?
Based on area median rents, the estimated cap rate is about 6.5%, with a Signal Score of 96/100. These are directional estimates, not an appraisal.
What is the price per unit?
At a list price of $1,079,000 across 6 units, that works out to roughly $179,833 per unit.
What are the property taxes on 42-44 Summer Street, Leominster MA 01453?
Annual property taxes are $99 (99), on an assessed value of $99.
What is the price per square foot?
At $1,079,000 for 5,406 sqft, that's about $200 per square foot.
Where is this property located?
42-44 Summer Street, Leominster MA 01453 is in Leominster, Worcester County, MA 01453.
Similar multi-families
◆ 99
◆ 89
◆ 93
◆ 82