Active
54-56 North Main St
Leominster, MA 01453
Residential Income · Active · MLS #73478773
Listing Courtesy of Lillian Montalto Signature Properties | Team Lillian Montalto
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MLS PIN data
About this home
The property currently generates approximately $110,784 in gross annual rental income, offering strong in-place cash flow with upside through targeted improvements and operational efficiencies. This 5-unit multi-family investment at 54–56 North Main Street includes 9 bedrooms and 5 full baths across approximately 4,165 sq ft. Units feature a mix of 1- and 3-bedroom layouts, each with its own kitchen and full bath. Set on a 0.53-acre lot, the property offers 11 off-street parking spaces, a full unfinished basement for additional storage, and a durable vinyl exterior. Tenants are in place, providing immediate income. Conveniently located near downtown Leominster, shopping, dining, and major routes. Please see the attached Income & Expense Summary for full financial details. A solid opportunity for investors seeking a well-located, income-producing multi-family property with upside potential.
Property information
Details at a glance
Interior
- Rooms
- 21
- Heating
- Oil, Natural Gas
- Cooling
- None
Building
- Style
- 5+ Family - 5+ Units Up/Down
- Year built
- 1920
- Parking
- 11
- Foundation
- Stone
- Roof
- Shingle
Land & utilities
- Lot size
- 0.53 acres
- Water
- Public
- Sewer
- Public Sewer
- Zoning
- RB
Financial
- Annual taxes
- $9,612
- Assessment year
- 2025
Listing history
Price and status timeline
No additional public listing history was supplied for this property.
Property value estimate
An informed starting point
Automated estimates are not appraisals or guarantees of market value.
Comparable sales
Recent properties for context
Recent comparable sales are not available for this property.
Photo insights
Condition signals
Generated from listing photography; not a substitute for an inspection.
Local market context
How this home compares in Leominster
Active city listing statistics from MLS PIN as of September 6, 2026. Asking prices are not completed-sale values.
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Common questions
About 54-56 North Main St
Can I schedule a private showing?
Yes. Request a tour of 54-56 North Main St and a Bean Group agent will help coordinate an available time with the listing side.
Can you help me evaluate this property?
Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.
Are property documents available?
Availability varies by property and source. Request the documents you need and we will help obtain what is available.