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Sold for $825,000 on 02/01/24
  • $825,000

    58 Grove Ave, Leominster, MA 01453

    12beds
    5,498sqft
    5+ Family - Rooming House
    Built in 1900
    -- sqft lot
    $919,600 Zestimate®
    $150/sqft
    $4,537 Estimated rent

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    $4,537/mo

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    $5,181/mo

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    $5,181/mo

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    What's special

    UPDATE - 10 mini-splits being installed in rooms on 1st & 2nd floors. 12-Unit Rooming House available for sale. Great location, walking distance to downtown area with restaurants, public transportation, area amenities, shopping as well as close to commuter train and highway access. Excellent opportunity for a new owner, user or investor to add value and increase cash flow. First floor consists of the common Kitchen, Living Room and laundry. 4 full baths and 2 1/2 baths. All renters are TAW. Current valid Leominster Rooming House. Leominster's growth and demand for housing make this an ideal investment opportunity for long-term income potential. Updates include: fully insulated, all new windows (2023), new 400 amp electric service w/ potential for separately metered to each bedroom, planned separate heat/AC units in each bedroom, sprinkler system, new reinforced LVL beams & steel beams, new hot water tank (2023) and more. Do not miss your chance to grow your rental portfolio!

    Zillow last checked: 7 hours ago

    Listing updated: February 02, 2024 at 03:17am

    Listed by:

    Lana Kopsala,

    Coldwell Banker Realty - Leominster

    Bought with:

    Moises R. Cosme

    Atlantic Coast Homes,Inc

    Source: MLS PIN,MLS#: 73167877

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 12
    • Bathrooms: 6
    • Full bathrooms: 4
    • 1/2 bathrooms: 2
    Features
    • Kitchen
    • Windows: Screens
    • Basement: Full,Interior Entry,Sump Pump,Concrete,Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 5,498
    • Total interior livable area: 5,498 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Paved Drive, Off Street, Paved
    • Has uncovered spaces: Yes
    Features
    • Patio & porch: Porch
    Lot
    • Size: 0.75 Acres
    Details
    • Parcel number: M:0032 B:0014 L:0000,1577497
    • Zoning: RES

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 5+ Family - Rooming House
    Materials
    • Frame
    • Foundation: Stone
    • Roof: Slate
    Condition
    • Year built: 1900

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Sidewalks
    Location
    • Region: Leominster

    HOA & financial

    Other financial information
    • Total actual rent: 4000

    Other

    Other facts
    • Road surface type: Paved
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $919,600
    2% more+$18,392
    With Zillow Showcase(estimated)$937,992