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40-46 Cottage St

Leominster, MA 01453
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Bed 9

Bed

Bath 5

Bath

SqFt6,500

Sqft

Acres0.50

Acre(Lot)

Rare investment opportunity featuring two separate homes on one lot with excellent income potential. This unique property consists of a large 3-family offering spacious 2-bedroom units that could easily be converted into 3-bedroom units with minor modifications, creating additional upside for investors. The second building is a 2-family with a 2-bedroom unit on the first floor and a 1-bedroom unit on the second floor. All units feature in-unit washer and dryer hookups for added tenant convenience. The property also offers ample off-street parking, a highly desirable feature for tenants. Important exterior updates have already been completed, including a brand-new roof on the 2-family and a newer roof on the 3-family replaced just a few years ago. Whether you are looking to expand your port folio or owner-occupy while generating strong rental income, this property offers flexibility, value-add potential, and long-term cash flow opportunity.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,100,000

AD Id : 84743192

MLS Id : 73535093

Beds : 9

Lot Size : 0.50 Acre

Living Area Size : 6,500

Year Built : 1900

County : Worcester

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Feature Features

  • Bathroom Information

    Total Baths: 5 Full Baths: 5

    Room Information

    Total Bedroom: 9
  • Roofing Information

    Shingle
  • Interior Features

    Roof: Shingle
  • Heating & Cooling

    WaterSource: Public

  • Building Information

    Year Built: 1900 Basement: Unfinished
  • Exterior Features

    Foundation Details: Stone

  • Lot Information

    Lot Description: Level Lot Size Area: 0.5 Lot Size Units: Acres Lot Square Feet: 21,705 Lot Acres: 0.5 Stories: 5 Main Square Feet: 0.5

    Property Information

    Property Type: Residential Income Sub Type: 5-9 FamilySQ ft (Living Area): 6,500

  • Listing Price Information

    Original Listing Price: $1100000

  • Tax Information

    Parcel Number: M:0009 B:0011 L:0000 Annual Tax: $6658

  • Parking Information

    Parking Total: 12 Paved Drive

  • Location Information

    Direction: USE GPS
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
28 Willard St, Leominster, MA, 01453 $440,000 4 1 1,455 1,455 SqFt
32 Indian Ridge Dr, Leominster, MA, 01453 $640,000 3 3 2,272 2,272 SqFt
145 Malburn Street, Leominster, MA, 01453 $649,900 4 4 2,454 2,454 SqFt
21 Joslin Street, Leominster, MA, 01453 $750,000 4 3 2,314 2,314 SqFt
186 Prospect St, Leominster, MA, 01453 $629,900 4 3 2,599 2,599 SqFt
1237 Central St, Leominster, MA, 01453 $2,900,000 -- -- 14,270 14,270 SqFt
1237 Central Street #7, Leominster, MA, 01453 $70,000 2 1 720 720 SqFt
75 Dale Ave, Leominster, MA, 01453 $535,000 5 2 2,193 2,193 SqFt
114 Richard Rd #8, Leominster, MA, 01453 $469,900 3 2 1,375 1,375 SqFt
114 Richard Rd #8, Leominster, MA, 01453 $469,900 3 2 1,375 1,375 SqFt

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ByOwner last updated this listing 06/23/2026 @ 05:23

MLS: 73535093 LISTED BY: Nicolas Berthet-Garcia, Property Investors & Advisors, LLC 774-413-0272 SOURCE: MLS Property Information Network

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