
113 Spruce Leominster — Photo 1 of 23
$877,000
113 Spruce, Leominster, MA 01453
Leominster, MA 01453
Beds
9
Baths
6
SqFt
4,917
Style
5-9 Family
Built
1900
Excellent opportunity to acquire a cash-flowing 6-unit multifamily in Leominster! Currently generating $9,480/month in gross rental income ($113,760 annually) with five units occupied and one newly renovated vacant unit ready for its next tenant. The property offers strong in-place income from day one while leaving room for additional upside through minor cosmetic improvements to the remaining units and common areas. An attractive opportunity for an investor looking for a stabilized multifamily asset without taking on a major renovation project. Convenient location near downtown Leominster, shopping, restaurants and major routes.
Market Value Analysis
* Analysis is based on 20 actively listed and recently sold comparable properties strictly within Leominster, MA.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Neighborhood
Public Transportation • Shopping • Public School
Geography
Population
43,851
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
Median Household Income
$84K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
Renter-Occupied Homes
37.8%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)
New Construction Permits — Worcester County
1,805 housing units permitted in the last 12 months (+1% vs the prior 12 months) — 1,007 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jul '26)
Listing Agent: Damon Amato
Listing Office: Realty One Group Nest
MLS® Number: 73578802
Browse More Homes in Leominster
Explore other active listings in the area.
$749,00029 June StreetLeominster, MA
$430,15038 Cottage StreetLeominster, MA3 bd2 ba1,700 sqft
$429,00014 Brentwood DrLeominster, MA3 bd1 ba1,196 sqft
$399,900202 Pierce StLeominster, MA4 bd2 ba2,028 sqft
$499,00036 Stuart AveLeominster, MA3 bd1 ba1,176 sqft
$500,000153 Johnny Appleseed LnLeominster, MA4 bd2 ba2,650 sqft