Boston Luxury Condos and Apartments
355 Boylston St / (617) 233-5800

42 Lancaster St

Leominster, MA ID #73233134

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42 Lancaster St

- Leominster, MA ID #73233134

Property Description

TURNKEY MIXED USE BUILDING, 100% OCCUPIED, PRIME LOCATION WITH 25 PARKING SPACES, PAVED LOT, APPROX 8% CAP RATE, HANDICAPPED ACCESSIBLE FIRST FLOOR. The building has 3 commercial units and 1 residential unit currently leased for $2400.00 per month. Handicapped accessible main level houses 12 rooms, 5 bathrooms and 3 thriving businesses. The residential unit occupies the top 2 floors featuring 2700 sq feet of space with 4 bedrooms, 2 full baths and laundry room which could make this property the perfect set up for an owner-occupied, income producing option. A newer composite deck, stairs and vinyl railings are on the back of the building. Also featuring central air, mini splits, security system, irrigation system and 25 off street, marked parking spaces in a paved parking lot. The building is brick and vinyl sided with 4 entrances to the main floor. Superb downtown location, close to shopping, Monument Sq within walking distance.

Additional Details

  • Status: ACT
  • Zip Code: 01453
  • Acres: 0.38
  • Selling Broker Compensation: 1
  • Buying Broker Compensation: 2

Parking

  • Parking Spaces: 25

Location

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42 Lancaster St, Leominster, MA

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Content © 2024 MLS Property Information Network, Inc.
The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of Diane DeCiccio of Acres Away Realty, Inc.. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.