$1,100,000

Address:"50" "West"

Leominster, Worcester "01453"

Status :
Style :
Living area : sqft
Total rooms :	No. of Bedrooms :
Full Bath(s) :	Half Bath(s) :
Garage(s) :	Garage Style :
Basement : No	Lot Size : 11325 sqft/0.26 Acre

Property Details : "Rare Investment opportunity; Downtown Leominster. First time available in 21 years! Building completely re-constructed after fire ~2005; all remodeled, furnished units. High quality, meticulously maintained 13 unit Licensed Lodging House; 11 private rooms with shared baths/kitchen & 2 full 2 bdrm apts. $8100/mo gross income. Property Manager in place with 100% occupancy rate. Units have strong rental history & low expenses. Well respected drug & alcohol free establishment. Features include transferable SOR license, 3 Heating/Cooling zones, newer boilers, water heaters and electric meters, fire suppression system wired to fire dpt. 2 blocks away,10 parking spaces, newly paved driveway with yard & shed & shop in basement. All systems inspected annually. This building offers many possibilities for expansion/increased revenue potential. MLS doesn't allow space for all units, so Unit 1 denotes 11 single bedrooms. Unit 2 & 3 denote 2 bedroom apartments;1 occupied by facilities mgr."

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