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42-44 Summer Street
Leominster, MA 01730
Asking Price
$1.08M
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
Multifamily | 6 Units <ul><li>Location & Connectivity: Leominster sits at the intersection of Routes 2 and 190, giving it strong highway access to Boston (~50 miles east), Worcester (~20 miles south), and New Hampshire. It's also served by MBTA Commuter Rail, making it accessible for commuters and businesses alike.</li><li>Value-add Opportunity: Cosmetic upgrades have been completed in a variety of units with opportunity remaining to complete further upgrades driving rent growth.</li><li>Healthcare & Anchor Instit
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NOI
$80,000
Cap Rate
7.41%
DSCR
1.25
Tight
Cash-on-Cash
4.92%
Monthly Payment
$5,338.303
Annual Cash Flow
$15,940.361