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    Three-Unit Residential Income Property Title is generated by Realmo AI

    167 Seventh St, Leominster, MA 01453

    View on Map
    Claim this Listing
    New
    For Sale
    $650,000

    MULTI_FAMILY - Leominster, MA

    Property size:
    2,800 SF
    Lot size:
    0.11 Acres
    Price / SF:
    $232/SF
    Added:
    Jun 16, 2026
    Days on Market:
    1
    Last Refresh:
    Jun 16 at 11:06 pm

    Property Features for 167 Seventh St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Zoning
    RC
    Bedrooms
    5
    Bathrooms
    3
    Rooms
    Bedroom 4, Bedroom 1, Bathroom 2, Bathroom 1, Bedroom 3, Bedroom 2, Bathroom 3, Bedroom 5
    Parking
    4
    Standard status
    Active
    APN
    M:0137 B:0037 L:0000
    Size
    2,800 SF
    Lot size
    0.11 Acres

    Taxes and HOA fees

    Tax Year
    2026
    Tax Annual Amount
    7768

    Building Details

    Year built
    1924
    Floors in Building
    3
    Number of units
    3

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    Listing Contact
    Rochelle Jonswold

    Listing agent Rochelle Jonswold

    Listing office Keller Williams Realty North Central 1084 Main Street, MA

    Listing date Jun 16, 2026

    MLS# 73536764 Listing URL

    Copyright © 2026 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 3‑family residence built in 1924 at 167 Seventh St, Leominster, MA
    • 6‑room apartment on the first floor with large living area
    • Five bedrooms total and two‑story layout
    • Three full bathrooms, including one with a walk‑in shower
    • Private yard for outdoor space
    • Equipped with solar panels

    Overview

    Built in 1924, this three-unit residential income property is configured as a two-story colonial with a large first-floor 6-room apartment and additional interior space for five bedrooms total. The home includes three full bathrooms, including one with a walk-in shower. The kitchen features a peninsula designed to support casual dining and everyday convenience. The property is described as ready to move in, and it also offers a private yard for outdoor privacy.

    The address is 167 Seventh St in Leominster, Massachusetts, and the listing notes the property is near Monument Square and Leominster center amenities. It is also described as a short drive to the T, supporting practical access for residents.

    For buyers seeking a move-in-ready three-family residence, the current layout and multiple bedrooms may support a range of household sizes. Solar panels and the availability of outdoor private space are also practical considerations for occupants. With three full bathrooms, the unit mix may be well-suited to tenants who value day-to-day functionality within a straightforward residential setting.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $55.4k $19.80
    − Vacancy −$1.4k −$0.49
    EGI $54.1k $19.31
    − OpEx −$16.2k −$5.79
    NOI $37.8k $13.52
    2,800 SF · lease $19.80/SF/yr · vacancy 2.47% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $540.7K
    $473.1K – $630.8K (±1% cap)
    NOI $37,849 @ 7.0% cap · market cap 5.82%
    Second Best
    Apartment 5plus
    $470.6K
    $411.7K – $549.0K (±1% cap)
    NOI $32,939 @ 7.0% cap · market cap 5.07%
    Theoretical Best
    Office A
    $956.2K
    $836.6K – $1.12M (±1% cap)
    NOI $66,931 @ 7.0% cap · market cap 10.30%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Daycare Center Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Leominster
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.747084
    Latitude
    42.523724

    FAQs

    What type of property is this?
    Triplex - 1924 multi-family home with a 6-room first-floor apartment, five bedrooms, private yard, and solar panels for energy-conscious living.
    Where is this triplex located?
    The property is located at 167 Seventh St Leominster, MA.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: 3‑family residence built in 1924 at 167 Seventh St, Leominster, MA; 6‑room apartment on the first floor with large living area; Five bedrooms total and two‑story layout
    More about this property
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