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    22 Prescott St Leominster, MA 01453

    For Sale
    $534,900

    Four-family property in downtown Leominster with a renovated vacant unit.

    Lot size:
    0.07 Acres

    Property Features for 22 Prescott St

    General Information

    Lot size
    0.07 Acres

    Building Details

    Year built
    1850

    Source: Prospective Realty INC Agent Eric Callahan

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Leominster Four-Family Investment Opportunity

    This is a four-family property located in downtown Leominster on a dead-end street. One vacant unit has been renovated and is ready for a new tenant or owner occupancy. The owner is responsible for covering the cost of heat for the property, presenting an opportunity for investment.
    Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Leominster
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.7562675
    Latitude
    42.5279909

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    FAQs

    What type of property is this?
    Quadplex - Four-family property in downtown Leominster with a renovated vacant unit.
    Where is this quadplex located?
    The property is located at 22 Prescott St Leominster, MA.
    What is the asking price?
    The asking price for this property is $534,900.
    What are key features of this property?
    This property features: - Vacant, renovated unit ready for immediate occupancy.; - Four-family property offering investment potential.; - Located in downtown Leominster.
    (508) 633-2288
    Request Owner's contact information
    22 Prescott St Leominster, MA 01453
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    Leominster, MA 01453
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    22 Prescott St Leominster, MA 01453
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