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    15-19 Elm St Leominster, MA 01543

    For Sale
    $715,000

    Leominster triplex with pond frontage and income potential.

    Lot size:
    0.27 Acres

    Property Features for 15-19 Elm St

    General Information

    Lot size
    0.27 Acres

    Building Details

    Year built
    1900

    Source: Hazel & Company Agent Sheila Ste. Marie-Anderson

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

    Overview

    Waterfront Triplex in Leominster

    This three-family property is located on Rockwell Pond in a desirable Leominster location, close to the town center, schools, churches, restaurants, library, and shops. The first-floor unit is available for a new owner or future investments. Units 2 and 3 are fully leased until August 31st, 2026, providing income to support a mortgage. The property features separate electric and natural gas meters. Laundry hook-ups are available on the first floor for unit 1, in the basement for unit 2, and within the apartment for unit 3. Off-street parking is available for 8 vehicles.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
    -71.7683252
    Latitude
    42.5264043

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    FAQs

    What type of property is this?
    Triplex - Leominster triplex with pond frontage and income potential.
    Where is this triplex located?
    The property is located at 15-19 Elm St Leominster, MA.
    What is the asking price?
    The asking price for this property is $715,000.
    What are key features of this property?
    This property features: - Waterfront property on Rockwell Pond; - Three-family home offering income potential; - Units 2 & 3 are fully leased until August 31st, 2026
    (774) 312-4251
    Request Owner's contact information
    15-19 Elm St Leominster, MA 01543
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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
    15-19 Elm St Leominster, MA 01543
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