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    131 5Th St Leominster, MA 01453

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    For Sale
    $1,075,000

    Expansive property near downtown Leominster with customization potential.

    Lot size:
    0.18 Acres

    Property Features for 131 5Th St

    General Information

    Lot size
    0.18 Acres

    Building Details

    Year built
    1900

    Source: Northeast Private Client Group, LLC Agent Patrick Wheeler

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

    Overview

    Leominster Multifamily Opportunity

    Located in the heart of Leominster, this expansive property, constructed around 1900, presents an outstanding opportunity. The property is ideally situated within easy reach of downtown amenities. The interior features generous living space across multiple levels, high ceilings, and original charm. The size and layout provide versatility for a variety of uses, whether for a large family home, a multi-unit investment, or a creative live/work space. The property sits on a deep lot, offering ample room for outdoor enjoyment or expansion. Its location provides convenience and strong rental/owner-occupant demand, being just minutes from shopping, dining, commuter routes, and local schools.
    Location Intelligence

    Current Use by Public Records

    Live-work space

    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
    -71.748504
    Latitude
    42.5258407

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      Leominster Three-Family Home For Sale

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    FAQs

    What type of property is this?
    Live-work space - Expansive property near downtown Leominster with customization potential.
    Where is this live-work space located?
    The property is located at 131 5Th St Leominster, MA.
    What is the asking price?
    The asking price for this property is $1,075,000.
    What are key features of this property?
    This property features: - Convenient location: Minutes from shopping, dining, commuter routes, and local schools.; - Versatile property: Suitable for a large family home, multi-unit investment, or live/work space.; - Generous living space: **Expansive property with multiple levels and high ceilings.**
    (857) 990-6819
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    131 5Th 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
    131 5Th St Leominster, MA 01453
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