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    48 Chestnut St Leominster, MA 01453

    For Sale
    $450,000

    Duplex with a vacant four-bedroom unit, ideal for owner-occupancy.

    Lot size:
    0.24 Acres

    Property Features for 48 Chestnut St

    General Information

    Lot size
    0.24 Acres

    Building Details

    Year built
    1930

    Source: Redfin Corp. Agent John Snyder

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

    Overview

    Leominster Duplex with Vacant Unit

    This duplex presents an opportunity for investment or owner occupancy, situated on a quarter-acre lot. Unit 1, located on the main level, features two bedrooms and one bathroom, and has been occupied by long-term tenants for over eight years. Unit 2 spans the second and third floors, offering four bedrooms and one bathroom and is currently vacant. Both units have updated kitchens and bathrooms from around 2000. The property includes a detached two-car garage for parking or storage. A slate roof provides durability and historical value. The four-bedroom unit is suitable for owner occupancy.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    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
    -71.7708952
    Latitude
    42.5196008

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    FAQs

    What type of property is this?
    Duplex - Duplex with a vacant four-bedroom unit, ideal for owner-occupancy.
    Where is this duplex located?
    The property is located at 48 Chestnut St Leominster, MA.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: - Vacant 4-bedroom unit ideal for owner occupancy.; - Duplex offers investment potential with rental income from the 2-bedroom unit.; - Detached two-car garage provides parking or storage.
    (508) 425-1245
    Request Owner's contact information
    48 Chestnut 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
    48 Chestnut St Leominster, MA 01453
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