167 Seventh St, Leominster, MA 01453
Three-unit colonial with a private yard and solar panels, positioned for an owner-operator or income-minded buyer.
- Added:
- Jun 16, 2026
- Days on Market:
- 7
- Last Refresh:
- Jun 22 at 2:15 am
Property Features for 167 Seventh St
General Information
- Standard status
- Active
- Size
- 2,800 SF
- Property subtype
- 3 Family - 3 Units Up/Down
Building Details
- Year Built
- 1924
Listing agent Eileen Griffin Wright (978) 502-5890
Listing office Keller Williams Realty North Central (978) 502-5890
Listing date Jun 16, 2026
Source Lockandkeyre
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All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty North Central
HighLights
- 1924‑built 3‑family colonial at 167 Seventh St, Leominster, MA
- Includes a 6‑room first‑floor apartment with large living area
- Three full bathrooms total, including one walk‑in shower
- Two‑story home with five bedrooms, providing ample accommodation
- Ready‑to‑move‑in condition with immediate comfort and functionality
- Private yard plus solar panels for energy efficiency
Overview
The property is located at 167 Seventh St in Leominster, near Monument Square and within reach of amenities in the Leominster center. Public remarks also note that the T is a short drive away, which can support tenant and resident convenience.
For buyers seeking a straightforward multifamily asset, the combination of multiple full bathrooms, a private yard, and on-site solar panels may appeal to tenants and owner-operators looking for comfortable, functional units. With a residential-income focus and an immediately usable interior, this property can be a practical fit for those who want to take over without waiting for major initial work.
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 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Leominster
- County
- Worcester
- State
- Massachusetts
- Longitude
- -71.7470509
- Latitude
- 42.5237307
