Three-Unit Triplex with
For Sale
$639,900
167 Seventh St, Leominster, MA 01453
Residential Income, Leominster, MA
Property Size2,800 SF
Lot Size0.11 Acres
Price / SF$228.54
Days on Market31
Property Features for 167 Seventh St
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
RC
Bedrooms
5
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 2, Bathroom 1, Bedroom 4, Bedroom 1, Bedroom 3, Bathroom 2, Bathroom 3, Bedroom 5
Parking
4
High school
Leominster Hs
Directions
Mechanic to 7th
Standard status
Active
APN
M:0137 B:0037 L:0000
Size
2,800 SF
Lot size
0.11 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
7768
Amenities
private yard
solar panels
sunporch
shed
Building Details
Year built
1924
Floors in Building
3
Number of units
3
Buildings
1
Listing Agency:
Keller Williams Realty North Central
(978) 779-5090
Listed By:
Rochelle Jonswold
(978) 840-9000
Added: Oct 1
Changed: Oct 28
Last Checked: Oct 31 at 10:06PM
MLS# 73585035
Copyright © 2026 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 2,800-square-foot, two-story triplex at 167 Seventh St includes three apartments and three full bathrooms. The first-floor unit spans 1,400 square feet and has six rooms. Sunporches serve both levels, and laundry hookups are provided in the basement for the two upper apartments, with separate hookups in the first-floor foyer. Solar panels, a private yard, a rear parking area for tenants, and a shed are also part of the property.
Built in 1924 on a 0.1148-acre lot, the property is zoned RC and is near Monument Square and amenities in Leominster center.
Built in 1924 on a 0.1148-acre lot, the property is zoned RC and is near Monument Square and amenities in Leominster center.
Key Highlights
- Three apartments in a two‑story building
- 2,800 square feet on a 0.1148‑acre lot
- First‑floor apartment measures 1,400 square feet and has six rooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,849
Cap Rate
5.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$756,980
$757.0K
Cap Rate 7%
$540,700
$540.7K
Cap Rate 9%
$420,544
$420.5K
Market Conditions
NOI Build-Up for 2,800 SF
Gross rent
$55.4K $19.80/SF
− Vacancy
−$1.4K −$0.49/SF
EGI
$54.1K $19.31/SF
− OpEx
−$16.2K −$5.79/SF
NOI
$37.8K $13.52/SF
Area
Worcester County, MA
Vacancy
2.47%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$756,980
Cap Rate 7%
$540,700
Cap Rate 9%
$420,544
Alternative Uses
Best Use
Multifamily LT 5
$540.7K
$473.1K – $630.8K
NOI $37,849 @ 7.0% cap · market cap 5.91%
Second Best
Apartment 5plus
$470.6K
$411.7K – $549.0K
NOI $32,939 @ 7.0% cap · market cap 5.15%
Theoretical Best
Office A
$956.2K
$836.6K – $1.12M
NOI $66,931 @ 7.0% cap · market cap 10.46%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
949
Businesses Nearby
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Business Placement
Demographics for 01453, MA
43,752
Population
18,895
Households
2.3
Avg Household Size
41
Median Age
32%
College-Educated
90%
High-School Grad
26.4 sq mi
ZIP Area
1,657
Density / Sq Mi
$82,098
Median Household Income
$52,247
Median Earnings
$1,282
Median Rent
$345,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Triplex - Solar panels, a private yard, rear tenant parking, and a storage shed complement the three-apartment layout.
Where is this triplex located?
The property is located at 167 Seventh St Leominster, MA.
What is the asking price?
The asking price for this property is $639,900.
What are key features of this property?
This property features: Three apartments in a two‑story building; 2,800 square feet on a 0.1148‑acre lot; First‑floor apartment measures 1,400 square feet and has six rooms
