Duplex with Detached
For Sale
$539,000
Pending
233 West St, Leominster, MA 01453
Residential Income, Leominster, MA
Property Size2,934 SF
Lot Size0.35 Acres
Days on Market55
Property Features for 233 West St
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
RB
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Bedroom 2, Bathroom 1, Bedroom 3, Bathroom 2, Bedroom 4
Parking
8
Fireplace
1
Elementary school
Northwest Elementary
Middle school
Sky View Middle School
High school
Leominster High School
Directions
Main St to West St.
Standard status
Pending
APN
1579302
Size
2,934 SF
Lot size
0.35 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
5745
Building Details
Year built
1817
Floors in Building
2
Number of units
2
Listing Agency:
Keller Williams Realty Evolution
(978) 927-8700
Listed By:
Keller Williams Realty Evolution
(781) 395-5600
Added: Aug 24
Changed: Oct 16
Last Checked: Oct 17 at 3:06AM
MLS# 73567568
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.
Built in 1817, this duplex contains two residential units within 2,934 square feet on a 0.3454-acre lot. The property includes off-street parking, a detached two-car garage, a backyard, and a deck. Interior features include a fireplace and multiple bedrooms and bathrooms. The detached structure may support an accessory dwelling unit, subject to municipal approval and permitting.
The property is located in Leominster, Massachusetts, near shopping, parks, schools, public transportation, and major highways. RB zoning is identified for the property.
The property is located in Leominster, Massachusetts, near shopping, parks, schools, public transportation, and major highways. RB zoning is identified for the property.
Key Highlights
- Two‑unit property with 2,934 square feet of building area
- 0.3454‑acre lot in Leominster, MA
- Detached two‑car garage and off‑street parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,661
Cap Rate
7.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$793,220
$793.2K
Cap Rate 7%
$566,586
$566.6K
Cap Rate 9%
$440,678
$440.7K
Market Conditions
NOI Build-Up for 2,934 SF
Gross rent
$58.1K $19.80/SF
− Vacancy
−$1.4K −$0.49/SF
EGI
$56.7K $19.31/SF
− OpEx
−$17.0K −$5.79/SF
NOI
$39.7K $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%
$793,220
Cap Rate 7%
$566,586
Cap Rate 9%
$440,678
Alternative Uses
Best Use
Multifamily LT 5
$566.6K
$495.8K – $661.0K
NOI $39,661 @ 7.0% cap · market cap 7.36%
Second Best
Apartment 5plus
$493.1K
$431.4K – $575.3K
NOI $34,515 @ 7.0% cap · market cap 6.40%
Theoretical Best
Office A
$1.00M
$876.7K – $1.17M
NOI $70,134 @ 7.0% cap · market cap 13.01%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
302
Businesses Nearby
Explore this area
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?
Duplex - Two-unit residential property with off-street parking, outdoor space, and a separate two-car garage.
Where is this duplex located?
The property is located at 233 West St Leominster, MA.
What is the asking price?
The asking price for this property is $539,000.
What are key features of this property?
This property features: Two‑unit property with 2,934 square feet of building area; 0.3454‑acre lot in Leominster, MA; Detached two‑car garage and off‑street parking
