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Duplex with Patio Bar

60 Howard Street Leominster, MA 01453

60 Howard Street, Leominster, MA, 01453
$645,900
For Sale
$645,900

Two-unit duplex featuring wood floors, upgraded kitchens, a sunroom, and an outside/inside bar on the patio.

Property Size3,512 SF
Price / SF$183.91
Days on Market225

Property Features for 60 Howard Street

General Information

Standard status
Active
Size
3,512 SF
Property subtype
Multi-family / 2 Family

Building Details

Year Built
1956
Listing agency United Brokers
Listed by Marilene Araujo · License #9628999
Source Compass
Added: Dec 8, 2025 Updated: Jul 21 at 2:46AM Checked: Jul 21 at 6:16AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of United Brokers


Investment Insights

Based on property information with market context.

This duplex at 60 Howard Street offers two separate units with distinct interior updates. The first unit features a large open-concept main space with wood flooring throughout, plus a massive, custom kitchen island with black granite-tile countertops, stainless steel appliances, and ample cabinet space. A stone-face fireplace with a pellet stove adds a notable focal point.

The second unit includes a fully renovated kitchen and a full bathroom with marble-tiled finishes, along with a spacious sunroom. The basement provides storage and a dedicated laundry unit. Outside, there is an outside/inside bar on the patio, complemented by a 1-car garage with plenty of workspace.

Set up as a residential income property, the building’s two-unit configuration and multiple interior and exterior improvements are geared toward comfortable, functional day-to-day living for occupants.

Key Highlights

  • Two‑unit duplex built in 1956 with full basement offering storage and laundry space
  • First unit features an open‑concept main room with wood flooring and a massive custom kitchen island
  • Stone‑face fireplace with pellet stove in the first unit

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 $69.5k $19.80
− Vacancy −$1.7k −$0.49
EGI $67.8k $19.31
− OpEx −$20.3k −$5.79
NOI $47.5k $13.52
3,512 SF · lease $19.80/SF/yr · vacancy 2.47% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$678.2K
$593.4K – $791.2K (±1% cap)
NOI $47,474 @ 7.0% cap · market cap 7.35%
Second Best
Apartment 5plus
$590.2K
$516.4K – $688.6K (±1% cap)
NOI $41,315 @ 7.0% cap · market cap 6.40%
Theoretical Best
Office A
$1.20M
$1.05M – $1.40M (±1% cap)
NOI $83,951 @ 7.0% cap · market cap 13.00%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Dental Office Pharmacy Parking Lot & Garage Electrical Service (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Hotel & Motel Garden Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Two-unit duplex featuring wood floors, upgraded kitchens, a sunroom, and an outside/inside bar on the patio.
Where is this duplex located?
The property is located at 60 Howard Street Leominster, MA.
What is the asking price?
The asking price for this property is $645,900.
What are key features of this property?
This property features: Two‑unit duplex built in 1956 with full basement offering storage and laundry space; First unit features an open‑concept main room with wood flooring and a massive custom kitchen island; Stone‑face fireplace with pellet stove in the first unit
Contact an agent
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