Active
18 Days on market
113 Spruce Leominster — Photo 1 of 23

113 Spruce Leominster — Photo 1 of 23

$877,000

113 Spruce, Leominster, MA 01453

Leominster, MA 01453

Beds

9

Baths

6

SqFt

4,917

Style

5-9 Family

Built

1900

Excellent opportunity to acquire a cash-flowing 6-unit multifamily in Leominster! Currently generating $9,480/month in gross rental income ($113,760 annually) with five units occupied and one newly renovated vacant unit ready for its next tenant. The property offers strong in-place income from day one while leaving room for additional upside through minor cosmetic improvements to the remaining units and common areas. An attractive opportunity for an investor looking for a stabilized multifamily asset without taking on a major renovation project. Convenient location near downtown Leominster, shopping, restaurants and major routes.

Key facts

It was listed on September 17, 2026. The annual property taxes are $8,993 (2025 tax year). It sits on a 0.16-acre (7,117 sq ft) lot.

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$178/sqft
Local Avg (Leominster)$213/sqft
16% BelowMarket Average

* Analysis is based on 20 actively listed and recently sold comparable properties strictly within Leominster, MA.

Property Details

Financials

Original Price$877,000
Annual Taxes$8,993

Parking

Garage1
Off-Street7

Interior Specifications

Total Rooms22
FireplacesNone
Flooring--
BasementFull, Interior Entry

Climate & Utilities

Heating--
Cooling--
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofRubber
FoundationStone
ZoningRC

Property & Lot

Acres0.16
SqFt Lot7,117
Lot FeaturesCorner Lot

Neighborhood

Public Transportation • Shopping • Public School

Geography

Questions about this home

When was 113 Spruce, Leominster listed?

113 Spruce, Leominster was listed on September 17, 2026.

Has the price of 113 Spruce, Leominster changed?

The price hasn't changed since it was listed at $877,000.

What are the property taxes for 113 Spruce, Leominster?

The annual property taxes for 113 Spruce, Leominster are $8,993 (2025 tax year).

How big is the lot at 113 Spruce, Leominster?

113 Spruce, Leominster sits on a 0.16-acre (7,117 sq ft) lot.

What is the status of 113 Spruce, Leominster?

113 Spruce, Leominster is actively listed for sale.

Population

43,851

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$84K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

37.8%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Worcester County

1,805 housing units permitted in the last 12 months (+1% vs the prior 12 months) — 1,007 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jul '26)

Listing Provided By

Listing Agent: Damon Amato

Listing Office: The Hive Real Estate LLC

MLS® Number: 73578802