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16 Depot SquareLeominster, MA 01453

For Sale

$785,000

Smart Buyer Rebate $3,200

Prime mixed-use opportunity in the heart of downtown! This fully occupied building features five residential apartments and one street-level commercial space, all with long-term tenants in place. A solid income producer with strong rental history, offering immediate cash flow and value-add potential. Deeded parking adds rare and valuable convenience for the residential tenants and plenty of street parking for commercial occupants. Ideal for investors seeking a stable asset in a high-demand location with nearby amenities, shops, dining, and public transportation. Don’t miss this chance to own a cornerstone property in a thriving downtown setting. All unit photos, floorplan, expenses and rent roll available upon request.

Listed by Trish Marchetti

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Berkshire Hathaway HomeServices Commonwealth Real Estate

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339-222-0471

Last updated December 22, 2025

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Source: MLSPin #73462923

Listing Facts

  • TypeMulti-family
  • NeighborhoodDowntown Leominster
  • Bedrooms8
  • Bathrooms7
  • Days on Prevu42
  • Taxes$10,421/year
  • Size5,588 sqft
  • Price per sqft$140

Amenities

  • Private Outdoor Space
  • Parking

Location

Mortgage Calculator

Listing History

12/18/2025
Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate
$785,000

Property Details for 16 Depot Square

Association

Amenities

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, Sidewalks

Exterior

Construction

  • Number Of Units Total: 6
  • Roof: Shingle
  • Stories: 3
  • Stories Total: 3
  • Year Built: 1900
  • Year Built Details: Unknown/Mixed
  • Construction Materials: Frame

Features

  • Patio And Porch Features: Porch
  • Road Frontage Type: Public

Measurements

  • Building Area Total: 5,588
  • Building Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.16
  • Lot Size Area: 0
  • Lot Size Square Feet: 6,945
  • Lot Size Units: Acres

Financial

Residential Income

  • Gross Income: $101,400.00

Taxes

  • Parcel Number: M:0019 B:0009 L:0000,1577308
  • Tax Annual Amount: $10,421.00
  • Tax Assessed Value: $742,800.00
  • Tax Year: 2025

Interior

Features

  • Flooring: Varies

Measurements

  • Living Area: 5,588
  • Living Area Source: Public Record

Rooms

  • Basement: Full
  • Bathrooms Full: 6
  • Bathrooms Half: 1
  • Bathrooms Total Integer: 7
  • Bedrooms Total: 8
  • Rooms Total: 25

Parking

Parking

  • Open Parking Spaces: 7
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Parking Total: 7

Utilities

Equipment

  • Electric: Circuit Breakers
  • Heating: Natural Gas
  • Has Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this multi-family home have?

There are 8 bedrooms and 7 bathrooms in this multi-family home at 16 Depot Square.

Does this multi-family home have parking?

Yes, there are 7 parking spaces available for 16 Depot Square.

What are the annual taxes for 16 Depot Square?

Annual taxes for this multi-family home are estimated at $10,421.

How does 16 Depot Square compare to other multi-family homes in Downtown Leominster?

This multi-family home is listed 15% above the average price for multi-family homes in Downtown Leominster and has been on the market for 39 more days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 5,588 sqft.

16 Depot Square is a 8-bedroom, 7-bath multi-family home for sale in Leominster MA 01453. Listed on Prevu for 42 days at $785,000. This property features 5,588 square feet of living space, located in Worcester County. The median listing price for multi-family homes in this area is $684,950. Property amenities include private outdoor space and parking. Browse more multi-family home listings in Worcester County.

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.