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40-44 Cottage StLeominster, MA 01453

For Sale

$1,100,000

Smart Buyer Rebate $5,500

Rare investment opportunity featuring two separate homes on one lot with excellent income potential. This unique property consists of a large 3-family offering spacious 2-bedroom units that could easily be converted into 3-bedroom units with minor modifications, creating additional upside for investors. The second building is a 2-family with a 2-bedroom unit on the first floor and a 1-bedroom unit on the second floor. All units feature in-unit washer and dryer hookups for added tenant convenience. The property also offers ample off-street parking, a highly desirable feature for tenants. Important exterior updates have already been completed, including a brand-new roof on the 2-family and a newer roof on the 3-family replaced just a few years ago. Whether you are looking to expand your portfolio or owner-occupy while generating strong rental income, this property offers flexibility, value-add potential, and long-term cash flow opportunity.

Listed by Nicolas Berthet-Garcia

·

Property Investors & Advisors, LLC

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978-906-5225

Last updated June 12, 2026

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Source: MLSPin #73535093

Listing Facts

  • TypeMulti-family
  • NeighborhoodLeominster
  • Bedrooms9
  • Bathrooms5
  • Days on Prevu5
  • Taxes$6,658/year
  • Size6,500 sqft
  • Price per sqft$169

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

06/10/2026
Listed by Property Investors & Advisors, LLC
$1,100,000

Property Details for 40-44 Cottage St

Association

Amenities

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Highway Access

Exterior

Construction

  • Number Of Units Total: 5
  • Roof: Shingle
  • Stories: 5
  • Stories Total: 5
  • Year Built: 1900
  • Year Built Details: Approximate

Measurements

  • Building Area Total: 6,500
  • Building Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.50
  • Lot Size Area: 0
  • Lot Size Square Feet: 21,705
  • Lot Size Units: Acres

Financial

Residential Income

  • Gross Income: $108,000.00

Taxes

  • Parcel Number: M:0009 B:0011 L:0000,1577106
  • Tax Annual Amount: $6,658.00
  • Tax Assessed Value: $487,400.00
  • Tax Year: 2026

Interior

Features

  • Fireplace: Yes
  • Fireplaces Total: 1

Measurements

  • Living Area: 6,500
  • Living Area Source: Public Record

Rooms

  • Basement: Unfinished
  • Bathrooms Full: 5
  • Bathrooms Total Integer: 5
  • Bedrooms Total: 9
  • Rooms Total: 23

Parking

Parking

  • Open Parking Spaces: 12
  • Open Parking: Yes
  • Parking Features: Paved Drive
  • Parking Total: 12

Utilities

Equipment

  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

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

There are 9 bedrooms and 5 bathrooms in this multi-family home at 40-44 Cottage St.

Does this multi-family home have parking?

Yes, there are 12 parking spaces available for 40-44 Cottage St.

What are the annual taxes for 40-44 Cottage St?

Annual taxes for this multi-family home are estimated at $6,658.

How does 40-44 Cottage St compare to other multi-family homes in Leominster?

This multi-family home is listed 80% above the average price for multi-family homes in Leominster and has been on the market for 13 less 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 6,500 sqft.

40-44 Cottage St is a 9-bedroom, 5-bath multi-family home for sale in Leominster MA 01453. Available on Prevu for 5 days at $1,100,000. This property features 6,500 square feet of living space, located in Leominster. The median listing price for multi-family homes in this area is $442,450. Additional amenities include parking. Explore more multi-family home listings in Massachusetts.

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.