Large Tri-Level 3 Unit Multi family on a corner lot with plenty of parking located in a nice neighborhood area of Leominster. The seller has upgraded the units during ownership: Varies per unit-- Kitchens to include the cabinets, countertops & stainless appliances, gas stoves, 3rd level has a dishwasher. New flooring, carpet tile & laminate! Some units have lovely hardwood flooring! New bathrooms with vanities & flooring.The 1st & 2nd floors boasts spacious eat in kitchens, living room, & 3 bedrooms. The 3rd floor has 2 bedrooms & a heated/enclosed sun room that can be used as one selects! Large Kitchen with room for dinning area! Some new windows over time.Covered Porches. All separate heat & electric with a common landlord panel. Separate On-wall mount HW heater for washer hookup-Coin op Dryer.Rents are below market 3 bedrooms rent potential $2000-2200 & 3rd unit $1800-2000. Level grass yard! 1st Showings at OH Sat 9/13 /25 11am-1pm!
Listed by Kelle O'Keefe
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Keller Williams Realty North Central
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603-831-1087
Last updated September 06, 2025
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Source: MLSPin #73426849
Listing Facts
TypeMulti-family
NeighborhoodLeominster
Bedrooms8
Bathrooms3
Days on Prevu4
Taxes$5,607/year
Size2,497 sqft
Price per sqft$280
Amenities
Dishwasher
Private Outdoor Space
Parking
Swimming Pool
Location
Mortgage Calculator
Listing History
09/05/2025
Listed by Keller Williams Realty North Central
$699,900
Property Details for 498 Lancaster
Association
Amenities
Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House Of Worship, Public School, T-Station
Exterior
Construction
Number Of Units Total: 3
Roof: Shingle
Stories: 3
Stories Total: 3
Window Features: Insulated Windows
Year Built: 1900
Year Built Details: Actual
Construction Materials: Frame
Features
Patio And Porch Features: Porch, Enclosed
Road Frontage Type: Public
Measurements
Building Area Total: 2,497
Building Area Units: Square Feet
Lot Features: Corner Lot, Wooded, Level
Lot Size Acres: 0.26
Lot Size Area: 0
Lot Size Square Feet: 11,250
Lot Size Units: Acres
Financial
Residential Income
Gross Income: $59,400.00
Operating Expense: $3,740.00
Taxes
Tax Annual Amount: $5,607.00
Tax Year: 2024
Interior
Features
Appliances: Range, Refrigerator, Dishwasher
Flooring: Vinyl, Laminate, Hardwood, Carpet
Interior Features: Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub & Shower, Remodeled, Living Room, Kitchen, Sunroom
Measurements
Living Area: 2,497
Living Area Source: Public Record
Rooms
Basement: Full, Interior Entry
Bathrooms Full: 3
Bathrooms Total Integer: 3
Bedrooms Total: 8
Rooms Total: 14
Parking
Parking
Open Parking: Yes
Parking Features: Paved Drive, Off Street, Paved
Parking Total: 8
Schools
Elementary School
Elementary School: Frances Drake
High School
High School: Leominster
Middle or Junior School
Middle Or Junior School: Sky View
Utilities
Equipment
Electric: Circuit Breakers
Heating: Baseboard, Natural Gas
Has Heating: Yes
Laundry Features: Electric Dryer Hookup, Washer Hookup
Sewer: Public Sewer
Utilities: For Gas Range, For Electric Range, For Electric Dryer, Washer Hookup
Water Source: Public
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