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Image 1 - 181 West St, Leominster, Massachusetts, 01453 - House for sale
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West St, Leominster, Home For Sale
181 West St, Leominster, Massachusetts, 01453

West St, Leominster, Home For Sale

house for sale
Listed: 07/19/24

181 West St, Leominster, Massachusetts, 01453

5 Bed:
2.5 Bath:
3,504 Sq Ft Living Area:
Save
Price
$ 525,000

About This House

A unique investment opportunity blending residential and commercial spaces in a prime location. This rare mixed-use property features two spacious residential units above three versatile commercial/retail/office spaces. Recent upgrades make it ideal for investors and business owners. The left street-level unit is leased to a vintage clothing store with a half bath and utility space, while the right unit, a barber shop, will be vacant upon sale. The third unit, previously a nail salon, includes a tanning booth, half bath, and shower room with interior and rear access. All street-level units share efficient HVAC and gas heating. Each residential apartment features a 4-room layout and full bath, separate utilities, and individual meters. All units are tenant-at-will. Additional features include paved off-street parking and a full unfinished basement with walkout access and windows. Located in a high-traffic area, this property offers endless possibilities.

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Leominster Housing & Living

Average sale prices for houses

3 bed
Show as List Show as Graph
In June 2024, the asking price for 3 bed houses for sale in/near Leominster, United States averaged $476,744, an increase of 11.6% from the previous month.
Median price trends for properties for sale in Leominster, United States as of June 2024.

Household Income

Median household income: $57,610
Number of households: 16,563
The average household income in Leominster, MA grew from $56,510 to $57,610 in the past year. This data is an estimate based upon 16,563 households in Leominster, MA.
The chart below presents how household income is distributed in Leominster, MA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Leominster, MA compared to median property taxes around the country. The prevalent amount of property taxes in Leominster, MA equals $3k+ , which is more than the national average.