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You are here:
Home Massachusetts Leominster Multi-Family Homes for Sale

16 Depot Square Leominster, MA 01453

8 Days on Boston Pads
19 Photos
$785,000
6 Unit
8 Beds
7 Baths
5588 SQFT
0.16 Acre
16 Depot Square
Leominster, MA 01453

Property Description

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.

Property Overview

Building Information

  • Total Units: 6
  • Total Floors: 3
  • Total Bedrooms: 8
  • Total Full Baths: 6
  • Total Half Baths: 1
  • Amenities: Highway Access, Laundromat, Medical Facility, Park, Public Transportation, Shopping, Walk/Jog Trails
  • Basement Features: Full
  • Common Heating: Extra Flue, Gas, Heat Pump

Financial

  • APOD Available: No
  • Expenses Source: Other (See Remarks)
  • Gross Operating Income: 101400

Utilities

  • Electric Info: Circuit Breakers, Underground
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Electric, Heat, Hot Water, Water
  • Under Lease: No
  • Floors: 3
  • Levels: 1

Unit 2 Description

  • Included in Rent: Electric, Heat, Hot Water, Water
  • Under Lease: No
  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1900
  • Type: 5-9 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Lead Paint: Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73462923
  • Last Updated: 12/22/25

Date Event Price Price/Sq Ft Source
12/22/2025Active$785,000$140MLSPIN
12/18/2025New$785,000$140MLSPIN
11/07/2025Canceled$744,900$104MLSPIN
08/19/2025Under Agreement$744,900$104MLSPIN
08/11/2025Contingent$744,900$104MLSPIN
06/20/2025Canceled$744,900$104MLSPIN
06/02/2025Active$744,900$104MLSPIN
05/29/2025New$744,900$104MLSPIN
05/22/2025Canceled$744,900$104MLSPIN
05/13/2025Active$744,900$104MLSPIN
05/09/2025Price Change$744,900$104MLSPIN
04/14/2025Active$749,900$105MLSPIN
04/10/2025New$749,900$105MLSPIN

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Map & Resources

St. Leo School

Private School, Grades: PK-8

0.19mi

St Leo

Private School, Grades: PK-8

0.22mi

Leominster Center for Excellence

School

0.33mi

Spruce Street School

School

0.39mi

Bennett School

Public Elementary School, Grades: PK

0.5mi

St Anna School

Private School, Grades: PK-8

0.71mi

St. Anna School

Private School, Grades: PK-12

0.71mi

Northwest School

Public Elementary School, Grades: 1-5

0.77mi

Papa John's

Pizzeria

0.15mi

Panera Bread

Sandwich & Bakery (Fast Food)

0.8mi

Chipotle

Mexican (Fast Food)

0.86mi

Rye & Thyme

Restaurant

0.11mi

The Columbia Tavern

Restaurant

0.16mi

Bocado Tapas Wine Bar

Restaurant

0.18mi

Leominster Police Department

Local Police

0.12mi

Sp Leominster

State Police

0.99mi

Leominster Fire Department

Fire Station

0.12mi

Umass Memorial-HealthAlliance Hospital

Hospital

0.82mi

Entertainment Cinemas

Cinema

0.64mi

Leominster State Pool

Swimming Pool. Sports: Swimming

0.89mi

2 basketball courts

Sports Centre. Sports: Basketball

0.78mi

Lincoln Woods Wildlife Sanctuary

Land Trust Park

0.88mi

Monument Square

Park

0.1mi

Monument Square Historic District

Park

0.11mi

Carter Park

Park

0.16mi

Doyle Field

Municipal Park

0.6mi

Barrett Park

Municipal Park

0.6mi

Doyle Field

Municipal Park

0.76mi

Twelvth Street Field

Municipal Park

0.89mi

Frances Drake School

Recreation Ground

0.77mi

Leominster Public Library

Library

0.18mi

Lifetime Center For Family Health

Library

0.48mi

TD Bank

Bank

0.15mi

Santander

Bank

0.81mi

Burlington

Department Store

0.78mi

JCPenney

Department Store

0.91mi

The Mall at Whitney Field

Mall

0.76mi

Hannaford

Supermarket

0.47mi

Market Basket

Supermarket

0.66mi

Seller's Representative: Trish Marchetti, Berkshire Hathaway HomeServices Commonwealth Real Estate
MLS ID#: 73462923

© 2025 MLS Property Information Network, Inc.. All rights reserved.

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing 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 or leasing. 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 set forth herein.

MLS PIN data last updated at 2025-12-22 03:05:00

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