42 Summer Street
Property Description
Boston Realty Advisors is proud to present the exclusive opportunity to acquire 42-44 Summer Street in Leominster, MA. This 6-unit multifamily asset offers a diverse unit mix of one, two, and three-bedroom apartments, with the majority of units having been previously upgraded or fully renovated. The property includes at least one dedicated parking space per unit — a meaningful amenity in the Central Massachusetts market — and presents a compelling blend of stabilized, in-place income with a clear, defined value-add path through the renovation of the property’s one remaining unrenovated unit. Leominster is a growing city in North Central Massachusetts with strong residential rental fundamentals, bolstered by its convenient access to Route 2 and Interstate 190, proximity to Fitchburg and the broader Montachusett region, and a commuter rail connection to Boston via the Fitchburg/South Acton Line. The city’s affordability relative to Greater Boston and improving employment base continue to drive renter demand and support healthy occupancy levels across the multifamily market.
Key Property Information
| Listing Status: | Unavailable |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $1,079,000 |
| No. of Units: | 6 |
| Opportunity Zone: | No |
| Price per unit: | $179,833 |
| Property Website | Click Here |
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