About 40-46 Cottage St
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.
Features of 40-46 Cottage St
| MLS® # | 73535093 |
|---|---|
| Price | $1,050,000 |
| Bedrooms | 9 |
| Bathrooms | 5.00 |
| Full Baths | 5 |
| Square Footage | 6,500 |
| Acres | 0.50 |
| Year Built | 1900 |
| Type | Residential Income |
| Sub-Type | 5-9 Family |
| Status | Active |
Community Information
| Address | 40-46 Cottage St |
|---|---|
| City | Leominster |
| County | Worcester |
| State | MA |
| Zip Code | 01453-3551 |
Amenities
| Parking Spaces | 12 |
|---|---|
| Parking | Paved Drive |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Fireplace | Yes |
|---|---|
| # of Fireplaces | 1 |
| # of Stories | 5 |
| Stories | 5 |
Exterior
| Lot Description | Level |
|---|---|
| Roof | Shingle |
| Foundation | Stone |
Additional Information
| Zoning | RC |
|---|
Listing Details
| Agent | Nicolas Berthet-garcia |
|---|---|
| Office | Property Investors & Advisors, LLC |