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29 June Street Leominster — Photo 1 of 9

29 June Street Leominster — Photo 1 of 9

$749,000

Investment Analysis — 29 June Street

Leominster, MA 01453

Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a home in 01453 carries an estimated $1,290/mo in gross rent — about a 1.19% cap rate and $8,919/yr in estimated NOI at the $749,000 list price. Adjust every assumption in the calculator below.

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Beds

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Baths

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SqFt

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Style

Residential

Built

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DEVELOPMENT OPPORTUNITY in Leominster! FULLY APPROVED, PERMIT-READY 10-unit condominium development. The approved project consists of five new residential two-family structures, for a total of ten condominium units. The residences are designed as spacious 3-bedroom, 3.5-bath multi-level homes with integral garages and open living areas, providing a strong end-product for future resale. Property will be conveyed with the approved site and architectural plans, ready to submit for building permit immediately, giving a developer a substantially advanced path toward construction. The thoughtfully planned site incorporates dedicated parking, private residential entrances, and an efficient overall layout, creating an attractive opportunity to bring a fully entitled condominium project to market.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Property Details

Financials

Original Price$749,000
Annual Taxes$2,846

Parking

Garage0
Off-Street0

Interior Specifications

Total Rooms--
FireplacesNone
Flooring--
BasementNone

Climate & Utilities

Heating--
Cooling--
WaterPublic, At Street
SewerPublic Sewer, At Street

Building & Exterior

Construction--
Roof--
Foundation--
ZoningRB

Property & Lot

Acres1.13
SqFt Lot49,222
Lot FeaturesLevel, Cleared

Neighborhood

Shopping • Pool • Park • Highway Access • Public School

Geography

Listing Provided By

Listing Agent: Michael Sellers

Listing Office: Odessit Capital

MLS® Number: 73580029