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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Leominster, MA
Listed for sale 4 days ago
$ 269,900
ROI
24.3
Cash Flow/m
341- 2 Bed
- 2 Bath
- 949 sft
10 Abbey Rd APT 205, Leominster, MA, 01453
Currently Rented
Listed for sale 6 days ago
$ 235,000
ROI
28.4Cash Flow/m
562- 2 Bed
- 1 Bath
- 780 sft
144 West St APT 28, Leominster, MA, 01453
$ 255,000
ROI
20.6Cash Flow/m
59- 1 Bed
- 1 Bath
- 820 sft
16 Gates Xing, Leominster, MA, 01453
$ 250,000
ROI
21.6Cash Flow/m
130- 1 Bed
- 1 Bath
- 820 sft
23 Berrington Rd, Leominster, MA, 01453
Why Invest in Leominster, Massachusetts?
Leominster, MA offers strong potential for condo investors seeking steady rental income in a competitive market. Recent data shows median home values around $455K with 2.4% appreciation, supporting solid cap rates near 6%. Renter-occupied units exceed 40%, driven by local employment and proximity to Boston. Average rents hover at $1,800 monthly, yielding 5.5% with moderate cash flow opportunities. Stable housing dynamics make condos a resilient choice amid Massachusetts' balanced market trends.
7.2%
Avg. ROI
5.5%
Rental Yield
6.1%
Cap Rate
$420/mo
Avg. Cash Flow
$1800/mo
Avg. Rent
2.4%
1Y Appreciation
Frequently Asked Questions
Yes, condos offer solid rental yields around 5.5% with low vacancy. Proximity to jobs and Boston supports demand. Stable appreciation at 2.4% adds long-term value.
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