Condo Investment Properties for Sale in Leominster, MA

Property at 51 Berrington Rd, Leominster, MA
Listed for sale 1 day ago
$ 299,900
ROI
24.2ROI percentage
Cash Flow/m
Dollar sign369
  • 2 Bed
  • 2 Bath
  • 1336 sft
51 Berrington Rd, Leominster, MA, 01453
Property at 20 Abbey Rd APT 306, Leominster, MA
Listed for sale 7 days ago
$ 265,900
ROI
26.7ROI percentage
Cash Flow/m
Dollar sign516
  • 2 Bed
  • 2 Bath
  • 948 sft
20 Abbey Rd APT 306, Leominster, MA, 01453
Property at 131 Litchfield Pines Dr APT A, Leominster, MA
Currently Rented
Rental Income
$ 218,000
ROI
22.3ROI percentage
Cash Flow/m
Dollar sign154
  • 1 Bed
  • 1 Bath
  • 692 sft
131 Litchfield Pines Dr APT A, Leominster, MA, 01453
Property at 20 Abbey Rd APT 101, Leominster, MA
$ 255,000
ROI
23.0ROI percentage
Cash Flow/m
Dollar sign227
  • 2 Bed
  • 1 Bath
  • 728 sft
20 Abbey Rd APT 101, 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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