45 Laurel St Leominster — Photo 1 of 15
Recent Drop: $50,000
$875,000
45 Laurel St, Leominster, MA 01453
Leominster, MA 01453
Beds
9
Baths
6
SqFt
5,166
Style
5-9 Family
Built
1900
Well-maintained 6-family property in a great location, offering a strong investment opportunity. The building features a desirable mix of three large 2-bedroom units and three 1-bedroom units, giving it broad rental appeal. Set on a corner lot, there’s plenty of off-street parking along with convenient access to the highway for easy commuting. The property has quiet, long-term tenants in place, providing steady income with room to grow. It’s been well cared for and generates solid cash flow, while still coming with additional upside through future rent increases. Overall, a turnkey investment with a nice balance of stability and value-add potential.
Key facts
It was listed on April 15, 2026. The price has come down from an original $1,050,000 to $875,000 across 4 changes, most recently on September 21, 2026. The annual property taxes are $9,357 (2025 tax year). It sits on a 0.31-acre (13,291 sq ft) lot.
Market Value Analysis
* Analysis is based on 20 actively listed and recently sold comparable properties strictly within Leominster, MA.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Neighborhood
Public Transportation • Highway Access
Geography
Property History
$875,000
Was $925,000
Sep 21, 2026
MLS® 73502250
$925,000
Was $969,900
Aug 13, 2026
MLS® 73502250
$969,900
Was $999,900
Jul 20, 2026
MLS® 73502250
$999,900
Was $1,050,000
May 25, 2026
MLS® 73502250
$1,050,000
Apr 15, 2026
MLS® 73502250
Questions about this home
When was 45 Laurel St, Leominster listed?
45 Laurel St, Leominster was listed on April 15, 2026.
Has the price of 45 Laurel St, Leominster changed?
The price has come down from an original $1,050,000 to $875,000 across 4 changes, most recently on September 21, 2026.
What are the property taxes for 45 Laurel St, Leominster?
The annual property taxes for 45 Laurel St, Leominster are $9,357 (2025 tax year).
How big is the lot at 45 Laurel St, Leominster?
45 Laurel St, Leominster sits on a 0.31-acre (13,291 sq ft) lot.
What is the status of 45 Laurel St, Leominster?
45 Laurel St, Leominster is actively listed for sale.
Population
43,851
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
Median Household Income
$84K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
Renter-Occupied Homes
37.8%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)
New Construction Permits — Worcester County
1,805 housing units permitted in the last 12 months (+1% vs the prior 12 months) — 1,007 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jul '26)
Listing Agent: Patrick Hermans
Listing Office: J. Borstell Real Estate, Inc.
MLS® Number: 73502250
