$625,000

50 Summer St Leominster, MA 01453

$7,422
Closing credit¹
5 beds
4 full
2,550 sqft
0.3 acres
$245 / sqft
Multi-Family

Property details

About 50 Summer St

**Attention Investors-This is a must see!** Turn-key, 4 unit with many updates, separated utilities and ample parking. Cap rate of 6.7%. All units above grade and on leases, 2025 updates: New Forced Air furnace for Unit 2 & Chimney flue liner. Other recent updates include Blown-in Insulation; building electric fully separated and updated, Roof replaced. Building plumbing & unit water heaters were updated on various dates. This is the one you've been waiting for - Don't Miss Out! FIRST SHOWINGS AT OPEN HOUSES 4/26 & 4/27.

Highlights

Home typeMulti Family
StatusActive
(New)
Size2,550 sqft
BasementYes
Lot size0.25 Acres
Year built1920
ParkingPaved Drive, Off Street, Common, Paved
MLS #73364160

Summary

  • MLS Number: 73364160
  • MLS Name: MLS Property Information Network
  • Office Name: Keller Williams Realty
  • Office Phone: (617) 969-9000
  • Listing Agent: Stig Bergquist

IDX Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/25/2025, 1:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of property

$625,000

50 Summer St

$7,422

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Oct 31, 2003
Home Sold
$250,000
Jul 13, 1995
Home Sold
$52,000
Jul 01, 1994
Home Sold
$37,000

Tax history

YearAssessmentProperty Tax
2024$375,600$5,450
2022$308,100$5,102
2021$212,500$3,853
2020$209,100$3,760
2019$177,200$3,285

History based on county public records data.

Nearby schools

5

Northwest Elementary School

Public District KG-5

0.7 mi

45 Stearns Ave

5

Frances Drake Elementary School

Public District KG-5

0.9 mi

95 Viscoloid Ave

5

Johnny Appleseed Elementary School

Public District KG-5

1.8 mi

845 Main St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $37,813. Residents of Leominster, MA typically earn less than $<35k each year. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

49%
<35k
39%
35k-100k
12%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

66%
Single, No Kids
12%
Single, with Kids
10%
Married, No Kids
12%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
8%
12-17 yrs old
26%
18-34 yrs old
42%
35-64 yrs old
10%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • SoccerSoccer
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • BurlingtonBurlington
  • Forever 21Forever 21
  • Family DollarFamily Dollar

Where do the neighbors go to eat?

  • PopeyesPopeyes
  • Dominos PizzaDominos Pizza
  • Church's ChickenChurch's Chicken

What do the neighbors drive?

  • DodgeDodge
  • MazdaMazda
  • CadillacCadillac

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • JazzJazz
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 50 Summer St in Leominster, MA and zip code 01453. This 2,550 square foot home, which was built in 1920, sits on a 0.25 acre lot. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since April 24, 2025 and is currently priced at $625,000.

While more than 10 listings in Leominster, MA in March 2025 were sold above asking price, there were more than 4 listings sold at asking price, and more than 7 were sold below. The number of listings in Leominster, MA increased by 1.3% between February and March 2025. The median list price of listings available in March 2025 was $442,000, while the average time on the real estate market was 43 days.

From Rocket Homes Real Estate and based on county public records data.

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