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Vacant Properties in Leominster, MA

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Find, analyze, and compare Leominster, MA vacant property investment opportunities, including off-market homes with value-add potential for absentee owners. Leominster offers a diverse housing market with unoccupied properties that could be suitable for renovations, resale, or conversion into rental units. Vacant property housing market trends indicate that Leominster could be a good market for investors, offering opportunities for undervalued homes, absentee landlord investments, renovations, and long-term (LTR) rental strategies. Property Intel by Whitepages makes it easy to uncover off-market vacant properties in Leominster, Massachusetts, compare city and neighborhood benchmarks, and access owner contact information, including absentee or out-of-state owners, to help you find the best vacant homes for your investment strategy.

In Leominster, the median property value currently stands at $408,270, reflecting a 2% year-over-year increase based on recent sales. The 5-year appreciation forecast estimates values reaching $601,367 (a 0.01% gain). The housing market includes a total of 13,136 houses.The median home in Leominster has 1,562 square feet of living space, priced at a median of $260 per square foot with a median year built of 1965. For long-term rental properties in Leominster, the median annual gross rental income is $44,400 (or $3,700/month) with estimated operating expenses of $14,134, resulting in an approximate gross cap rate of 7.36%.

Property Intel by Whitepages helps investors and homeowners explore the Leominster area by offering market analysis tools, neighborhood benchmarks, owner contact information, and interactive maps. These tools support research into investment properties, including foreclosure data and off-market listings in Leominster, MA.

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MALeominster

Housing Market Trends & Statistics for Leominster, Massachusetts

Median Property Value
$408,270
Total number of Properties
13,136
Median Living Space
1,562 sq ft
Median Year Built
1965 (60 years)
5-Year Appreciation Forecast
$601,367
Median Lot Size
16,553 sq ft
Average Ownership
1 year 6 months
for Leominster, MA
  • Est. Rental Income
    $44,400 ($3,700 per month)
  • Net Operating Income
    $30,266 ($2,522 per month)
  • Cap Rate
    7.36%

Find Investment Properties in Leominster

Nearby Cities

  1. Fitchburg Investment Properties
  2. Lunenburg Investment Properties
  3. Lancaster Investment Properties
  4. Sterling Investment Properties
  5. Shirley Investment Properties
  6. Westminster Investment Properties
  7. Princeton Investment Properties
  8. Clinton Investment Properties
  9. Harvard Investment Properties
  10. Townsend Investment Properties

Nearby Neighborhoods

  1. West Leominster in Leominster, MA
  2. North Leominster in Leominster, MA
  3. South Fitchburg in Fitchburg, MA
  4. Southside in Fitchburg, MA
  5. Cleghorn in Fitchburg, MA
  6. Littleton Common in Littleton, MA
  7. Burncoat in Worcester, MA
  8. Indian Hill in Worcester, MA
  9. Greendale in Worcester, MA
  10. French Hill in Marlborough, MA

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