Active
73 Days on market
119 Cortland Cir #119 Leominster — Photo 1 of 33

119 Cortland Cir #119 Leominster — Photo 1 of 33

$314,900

Investment Analysis — 119 Cortland Cir #119

Leominster, MA 01453

Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 2-bedroom in 01453 carries an estimated $1,850/mo in gross rent — about a 2.45% cap rate and $7,705/yr in estimated NOI at the $314,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

2

Baths

1.5

SqFt

1,058

Style

Condominium

Built

1985

Buyer’s financing fell through. Welcome to your next opportunity! This five-room, two-bedroom, 1.5-bath end-unit townhouse condominium offers the perfect blend of potential and prime positioning. Centrally located with effortless access to major highways and shopping centers. It features a kitchen equipped with a stove, refrigerator, and dishwasher, the inviting living room boasts a cozy fireplace and a sliding door opening to a private deck, while the partially finished basement includes a built-in bar and direct exterior access via a second sliding door. Though the home needs some TLC—specifically fresh paint and new flooring—it has incredibly solid bones, making it a fantastic canvas for your personal style or a savvy investment. Don’t miss out on building instant equity in an unbeatable location!

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Property Details

Financials

Original Price$314,900
Annual Taxes$3,935
HOA Fee$436

Parking

Garage0
Off-Street2

Interior Specifications

Total Rooms4
Fireplaces1
FlooringVinyl, Carpet
BasementY

Climate & Utilities

HeatingBaseboard, Oil
CoolingNone
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
Foundation--
ZoningRA

Property & Lot

Acres--
SqFt Lot--
Lot Features--

Amenities & Appliances

Range • Dishwasher • Refrigerator

Neighborhood

Shopping • Pool • Tennis Court(s) • Park • Golf • Medical Facility

Geography

Floorplan Breakdown

Structural Layout

Second
Primary BedroomBedroom 2Bathroom 2
First
Living RoomDining RoomKitchenBathroom 1
Basement
Family Room
Living Room
Lvl First

16 x 12

Flooring - Wall to Wall Carpet

Dining Room
Lvl First

11 x 10

Flooring - Wall to Wall Carpet

Kitchen
Lvl First

9 x 7

Flooring - Vinyl

Family Room
Lvl Basement

16 x 14

Flooring - Wall to Wall Carpet

Primary Bedroom
Lvl Second

16 x 12

Flooring - Wall to Wall Carpet

Bedroom 2
Lvl Second

16 x 12

Bathroom 1
Lvl First

Bathroom - Half, Flooring - Vinyl

Bathroom 2
Lvl Second

Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Vinyl

Listing Provided By

Listing Agent: Scott Simpson

Listing Office: Century 21 North East

MLS® Number: 73547180