191 Pleasant St Leominster — Photo 1 of 24
$449,900
Investment Analysis — 191 Pleasant St
Leominster, MA 01453
Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 4-bedroom in 01453 carries an estimated $2,790/mo in gross rent — about a 4.42% cap rate and $19,887/yr in estimated NOI at the $449,900 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
1.5
SqFt
1,668
Style
Single Family
Built
1850
Some houses get maintained. This one got looked after. An 1850 antique Colonial pairing character you can't build anymore, hardwood floors, sun-filled rooms, and a charming corner built-in, with updates you can actually document: permitted roof (2020), oil tank (2023), water heater (2024), entry doors (2019), and an appliance suite from 2019-2024. The white kitchen features refaced cabinetry (2020), a dining nook with pendant lighting, and a wall of pantry storage, with a first-floor half bath and laundry steps away. Four bedrooms, including a spacious first-floor bedroom with closet, a full bath upstairs, a bonus family room, and an unfinished attic for storage or future potential. Outside: a 0.38-acre in-town lot with irrigation, a newer driveway (2023), and a two-car detached garage renewed top to bottom, roof, walls, and windows (2015), door (2016), and finished floor (2024), ready for vehicles, workshop, or hobby space. City water and sewer. A well-cared-for antique, ready for its next chapter.
ADU Potential
Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 834 sq ft (the lesser of 900 sq ft or half the 1,668 sq ft principal dwelling). Lot size: 16,596 sq ft.
Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.
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.
Open Houses
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Electric Water Heater • Water Heater • Range • Dishwasher • Refrigerator • Washer • Dryer • Range Hood • Plumbed For Ice Maker
Neighborhood
Public Transportation • Shopping • Medical Facility • Highway Access • House of Worship • Public School
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl Main,First14 x 12
Ceiling Fan(s), Flooring - Hardwood
Kitchen
Lvl Main,First20 x 15
Flooring - Laminate, Dining Area, Pantry, Cabinets - Upgraded
Family Room
Lvl Main,First17 x 9
Ceiling Fan(s), Flooring - Wall to Wall Carpet
Primary Bedroom
Lvl Second15 x 14
Ceiling Fan(s), Closet, Flooring - Hardwood
Bedroom 2
Lvl Second14 x 12
Bedroom 3
Lvl Second11 x 7
Closet, Flooring - Hardwood
Bedroom 4
Lvl First15 x 14
Ceiling Fan(s), Closet, Flooring - Hardwood
Bathroom 1
Lvl SecondBathroom - Full, Bathroom - With Tub & Shower, Pedestal Sink
Bathroom 2
Lvl FirstBathroom - Half
Listing Agent: Paul Neavyn
Listing Office: Mathieu Newton Sotheby's International Realty
MLS® Number: 73578876
