
178 Walnut St Leominster — Photo 1 of 41
Recent Drop: $25,000
$395,000
Investment Analysis — 178 Walnut St
Leominster, MA 01453 — West Side
Based on HUD Small Area Fair Market Rent for Worcester, MA HUD Metro FMR Area, a 3-bedroom in 01453 carries an estimated $2,380/mo in gross rent — about a 4.15% cap rate and $16,406/yr in estimated NOI at the $395,000 list price. Adjust every assumption in the calculator below.
Beds
3
Baths
1.5
SqFt
1,534
Style
Single Family
Built
1910
*Seller is offering a 5k towards closing cost for the buyer* The moment you arrive, this home has a way of making you feel welcome. Maybe it's the inviting front porch where mornings begin with a cup of coffee and evenings end catching up with family and friends. Maybe it's the warmth of the freshly refinished hardwood floors, the timeless character of the original woodwork, or the natural flow from one room to the next. Whatever it is, this is a home that simply feels comfortable.Recently refreshed from top to bottom, you'll appreciate the freshly painted interior and exterior, beautifully refinished hardwood floors, repaired and freshly painted porches, and the care that's gone into preparing this home for its next chapter. The updates complement the home's original charm rather than replace it, preserving the character that makes older homes so special while giving you the confidence of a move-in-ready property.The main level offers generous living and dining spaces that flow naturally together, creating the perfect setting for everything from quiet nights at home to holiday dinners and weekend gatherings. The kitchen provides plenty of cabinet and counter space, making everyday cooking just as enjoyable as entertaining guests. Upstairs, the spacious bedrooms offer room to spread out, whether you're accommodating family, overnight visitors, or creating a dedicated home office.Outside, you'll find even more places to enjoy. The welcoming front porch invites you to slow down and connect with the neighborhood, while the rear porch offers a great spot for grilling, relaxing, or spending time with friends on warm New England evenings.Located on Leominster's desirable West Side, you'll enjoy convenient access to downtown, shopping, restaurants, schools, parks, and Route 2 while still being part of an established neighborhood known for its charm and sense of community.Some houses check the boxes. Others simply feel like home. If you've been searching for a place with warmth, character, thoughtful updates, and spaces where memories are waiting to be made, you'll want to experience this one for yourself.
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: 767 sq ft (the lesser of 900 sq ft or half the 1,534 sq ft principal dwelling). Lot size: 3,874 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.
Immersive Experience
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Gas Water Heater • Range • ENERGY STAR Qualified Refrigerator • Range Hood
Neighborhood
Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Walk/Jog Trails
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First17.4 x 9.8
Flooring - Hardwood
Dining Room
Lvl First14.2 x 12.1
Flooring - Hardwood
Kitchen
Lvl First10.8 x 14.2
Flooring - Stone/Ceramic Tile
Primary Bedroom
Lvl First11.4 x 9.8
Flooring - Laminate
Bedroom 2
Lvl Second12.9 x 14.2
Bedroom 3
Lvl Second18 x 12.7
Flooring - Hardwood
Bathroom 1
Lvl First3.1 x 5.3
Bathroom - Half
Bathroom 2
Lvl Second8.2 x 9.5
Bathroom - Full
Property History
$395,000
Was $399,000
Sep 10, 2026
MLS® 73559805
$399,000
Was $420,000
Aug 25, 2026
MLS® 73559805
$420,000
Aug 5, 2026
MLS® 73559805
Listing Agent: Ymanol Arriola
Listing Office: Keller Williams Realty North Central
MLS® Number: 73559805