Sold
223 Mechanic St, Leominster, MA
Leominster · MA 01453
- $753,500
- Price
- 7
- Beds
- 5
- Baths
- 4278
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1900
Units:
5 Units
Lot size:
4,950 Sq.Ft Lot
Price per square foot:
$187 / Sq.Ft
Parking:
1 Garage Space · 5 Off Street Spaces
About this home
Exceptional Investment Opportunity! Well-maintained 5-unit income-producing property generating $7,656 per month in rental income. This attractive building is in great condition and offers investors immediate cash flow with strong rental potential. Situated on a corner lot in a convenient location just minutes from downtown, the property provides easy access to major highways and is located on a bus route. Tenants will appreciate the proximity to shopping, restaurants, churches, and the Mall at Whitney Field, making this a highly desirable rental location. Whether you're adding to an existing portfolio or purchasing your first multi-family investment, this property offers the combination of location, condition, and steady income that investors are looking for. Group showings Monday 8/17 from 11:15 to 12:15. Buyer agent must accompany buyer.
Neighborhood & Transit
223 Mechanic St, Leominster · MA 01453
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
No subway or commuter rail stations within 0.5 mile.
Price Insight
- Days on Market:
- 83 days
- Listing Price:
- $800,000
- Price per Sq.Ft:
- $187
- Tax Assessment:
- $596,900 in 2026
- Taxes:
- $680 / Monthly
Home Facts
Interior Features
- Bedrooms
- 7
- Full Bathrooms
- 5
- Half Bathrooms
- 0
- Living Area
- 4,278 Sq.Ft
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 4278
- Flooring
- Unknown
- Lead paint
- Unknown
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- Varies per Unit
Exterior Features
- Lot Size
- 4,950 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 1 Parking Space
- Off Street Parking
- 5 Parking Spaces
Construction Details
- Construction Type
- Unknown
- Siding
- Unknown
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- Paula Valente
- Listing office
- Real Estate Exchange
- MLS PIN #
- 73563586
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