For Sale
264 Mechanic St, Leominster, MA
Leominster · MA 01453
- $799,000
- Price
- 3
- Beds
- 3.5
- Baths
- 3480
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1989
Units:
4 Units
Lot size:
5,624 Sq.Ft Lot
Price per square foot:
$230 / Sq.Ft
Parking:
2 Garage Spaces · 6 Off Street Spaces
About this home
Great Investment Opportunity in a Highly Desirable and Convenient Location! This versatile mixed-use property offers excellent income potential, featuring a commercial storefront plus three 1-bedroom apartments, all updated with modern kitchens and bathrooms. Each unit provides two means of egress, adding functionality and flexibility. With tenants responsible for their own heat, hot water, and electricity, operating expenses are minimized, while the owner is responsible only for city water. An exceptional added value is the approximately 50' x 35' detached garage, zoned for both residential and commercial use, creating significant additional income and development potential. Ideal for vehicle or boat storage, contractor space, warehouse use, or other permitted commercial opportunities. With multiple income streams, strong rental potential, and endless possibilities for future use, this property presents a rare opportunity for investors seeking both immediate income and long-term upside.
Neighborhood & Transit
264 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:
- 76 days
- Listing Price:
- $799,000
- Price per Sq.Ft:
- $230
- Tax Assessment:
- $472,800 in 2026
- Taxes:
- $538 / Monthly
Home Facts
Interior Features
- Bedrooms
- 3
- Full Bathrooms
- 3
- Half Bathrooms
- 1
- Living Area
- 3,480 Sq.Ft
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 3480
- Flooring
- Unknown
- Lead paint
- Unknown
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- Unknown
Exterior Features
- Lot Size
- 5,624 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 2 Parking Spaces
- Off Street Parking
- 6 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
- Rodrigo Azevedo
- Listing office
- Pablo Maia Realty
- MLS PIN #
- 73566244
- Disclosure
- Garage is rented for $500.00 per month. Income and expenses statement upon request. Seller & seller's agent make no warranties or guarantees. Buyer/Agent to verify all information & perform their due diligence. Property sold AS IS. Seller never lived at the property.