Sold
429 Mechanic St, Leominster, MA
Leominster · MA 01453
- $790,000
- Price
- 8
- Beds
- 4
- Baths
- 4096
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1955
Units:
4 Units
Lot size:
0.57 Acre Lot
Price per square foot:
$187 / Sq.Ft
Parking:
10 Off Street Spaces
About this home
Prime investment opportunity in the heart of Leominster! This well-maintained four-unit multi-family property is a powerful addition to any real estate portfolio. Each of the four units offers a spacious and flexible layout, featuring two generous bedrooms, one full bath, and a large eat-in kitchen. A significant bonus is the expansive living area, which can easily serve as a third bedroom if desired, maximizing rental potential. Adding to its appeal, there's a large lot behind the existing parking area, providing ample space for a potential second building, significantly increasing the property's future value and development possibilities. This is an ideal turnkey addition for a seasoned investor or a fantastic starting point for those new to real estate. One unit is vacant, making this a great opportunity for an FHA loan. Situated just moments from public transportation, downtown restaurants, parks, and other local amenities, don't miss your chance to acquire this fantastic asset!
Neighborhood & Transit
429 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:
- 505 days
- Listing Price:
- $765,000
- Price per Sq.Ft:
- $187
- Tax Assessment:
- $605,900 in 2024
- Taxes:
- $708 / Monthly
Home Facts
Interior Features
- Bedrooms
- 8
- Full Bathrooms
- 4
- Half Bathrooms
- 0
- Living Area
- 4,096 Sq.Ft
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 4096
- Flooring
- Unknown
- Lead paint
- Unknown
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- Circuit Breakers, Individually Metered
Exterior Features
- Lot Size
- 24,843 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- 10 Parking Spaces
Construction Details
- Construction Type
- Unknown
- Siding
- Vinyl
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- NoteWorthy Homes Team
- Listing office
- Coldwell Banker Realty
- MLS PIN #
- 73392241
- Disclosure
- All information provided is deemed reliable but is not guaranteed and should be independently verified. Buyer and buyer’s agent to perform their own due diligence.
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