For Sale

54-56 Mechanic St, Leominster, MA

Leominster · MA 01453

$850,000
Price
5
Beds
5.5
Baths
3427
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1870
Units: 6 Units
Lot size: 3,529 Sq.Ft Lot
Price per square foot: $248 / Sq.Ft
Parking: 2 Garage Spaces

About this home

Outstanding investment opportunity — a six-unit mixed-use building in the heart of Leominster! Five residential units are fully occupied with long-term tenants, plus a commercial space offering flexible income potential. Built in 1870, the property spans 3,290 sq ft across three floors with numerous recent updates. Unbeatable location just steps from Monument Square, minutes to the Mall at Whitney Field, Market Basket, and major highways, with easy access to the MBTA Commuter Rail into Boston. A strong cash-flowing asset with real upside — don't miss this one!

Neighborhood & Transit

54-56 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:
63 days
Listing Price:
$850,000
Price per Sq.Ft:
$248
Tax Assessment:
$442,960 in 2026
Taxes:
$504 / Monthly

Home Facts

Interior Features

Bedrooms
5
Full Bathrooms
5
Half Bathrooms
1
Living Area
3,427 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
3427
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
3,529 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
2 Parking Spaces
Off Street Parking
None

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
Olivia Grabka
Listing office
Realty Negotiations, LLC
MLS PIN #
73570474