$800,000
Active223 Mechanic St
Leominster, MA, 01453
Multi-Family · MLS #73563586
Price/sqft
$187
Days on market
8 days
Year built
1900
Lot size
0.11 ac
4,278 sq ft
Sq Ft
0.11 acres
Lot
1900
Year Built
1 car
Garage
Taxes: $8,154 (2026)
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.
Location
223 Mechanic St, Leominster, MA, 01453
Property details
- Road type
- Public, Paved, Publicly Maint., Sidewalk
- Basement
- Full, Dirt Floor
- Electric
- Varies per Unit
Listed by Paula Valente · Real Estate Exchange
Schedule a showing
223 Mechanic St
Estimated payment
$5,126 / month
Loan term
- Principal & interest
- $4,113
- Property tax
- $680
- Home insurance
- $333
Estimate only. Actual payment may vary based on credit, taxes, HOA, and insurance. Tax estimate uses listed taxes.
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