223 Mechanic St, Leominster, MA 01453
223 Mechanic St, Leominster, MA 01453
223 Mechanic St, Leominster, MA 01453
39
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$800,000
Est. payment /mo
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7 Beds
5 Baths
4,278 SqFt
Open Mon 11:15AM-12:15PM

223 Mechanic St Leominster, MA 01453

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Van Phan

Van Phan

+1(857) 919-8110

Open House

Mon Aug 17, 11:15am - 12:15pm

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 5+ Family - 5+ Units Up/Down

Listing Status Active

Purchase Type For Sale

Square Footage 4,278 sqft

Price per Sqft $187

MLS Listing ID 73563586

Bedrooms 7

Full Baths 5

Year Built 1900

Annual Tax Amount $8,154

Tax Year 2026

Lot Size 4,791 Sqft

Acres 0.11

Property Sub-Type 5+ Family - 5+ Units Up/Down

Property Description

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

State MA

County Worcester

Zoning RC

Direction Corner of Mechanic & Fifth St,

Rooms

Basement Full, Dirt Floor

Interior

Interior Features Ceiling Fan(s), Living Room, Kitchen, Office/Den, Dining Room, Laundry Room

Heating Natural Gas, Individual, Unit Control, Wall Unit

Cooling None

Flooring Varies, Hardwood

Appliance Range, Refrigerator, Washer, Dryer

Exterior

Exterior Feature Balcony/Deck

Garage Spaces 1.0

Community Features Public Transportation, Shopping, Medical Facility, Highway Access, House of Worship, Public School, Sidewalks

Utilities Available for Gas Range, Varies per Unit

Roof Type Tar/Gravel

Total Parking Spaces 7

Garage Yes

Building

Lot Description Corner Lot, Cleared

Story 5

Foundation Stone

Sewer Public Sewer

Water Public

Others

Senior Community false

Acceptable Financing Lender Approval Required

Listing Terms Lender Approval Required

Listed by Real Estate Exchange
Schools and Properties Nearby

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Van Phan

Van Phan

Agent | License ID: 9568502

+1(857) 919-8110

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223 Mechanic St