223 Mechanic St, Leominster, MA 01453

Leominster
Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
223 Mechanic St,Leominster, MA 01453
$800,000
  • 7 Beds
  • 5 Baths
  • 4,278 sq. ft.
  • Multi-family
  • Active
Listed by: paula valente
Office: real estate exchange
MLS#:73563586
Source:MLSPIN

Price summary

  • Price:$800,000
  • Price per sq. ft.:$187

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.

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Home facts

  • Year built:1900
  • Listing ID #:73563586
  • Updated:August 14, 2026 at 11:19 AM

Rooms and interior

  • Bedrooms:7
  • Total bathrooms:5
  • Full bathrooms:5
  • Rooms Total:19
  • Flooring:Hardwood
  • Dining Description:Dining Room
  • Kitchen Description:Kitchen, Range, Refrigerator
  • Basement Description:Dirt Floor, Full
  • Living area:4,278 sq. ft.

Heating and cooling

  • Heating:Individual, Natural Gas, Unit Control, Wall Unit

Structure and exterior

  • Roof:Tar/Gravel
  • Year built:1900
  • Building area:4,278 sq. ft.
  • Lot area:0.11 Acres
  • Lot Features:Cleared, Corner Lot
  • Construction Materials:Frame
  • Exterior Features:Balcony/Deck, Porch
  • Foundation Description:Stone

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$800,000
  • Price per sq. ft.:$187
  • Tax amount:$8,154 (2026)

Features and amenities

  • Appliances:Dryer, Range, Refrigerator, Washer
  • Laundry features:Dryer, Washer
  • Amenities:Ceiling Fan(s)

Parking

  • Total parking spaces:6
  • Parking description:Off Street, Paved Drive
  • Garage:Yes
  • Garage spaces:1
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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