264 Mechanic St, Leominster, MA 01453
Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
264 Mechanic St,Leominster, MA 01453
$799,000
- 3 Beds
- 4 Baths
- 3,480 sq. ft.
- Multi-family
- Active
Listed by: rodrigo azevedo
Office: pablo maia realty
MLS#:73566244
Source:MLSPIN
Price summary
- Price:$799,000
- Price per sq. ft.:$229.6
About this home
Great Investment Opportunity in a Highly Desirable and Convenient Location! This versatile mixed-use property offers excellent income potential, featuring a commercial storefront plus three 1-bedroom apartments, all updated with modern kitchens and bathrooms. Each unit provides two means of egress, adding functionality and flexibility. With tenants responsible for their own heat, hot water, and electricity, operating expenses are minimized, while the owner is responsible only for city water. An exceptional added value is the approximately 50' x 35' detached garage, zoned for both residential and commercial use, creating significant additional income and development potential. Ideal for vehicle or boat storage, contractor space, warehouse use, or other permitted commercial opportunities. With multiple income streams, strong rental potential, and endless possibilities for future use, this property presents a rare opportunity for investors seeking both immediate income and long-term upside....
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Home facts
- Year built:1989
- Listing ID #:73566244
- Updated:October 07, 2026 at 11:27 AM
Rooms and interior
- Bedrooms:3
- Total bathrooms:4
- Full bathrooms:3
- Half bathrooms:1
- Rooms Total:11
- Living area:3,480 sq. ft.
Structure and exterior
- Year built:1989
- Building area:3,480 sq. ft.
- Lot area:0.13 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$799,000
- Price per sq. ft.:$229.6
- Tax amount:$6,458 (2026)
Parking
- Total parking spaces:8
- Parking description:Paved Drive
- Garage:Yes
- Garage spaces:2
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