For Sale · Multi-Family
223 Mechanic St
Leominster, MA 01453
$800,000
$187 per sq ft
- 7
- beds
- 5
- baths
- 4,278
- sq ft
Est. payment: $4,875/mo Estimated. Taxes and insurance included.
- Lot (sq ft)
- 4,950
- Year Built
- 1900
- Type
- Multi-Family
- Status
- For Sale
- Property taxes (2026)
- $8,154
- Assessed value
- $596,900
- Days on Market
- 18
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.
Facts & features
Interior
- Total rooms
- 19
- Appliances
- Range, Refrigerator, Washer, Dryer
- Flooring
- Varies, Hardwood
- Basement
- Full, Dirt Floor
- Interior features
- Ceiling Fan(s), Living Room, Kitchen, Office/Den, Dining Room, Laundry Room
Systems & utilities
- Heating
- Natural Gas, Individual, Unit Control, Wall Unit
- Cooling
- None
- Water
- Public
- Sewer
- Public Sewer
- Electric
- Varies per Unit
- Utilities
- for Gas Range, Varies per Unit
Exterior & parking
- Parking
- Paved Drive, Off Street
- Garage spaces
- 1
- Total parking
- 6
- Exterior features
- Balcony/Deck
- Patio & porch
- Porch
Construction
- Construction materials
- Frame
- Foundation
- Stone
- Roof
- Tar/Gravel
- Year built
- 1900
Flood risk
Location
Courtesy of Real Estate Exchange
MLS #: 73563586 · Updated: August 17, 2026
Listing data is provided in part by MLS PIN and PrimeMLS/NEREN and is for consumers' personal, non-commercial use. Information is deemed reliable but not guaranteed.
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