223 Mechanic St Leominster, MA $ 800,000
223 Mechanic St
$ 800,000
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223 Mechanic St

Leominster, MA, 01453
$ 800,000
Bedrooms7 Baths5.0 Sq 4,278

Monthly Estimate*

$ 5,051

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Multi-Family Home for sale in Leominster, MA

for $800,000 with 7 bedrooms and 5 full baths. This 4,278 square foot home was built in 1900 on a lot size of 0.11.

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.

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Multi-Family Active

Price

$ 800,000

Bedrooms

7

Full Bath

5

Property Type

Multi-Family

Taxes

$ 8,154

Style

5+ Family - 5+ Units Up/Down

Lot Size

0.11

Year Built

1900

Town/City

Leominster

County/Region

Worcester

MLS | Web ID

73563586

List By
Paula Valente

Listing Agent

Real Estate Exchange

Broker

Affordability Calculator

$5,731
Per Month
88%
12%
0%
Monthly Principal & Interest
$5,051
Monthly Property Taxes
$680
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Pricing History
DatePricePrice ChangeDescription
8/14/2026$800,000 Listed Price

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223 Mechanic St, Leominster, MA, 01453 is a Multi-Family Home for sale at $800,000 with 4,278 sqft and a lot size of 0.11. 223 Mechanic St has 7 bedrooms, 5.0 baths, and was built in 1900. The property's zip code is 01453 which is in Leominster, MA