223 Mechanic StreetLeominster, MA 01453MLS Number 73563586

  • Price: $800,000
  • Est. Mortgage of $/month
  • 2 Days on Market
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Federal 30-year interest rate: 6.67% last updated on Aug 13, 2026
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223 Mechanic Street Leominster MA 01453223 Mechanic Street Leominster MA 01453223 Mechanic Street Leominster MA 01453223 Mechanic Street Leominster MA 01453223 Mechanic Street Leominster MA 01453223 Mechanic Street Leominster MA 01453223 Mechanic Street Leominster MA 01453223 Mechanic Street Leominster MA 01453223 Mechanic Street Leominster MA 01453223 Mechanic Street Leominster MA 01453223 Mechanic Street Leominster MA 01453223 Mechanic Street Leominster MA 01453223 Mechanic Street Leominster MA 01453223 Mechanic Street Leominster MA 01453223 Mechanic Street Leominster MA 01453223 Mechanic Street Leominster MA 01453223 Mechanic Street Leominster MA 01453223 Mechanic Street Leominster MA 01453223 Mechanic Street Leominster MA 01453223 Mechanic Street Leominster MA 01453223 Mechanic Street Leominster MA 01453223 Mechanic Street Leominster MA 01453223 Mechanic Street Leominster MA 01453223 Mechanic Street Leominster MA 01453223 Mechanic Street Leominster MA 01453223 Mechanic Street Leominster MA 01453223 Mechanic Street Leominster MA 01453223 Mechanic Street Leominster MA 01453223 Mechanic Street Leominster MA 01453223 Mechanic Street Leominster MA 01453223 Mechanic Street Leominster MA 01453223 Mechanic Street Leominster MA 01453223 Mechanic Street Leominster MA 01453223 Mechanic Street Leominster MA 01453223 Mechanic Street Leominster MA 01453223 Mechanic Street Leominster MA 01453223 Mechanic Street Leominster MA 01453223 Mechanic Street Leominster MA 01453223 Mechanic Street Leominster MA 01453
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  • 7Bedrooms
  • 0.11Acreage
  • 5Bathrooms
  • 1900Year Built

Driving Directions

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.
Listed by Paula Valente of Real Estate Exchange

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More Info

Basic Information

  • Gross Income $91,872
  • Listing Terms Lender Approval Required
  • Lot Features Corner Lot, Cleared
  • Mls StatusNew
  • Parcel Number 1577911
  • Rent Includes Unit 1(None), Unit 2(None), Unit 3(None), Unit 4(None)
  • Road Frontage DescriptionPaved

Building

  • BasementFull, Dirt Floor
  • Building Area Units Square Feet
  • Construction Materials Frame
  • FoundationStone
  • Garage Spaces1
  • Levels 5
  • Patio And Porch Features Porch
  • Rooms19
  • Stories5
  • Units5
  • Utilities For Gas Range, Varies Per Unit
  • Window Features Picture Window, Skylight(s)
  • Year Built1900
  • Year Built Details Approximate
  • Year Built Source Public Records

Legal

  • ZoningRC

Tax Information

  • Tax Assessed Value $596,900
  • Tax Year 2026
  • Taxes$8,154

Rooms

  • Bathroom5
  • Bathrooms Total Decimal 5
  • Bedrooms7
  • Full Bath5

Location

  • Address223 Mechanic Street
  • Building Number223
  • CountyWorcester
  • StateMA
  • StreetMechanic Street
  • TownLeominster
  • Zip01453

Exterior

  • Exterior Features Balcony/Deck
  • RoofTar/Gravel

Property Information

  • Building Area Source Public Records
  • Living Area 4,278
  • Lot Size Square Feet 4,950
  • Lot Size Units Acres
  • Road Responsibility Public Maintained Road
  • Square Feet4,278

Other

  • Date Listed08/13/2026
  • Farm Land Area Units Square Feet

Parking

  • Covered Spaces 1
  • Garage YN Yes
  • Open Parking YN Yes
  • Parking Features Paved Drive, Off Street
  • Parking Spaces6

Basic Information

  • List Price$800,000
  • MLS Number73563586
  • Modification Date08/13/2026
  • Property SubType5+ Family - 5+ Units Up/Down

Property

  • Acreage0.11

Interior

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

Utilities

  • Electric Varies per Unit
  • Heat SystemYes
  • Heating Natural Gas, Individual, Unit Control, Wall Unit
  • Sewer Public Sewer
  • Water Source Public

Amenities

  • Amenities
    • Highway Access
    • House of Worship
    • Medical Facility
    • Public School
    • Public Transportation
    • Shopping
    • Sidewalks
  • Appliances IncludedRange, Refrigerator, Washer, Dryer
  • Other AmenitiesBasement

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617-293-8070
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. 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. MLSPIN 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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