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114 Mechanic St

Leominster, MA 01453

5 beds
4 baths
3,465 sqft
6,583 sqft lot
$194 per sqft
1900 build
– on site

**Attention Investors!** Cash-flowing, fully-occupied 3-family home with a bonus loft/in-law suite in a prime location! The property features two 1-bedroom units on the first floor, a spacious 3-bedroom unit on the second floor, and a loft-style in-law suite on the third floor. All units are currently rented with great tenants under lease agreements, ensuring immediate income. Tenants have access to a shared laundry area for added convenience. The property boasts a 2-car detached garage and ample additional parking. Located just minutes from downtown, shops, restaurants, and major highways, this property offers both convenience and appeal for tenants. Perfect for investors looking for a turn-key, cash-flowing opportunity with long-term upside! Don’t miss out!

Listing courtesy of MLSPIN / Luiz Fernando Coelho / 1 Worcester Homes

Last checked: Checking… • Last updated Nov 12, 2024 •

MLS# 73302487 —

The Building

Year Built:

1900
Year Built Details:

Actual
Year Built Source:

Public Records
Construction Materials:

Frame
Roof:

Shingle
Basement:

Full
Foundation Details:

Irregular
Stories Total:

4
# of Units Total:

4
Building Area Total:

3465
Building Area Units:

Square Feet
Building Area Source:

Public Records

Interior

Rooms Total:

14
Interior Features:

Laundry Room
Fireplace:

false

Room Dimensions

Living Area:

3465

Location

Directions:

USE GPS
Latitude:

42.524993
Longitude:

-71.754695

The Property

Parcel Number:

M:0041 B:0011 L:0000,1577774
Property Type:

Residential Income
Property Subtype:

3 Family
Lot Features:

Cleared
Lot Size Units:

Acres
Lot Size Area:

0.15
Lot Size SqFt:

6583
Lot Size Acres:

0.15
Zoning:

RA
Fencing:

Fenced/Enclosed
Water View:

No
Exclusions:

Tenants Personal Property.
Waterfront:

false
Farm Land Area Units:

Square Feet
Road Frontage Type:

Public

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Book Number:

10298
Tax Annual Amount:

7388
Tax Assessed Value:

509200

Beds

Bedrooms Total:

5

Baths

Total Baths:

4
Total Baths:

4
Full Baths:

4

The Listing

Home Warranty:

false

Heating & Cooling

Heating:

Electric
Heating:

true
Cooling:

None
Cooling:

false

Utilities

Sewer:

Public Sewer
Water Source:

Public

Appliances

Appliances:

Washer

The Community

Senior Community:

false
Community Features:

Public Transportation
Spa:

false

Parking

Garage:

true
Garage Spaces:

2
Parking Total:

7
Parking Features:

Paved Drive
Covered Spaces:

2
Open Parking:

true

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
11/8/24 Nov 8, 2024	Price Changed	MLSPIN	$675,000	-1.5%
10/15/24 Oct 15, 2024	Listed / Active	MLSPIN	$685,000	178.2% (21.3% / YR)
5/31/16 May 31, 2016		MLSPIN	$246,200

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This multifamily located in Downtown Leominster, Leominster, MA 01453 is currently for sale for $675,000. 114 Mechanic St is a 3,465 square foot multifamily with 5 beds and 4 baths that has been on Estately for 33 days. 114 Mechanic St is in the Downtown Leominster neighborhood of Leominster and has a WalkScore® of 82, making it very walkable.

Listing Courtesy of: MLSPIN and 1 Worcester Homes.

The property listing data and information 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 MLS Property Information Network, Inc. The property listing data and information 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., Estately and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Users may not reproduce or redistribute the data found on this site. The data is for viewing purposes only. All information provided is deemed reliable but is not guaranteed by Estately or MLSPIN and should be independently verified.