114 Mechanic St Leominster MA 01453 MLS #73302487

114 Mechanic St
Leominster, MA, 01453
$675,000
5 Beds
4 Baths
3,465 SqFt
0.15 Acres
$675,000
114 Mechanic St
Leominster, MA, 01453
**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! GROUP SHOWINGS THIS THURSDAY 11/21 FROM 4-5:30PM BY APPOINTMENT.

Property Details

Price:
$675,000
MLS #:
73302487
Status:
Active
Beds:
5
Baths:
4
Address:
114 Mechanic St
Type:
Multi Family
Subtype:
3 Family
City:
Leominster
Listed Date:
Oct 15, 2024
State:
MA
Finished Sq Ft:
3,465
Total Sq Ft:
3,465
ZIP:
01453
Lot Size:
6,583 sqft / 0.15 acres (approx)
Year Built:
1900
Units:
4

Schools

Interior

Appliances
Washer, Dryer, Range, Refrigerator
Bathrooms
4 Full Bathrooms
Cooling
None
Heating
Electric, Natural Gas

Exterior

Community Features
Public Transportation, Shopping, Medical Facility, Laundromat, Highway Access, House of Worship, Public School
Construction Materials
Frame
Parking Features
Paved Drive, Off Street
Parking Spots
7
Roof
Shingle

Financial

Net Operating Income
$74,160
Tax Year
2024
Taxes
$7,388
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Marie Andrews

Marie Andrews

Realtor®, Broker/Owner, GBREB, Notary Public

Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…

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114 Mechanic St
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