$800,000
223 Mechanic St
Leominster, MA, 01453
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.
Property Details
Price:
$800,000
MLS #:
73563586
Status:
Active
Beds:
7
Baths:
5
Type:
Multi Family
Subtype:
5+ Family – 5+ Units Up/Down
Listed Date:
Jul 30, 2026
Finished Sq Ft:
4,278
Total Sq Ft:
4,278
Lot Size:
4,950 sqft / 0.11 acres (approx)
Year Built:
1900
Units:
5
Schools
Interior
Above Grade Finished Area
4278
Appliances
Range, Refrigerator, Washer, Dryer
Bathrooms
5 Full Bathrooms
Cooling
None
Flooring
Varies, Hardwood
Heating
Natural Gas, Individual, Unit Control, Wall Unit
Interior Features
Ceiling Fan(s), Living Room, Kitchen, Office/Den, Dining Room, Laundry Room
Levels
5
Exterior
Community Features
Public Transportation, Shopping, Medical Facility, Highway Access, House of Worship, Public School, Sidewalks
Construction Materials
Frame
Covered Spaces
1
Exterior Features
Balcony/Deck
Garage Spaces
1
Lot Features
Corner Lot, Cleared
Open Parking Spaces
5
Open Parking YN
1
Parking Features
Paved Drive, Off Street
Parking Spots
6
Parking Total
6
Patio And Porch Features
Porch
Roof
Tar/Gravel
Stories
5
Window Features
Picture Window, Skylight(s)
Financial
Tax Year
2026
Taxes
$8,154
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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Map
Current real estate data for Multi Family in Leominster as of Aug 31, 2026
39
Multi Family Listed
54
Avg DOM
220
Avg $ / SqFt
$710,287
Avg List Price
Community
- Address223 Mechanic St Leominster MA
- CityLeominster
- CountyWorcester
- Zip Code01453
Subdivisions in Leominster
Similar Listings Nearby
Property Summary
- 223 Mechanic St Leominster MA is a Multi Family for sale in Leominster, MA, 01453. It is listed for $800,000 To schedule a showing of MLS#73563586 at 223 Mechanic St in Leominster, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
Courtesy of Real Estate Exchange. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. 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. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
223 Mechanic St
Leominster, MA