$850,000
54-56 Mechanic St
Leominster, MA, 01453
Outstanding investment opportunity — a six-unit mixed-use building in the heart of Leominster! Five residential units are fully occupied with long-term tenants, plus a commercial space offering flexible income potential. Built in 1870, the property spans 3,290 sq ft across three floors with numerous recent updates. Unbeatable location just steps from Monument Square, minutes to the Mall at Whitney Field, Market Basket, and major highways, with easy access to the MBTA Commuter Rail into Boston. A strong cash-flowing asset with real upside — don’t miss this one!
Property Details
Price:
$850,000
MLS #:
73570474
Status:
Active
Beds:
5
Baths:
5.5
Type:
Multi Family
Subtype:
5-9 Family
Listed Date:
Sep 1, 2026
Finished Sq Ft:
3,427
Total Sq Ft:
3,427
Lot Size:
3,529 sqft / 0.08 acres (approx)
Year Built:
1870
Units:
6
Schools
Interior
Above Grade Finished Area
3427
Appliances
Range, Refrigerator
Bathrooms
5 Full Bathrooms, 1 Half Bathroom
Interior Features
Living Room, Kitchen
Levels
5
Exterior
Community Features
Public Transportation, Shopping, Walk/Jog Trails, Highway Access, Public School
Construction Materials
Stone
Covered Spaces
2
Garage Spaces
2
Open Parking YN
1
Parking Features
Shared Driveway
Parking Spots
2
Parking Total
2
Roof
Shingle
Stories
5
Financial
Tax Year
2026
Taxes
$6,051
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 Sep 21, 2026
38
Multi Family Listed
69
Avg DOM
222
Avg $ / SqFt
$722,029
Avg List Price
Community
- Address54-56 Mechanic St Leominster MA
- CityLeominster
- CountyWorcester
- Zip Code01453
Subdivisions in Leominster
Similar Listings Nearby
Property Summary
- 54-56 Mechanic St Leominster MA is a Multi Family for sale in Leominster, MA, 01453. It is listed for $850,000 To schedule a showing of MLS#73570474 at 54-56 Mechanic St in Leominster, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
Courtesy of Realty Negotiations, LLC. 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.
54-56 Mechanic St
Leominster, MA