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Street View
$800,000
Monthly Est:$3,982
7 Beds
5 Baths5 full baths
4,278sqft
223 Mechanic St, Leominster, MA 01453
$800,000
$3,982/moEst:
Get Pre-Approved
Multi Family
Built in 1900
$-- HOA
0.11 acre lot
$187/sq.ft
Description
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.
- Houzeo last checked: 10 minutes ago
- Listing updated: September 30, 2026 at 7:51 pm
- Listing Provided by: Paula Valente (508) 846-5584 | Real Estate Exchange (978) 582-4339
- Source: MLS Property Information Network-MA | MLS#: 73563586
Part of
Property Details
Status
Pending
Type
Multi Family
No. of Stories
5
County
City
Neighborhood
--
Year Built
1900
HOA Fees
-
Finished Area
4,278 sqft
Lot Size
0.11 acre lot
Basement Area
- sqft
MLS Name
MLS Property Information Network
MLS Number
73563586
MLS Status
Under Agreement
Days on Market
57
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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 7
Bathrooms: 5
Interior
Sewer
Public Sewer
Interior Features
Ceiling Fan(s), Living Room, Kitchen, Office/den, Dining Room, Laundry Room
Window Features
Picture Window, Skylight(s)
Cooling
None
Flooring
Varies, Hardwood
Heating
Natural Gas, Individual, Unit Control, Wall Unit
Exterior Features
Balcony/deck
Appliances
Range, Refrigerator, Washer, Dryer
Construction
Year Built
Year Built: 1900
Home type
Multi Family
Roof
Tar/gravel
Foundation Details
Stone
Construction Materials
Frame
Utilities & Energy
Water Source
Public
Basement
Full, Dirt Floor
Utilities
For Gas Range, Varies Per Unit
Electric
Varies Per Unit
Parking Features
Paved Drive, Off Street
Other Features
Lot Features
Corner Lot, Cleared
Patio And Porch Features
Porch
Community Features
Public Transportation, Shopping, Medical Facility, Highway Access, House Of Worship, Public School, Sidewalks
Price History
| Date | Event | Price |
|---|---|---|
09/09/2026 Source: | Pending | $800,000 $187/sqft |
08/13/2026 Source: | Listed for Sale | $800,000 $187/sqft |
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Based on information provided to and compiled by MLS Property Information Network, Inc. covering through Oct 10, 2026, 03:45PM. The property listing data and information, or the Images, 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, 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. 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, or as to the accuracy of any of the Images, set forth herein. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified. © 2026 MLS Property Information Network, Inc. All Rights Reserved.
Advertising Broker: Derek Greene | The Greene Realty Group