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USAMALeominster429 Mechanic St
429 Mechanic St, Home with 8 bedrooms, 4 bathrooms and 10 parking in Leominster MA | Image 1
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$765,000

429 Mechanic St, Leominster, MA

Real Estate

For Sale

$--,---,---
8410
Open House
Sat. Jun 21, 3:00-5:00 pm UTC
  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 4096 sqft
Garage No
Taxes $8,501
Days Active 0
Lot Size 
Approx. Age 1955
Avg. Price Per Sqft $186
MLS® Number 73392241

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Prime investment opportunity in the heart of Leominster! This well-maintained four-unit multi-family property is a powerful addition to any real estate portfolio. Each of the four units offers a spacious and flexible layout, featuring two generous bedrooms, one full bath, and a large eat-in kitchen. A significant bonus is the expansive living area, which can easily serve as a third bedroom if desired, maximizing rental potential. Adding to its appeal, there's a large lot behind the existing parking area, providing ample space for a potential second building, significantly increasing the property's future value and development possibilities. This is an ideal turnkey addition for a seasoned investor or a fantastic starting point for those new to real estate. One unit is vacant, making this a great opportunity for an FHA loan. Situated just moments from public transportation, downtown restaurants, parks, and other local amenities, don't miss your chance to acquire this fantastic asset!Show Description
MLS® Number73392241
Laundry Level
Central VacNo
FireplaceNo
Acreage0.57
Exterior
GarageNo
Approx. Age1955
BasementFull, Concrete, Unfinished
DrivewayPaved Drive, Off Street, Common, Guest, Paved
Garage Spaces
HeatBaseboard, Oil
A/CWindow Unit(s)
Heating Fuel

Extras

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