429 Mechanic St Open House Save Request In-Person Tour Request Virtual Tour
Leominster,MA 01453
OPEN HOUSE
Sat Jun 21, 11:00am - 1:00pm
Key Details
Property Type Multi-Family
Sub Type 4 Family - 4 Units Side by Side
Listing Status Active
Purchase Type For Sale
Square Footage 4,096 sqft
Price per Sqft $186
MLS Listing ID 73392241
Bedrooms 8
Full Baths 4
Year Built 1955
Annual Tax Amount $8,500
Tax Year 2024
Lot Size 0.570 Acres
Acres 0.57
Property Sub-Type 4 Family - 4 Units Side by Side
Property 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!
Location
State MA
County Worcester
Zoning RB
Direction Main St to Mechanic St.
Rooms
Basement Full,Concrete,Unfinished
Interior
Interior Features Ceiling Fan(s),Bathroom With Tub & Shower,Internet Available - Unknown,Living Room,Kitchen
Heating Baseboard,Oil
Cooling Window Unit(s)
Flooring Carpet,Laminate
Appliance Range,Dishwasher,Refrigerator,Microwave
Exterior
Community Features Public Transportation,Shopping,Walk/Jog Trails,Medical Facility
Utilities Available for Electric Range
View Y/N Yes
View City View(s)
Roof Type Shingle
Total Parking Spaces 10
Garage No
Building
Lot Description Gentle Sloping
Story 4
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Schools
Elementary Schools Fall Brook
Middle Schools Sky View Middle
High Schools Leominster High
Others
Senior Community false