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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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223 Mechanic St , Leominster, MA 01453
$800,000
Est. Payment: $1,777.78/mo
7 Bed
5 Bath
4278 Sqft
Status: Under Agreement | Days on site: 27
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H22100 - CN233238
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from , its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House 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.
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Highlights

Listed by Paula Valente , 508-846-5584 Real Estate Exchange , 978-582-4339.

Property Type

Multi-Family
Lot/Acreage
0.11

Year Built

1900

County

Worcester

Listing ID

73563586

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:7
  • ▪ Bathrooms:5
  • ▪ Full Bathrooms:5
Appliances:Range, Refrigerator, Washer, Dryer
Floor:Varies,Hardwood
Other:
  • ▪ Additional:Ceiling Fan(s), Living Room, Kitchen, Office/Den, Dining Room, Laundry Room
Water:Public

Exterior Features

Lot:Corner Lot,Cleared
Garage Capacity:6
Zoning:RC
Roof:Tar/Gravel
Others:
  • ▪ Additional:Balcony/Deck
Sewer:Public Sewer
Parking Features:Paved Drive,Off Street,Parking Spaces: 6
Principal Interest
$1,778
Taxes
$680

Home Price

$800,000

Loan Details

30 yrs
%

Down Payment

20%
$160,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,777.78

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,777.78 $679.50 $0.00 $2,457.28
Yearly $21,333.33 $8,154.00 $0.00 $29,487.33
Total $640,000.00 $244,620.00 $0.00 $884,620.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Leominster, MA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.