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Adam Dow

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

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54-56 Mechanic St , Leominster, MA 01453
$850,000
Est. Payment: $1,888.89/mo
5 Bed
6 Bath
3427 Sqft
Status: Active | Days on site: 16
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AN5614 - CN240157
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House Description

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!

Highlights

Listed by Olivia Grabka , 978-842-9485 Realty Negotiations, LLC , 978-406-5134.

Property Type

Multi-Family

Lot/Acreage
0.08

Year Built

1870

County

Worcester

Listing ID

73570474

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:5
  • Bathrooms:6
  • Full Bathrooms:5
  • 1/2 Bathrooms:1
Appliances:Range, Refrigerator
Other:
  • Additional:Living Room, Kitchen
Water:Public

Exterior Features

Garage Capacity:2
Zoning:I
Roof:Shingle
Sewer:Public Sewer
Parking Features:Shared Driveway,Parking Spaces: 2
Principal Interest
$1,889
Taxes
$504

Home Price

$850,000

Loan Details

30 yrs
%

Down Payment

20%
$170,000
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:
$1,888.89

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,888.89 $504.25 $0.00 $2,393.14
Yearly $22,666.67 $6,051.00 $0.00 $28,717.67
Total $680,000.00 $181,530.00 $0.00 $861,530.00

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.