$850,000
 $4,563 est/mo Sourced by Back At You

54-56 Mechanic St,Leominster, MA 01453

Leominster, MA 01453

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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!

Details

MLS #73570474
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1870
Days On Site33
Listing Provided ByRealty Negotiations, LLC | Olivia Grabka

Features

Bed(s)5
Bath(s) 6 Total
SQ Feet3,427
Garage2
BasementY
Story(s)5
Units6
ZoningI
Acreage0.08

Interior

Rooms Total19
Interior FeaturesLiving Room, Kitchen
AppliancesRange, Refrigerator
Fireplaces Total0
Fireplace Yes / NoNo

Exterior

RoofShingle
Construction MaterialsStone
Foundation DetailsStone

Parking

Garage Yes / NoYes
Parking FeaturesShared Driveway
Open Parking Yes / NoYes

Utilities

SewerPublic Sewer

Taxes

Tax Annual Amount6051
Tax Assessed Value442960
Tax Year2026

Location

Community FeaturesPublic Transportation, Shopping, Walk/Jog Trails, Highway Access, Public School
Senior Community Yes / NoNo

Area Information

StateMA
CountyWorcester
CityLeominster
Zip Code01453
AreaWorcester
Listing VS Median (in 01453)
Price:
$850,000
low | high
Med:
$489,800
92.376470588235% of Average
sqft:
3,427
low | high
Med:
1,144
100% of Average
$ / sqft:
$248
low | high
Med:
$428
22.618737145208% of Average
On site:
33
low | high
Med:
39
84.615384615385% of Average
Sourced by Back At You

Market Activity 01453

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Learn More About This Property

StateMA
CountyWorcester
CityLeominster
Zip Code01453
AreaWorcester
Listing VS Median (in 01453)
Price:
$850,000
low | high
Med:
$489,800
92.376470588235% of Average
sqft:
3,427
low | high
Med:
1,144
100% of Average
$ / sqft:
$248
low | high
Med:
$428
22.618737145208% of Average
On site:
33
low | high
Med:
39
84.615384615385% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $637K - $1.62M
sqft: 2,500 - 4,000
Listing Updated: September 29, 2026 at 7:21:43 AM PDT