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54 Mechanic St

Leominster MA 01453

5
6
2
3427 sq. ft.
3529 sq. ft.
Other
Currently for sale - view listing

Overview

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!

Features

5 bedrooms
6 bathrooms
2 carspaces
2 garage spaces
3427 sq. ft. floor area
3529 sq. ft. lot size
Other

Property history for 54 Mechanic St

2016
Sold
$250,000
29 Sep 2016 by Mary Foley, of Mary Foley Real Estate

Happy sellers in Leominster

90%
90% of sellers in Leominster reported that their sale price either exceeded or met their price expectations.

Leominster stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 6 reviews in Leominster over the last 12 months.

Local market activity for 5 bedroom other properties in Leominster

In the last 12 months, 9 five-bedroom other properties similar to 54 Mechanic St, have been sold.

This represents a 20% increase in five-bedroom other properties sales when compared to the previous 12 months.

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