264 Mechanic St, Leominster, MA 01453
264 Mechanic St, Leominster, MA 01453
264 Mechanic St, Leominster, MA 01453
264 Mechanic St, Leominster, MA 01453
264 Mechanic St, Leominster, MA 01453
264 Mechanic St, Leominster, MA 01453
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$ 799,000
Est. payment | /mo

3 Beds

3.5 Baths

3,480 SqFt


Save
$ 799,000
Est. payment | /mo
Save

3 Beds

3.5 Baths

3,480 SqFt

Key Details

Property Type Multi-Family

Sub Type 4 Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,480 sqft

Price per Sqft $229

MLS Listing ID 73566244

Bedrooms 3

Full Baths 3

Half Baths 1

Year Built 1989

Annual Tax Amount $6,458

Tax Year 2026

Lot Size 5,662 Sqft

Acres 0.13

Property Sub-Type 4 Family

Property Description

Great Investment Opportunity in a Highly Desirable and Convenient Location! This versatile mixed-use property offers excellent income potential, featuring a commercial storefront plus three 1-bedroom apartments, all updated with modern kitchens and bathrooms. Each unit provides two means of egress, adding functionality and flexibility. With tenants responsible for their own heat, hot water, and electricity, operating expenses are minimized, while the owner is responsible only for city water. An exceptional added value is the approximately 50' x 35' detached garage, zoned for both residential and commercial use, creating significant additional income and development potential. Ideal for vehicle or boat storage, contractor space, warehouse use, or other permitted commercial opportunities. With multiple income streams, strong rental potential, and endless possibilities for future use, this property presents a rare opportunity for investors seeking both immediate income and long-term upside.

Location

State MA

County Worcester

Zoning RB

Direction On a main street connecting Downtown to Route 2/Route I90 and near Mall and Home Depot.

Exterior

Garage Spaces 2.0

Total Parking Spaces 10

Garage Yes

Building

Story 4

Foundation Other

Sewer Public Sewer

Water Public

Others

Senior Community false

Listed by Pablo Maia Realty

NEARBY SCHOOL & BUSINESS

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