Active
223 Mechanic St
Leominster, MA 01453
Residential Income · Active · MLS #73563586
Listing Courtesy of Real Estate Exchange | Paula Valente
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MLS PIN data
About this home
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.
Property information
Details at a glance
Interior
- Rooms
- 19
- Heating
- Natural Gas, Individual, Unit Control, Wall Unit
- Cooling
- None
- Flooring
- Varies, Hardwood
Building
- Style
- 5+ Family - 5+ Units Up/Down
- Year built
- 1900
- Garage
- 1
- Parking
- 6
- Foundation
- Stone
- Roof
- Tar/Gravel
Land & utilities
- Lot size
- 0.11 acres
- Water
- Public
- Sewer
- Public Sewer
- Zoning
- RC
Financial
- Annual taxes
- $8,154
- Assessment year
- 2026
Listing history
Price and status timeline
No additional public listing history was supplied for this property.
Property value estimate
An informed starting point
Automated estimates are not appraisals or guarantees of market value.
Comparable sales
Recent properties for context
Recent comparable sales are not available for this property.
Photo insights
Condition signals
Generated from listing photography; not a substitute for an inspection.
Local market context
How this home compares in Leominster
Active city listing statistics from MLS PIN as of September 6, 2026. Asking prices are not completed-sale values.
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Common questions
About 223 Mechanic St
Can I schedule a private showing?
Yes. Request a tour of 223 Mechanic St and a Bean Group agent will help coordinate an available time with the listing side.
Can you help me evaluate this property?
Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.
Are property documents available?
Availability varies by property and source. Request the documents you need and we will help obtain what is available.