223 Mechanic St, Leominster, MA 01453
- $800,000
- 7
- BD
- 5
- BA
- 4,278
- SqFt
- List Price
- $800,000
- Status
- UNDER AGREEMENT
- MLS#
- 73563586
- Bedrooms
- 7
- Bathrooms
- 5
- Full Baths
- 5
- Living Area
- 4,278
- Lot Size (Acres)
- 0.11
- Year Built
- 1900
Property Description
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.
Additional Information
- Taxes
- $8,154
- Interior Features
- Ceiling Fan(s), Living Room, Kitchen, Office/Den, Dining Room, Laundry Room
- Parking Description
- Paved Drive, Off Street
- Lot Description
- Corner Lot, Cleared
- Water
- Public
- Sewer
- Public Sewer
Mortgage Calculator
Listing courtesy of Listing Agent: Paula Valente from Listing Office: Real Estate Exchange.
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