247 Mechanic Street, Leominster MA 01453
Leominster, MA 01453
$680,000
$659,000
Est. $4,119/month
Estimate assumptions
20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.
Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.
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About this home
4 Unit building located in a convenient location near shopping and highway access. Property has had several major updates roofing with a 50 year metal roof & rubber section, electrical (outside and inside services), and plumbing. The corner lot provides ample parking. 1st floor unit has gas boiler for heat. The other 3 units have electric baseboards. 2nd floor right side has additional space with a sun porch and its own entrance to the right side parking. 1st floor unit has has laundry hookups and a covered patio.
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Recently Sold Nearby
Property History
Market Insights
1
Price Changes
3.1%
Price Range
Property Timeline
Price Reduced
Sep 12, 2026
$659,000
$21,000
(-3.09%)
From $680,000 to $659,000 (-3.1%)
Showing Instructions Updated
Aug 12, 2026
New showing requirements
Listed for Sale
Aug 10, 2026
$680,000
Original listing
Office: The Neighborhood Realty Group
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 09/12/2026 | ↓ Price Reduced | $659,000 | $21,000 | - | From $680,000 to $659,000 (-3.1%) |
| 08/12/2026 | 👁️ Showing Instructions Updated | - | - | - | New showing requirements |
| 08/10/2026 | 🏠 Listed for Sale | $680,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $7,035 | $515,000 |
Financial Details
Annual Property Tax
$7,035
Tax Year 2026
Assessed Value
$515,000
Facts & Features
Home Facts
Type
Residential Income
Style
4 Family - 4 Units Up/Down
Year Built
1900
Living Area
3,111 sq ft
Lot Size
0.17 acres
Stories
4
Bedrooms
6
Full Baths
4
Total Rooms
14
Investment Metrics
Units
4
Unit 1 Rent
$1,750/mo · Y
Unit 2 Rent
$975/mo · Y
Unit 3 Rent
$1,285/mo · Y
Unit 4 Rent
$1,350/mo · Y
Total Monthly Rent
$5,360/mo
Gross Income
$64,320
Net Operating Income
$64,320
Cap Rate
9.76%
Interior
Heating
Baseboard, Electric
Cooling
None
Flooring
Vinyl, Carpet, Laminate
Appliances
Range, Dishwasher, Refrigerator
Fireplace
None
Basement
Full, Concrete
Laundry
Electric Dryer Hookup, Washer Hookup
Features
Living Room, Dining Room, Kitchen, Sunroom
Exterior
Construction
Frame
Architecture
None
Roof
Rubber, Metal
Features
Rain Gutters
Pool
None
Spa
None
Fencing
None
Patio/Porch
Enclosed
Parking
Features
Paved Drive, Off Street, Paved
Total Spaces
8
Utilities
Electric
Circuit Breakers, 200+ Amp Service, Common, Individually Metered
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Gas Range, For Electric Range, For Electric Dryer, Washer Hookup
Financial
Annual Tax
$7,035
Assessed Value
$515,000
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
Down Payment Resource
Eligible
MA Disclosures
Lead Paint
Unknown
Seller Disclosures
Owner Pays For Hot Water (gas). Basement Access Is Through The 1st Floor Unit.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
House Color
yellow
Sq Ft Source
Public Record
Sq Ft Disclosures
1st Floor has a tempoary wall creting a 4th Bedroom
Documents
None
County
Worcester
Total market time (incl. prior listings)
37 days
Property Overview
Property Type
4 Family - 4 Units Up/Down
Listing Type
For Sale
Year Built
1900
Bedrooms
6
Full Bathrooms
4
Living Area
3,111 sq ft
Total Rooms
14
Stories
4
Levels
4
Floor Layout
Interactive room guide
Floor Layout
Finished Area
3,111 sq ft above grade
Display Options
Outdoor Areas
Patio & porchEnclosed
Room Markers
OOffice (1)
KKitchen (1)
BRBedroom (5)
BABathroom (4)
DDining (1)
LLiving (2)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Vinyl, Carpet, Laminate
Appliances:
Range, Dishwasher, Refrigerator
Interior Features:
Living Room, Dining Room, Kitchen, Sunroom
Windows:
Insulated Windows, Storm Window(s), Screens
Basement:
Full, Concrete
Laundry:
Electric Dryer Hookup, Washer Hookup
Security:
Construction & Materials
Year Built:
1900
Structure Type:
Exterior Materials:
Frame
Roof:
Rubber, Metal
Foundation:
Concrete Perimeter, Stone, Brick/Mortar
Stories:
4
Heating, Cooling & Utilities
Heating:
Baseboard, Electric
Cooling:
None
Hot Water:
Natural Gas, Tank
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Rain Gutters
Patio & Porch:
Enclosed
Fencing:
Other Structures:
Lot Features:
Corner Lot
Road Surface:
Parking & Garage
Total Parking Spaces:
8
Parking Features:
Paved Drive, Off Street, Paved
Nearby Schools
School District
Leominster School District local
B-
School Safety
2024-25
2.2%
Average
2.2%
Suspensions
4.1%
In-School
3.3% below state avg
Elementary Schools
9 schools
St. Anna School
0.4 mi
Grades PK-12
St. Leo School
0.7 mi
Grades PK-08
C+
Frances Drake School
0.3 mi
|
#543 of 825
|
Score: 43.4
Improved 150 spots from last year
-14.8 below state avg
468 students
Diverse
Rising School
Diverse Student Body
Grades K-05
Bennett School
0.9 mi
114 students
Diverse
Diverse Student Body
Grades PK
Priest Street School
1.1 mi
151 students
Diverse
Diverse Student Body
Grades K
C+
Northwest School
1.3 mi
|
#537 of 825
|
Score: 43.4
Improved 118 spots from last year
-14.8 below state avg
663 students
Diverse
Rising School
Diverse Student Body
Grades 01-05
B
Johnny Appleseed School
2.0 mi
|
#397 of 825
|
Score: 47.8
Improved 101 spots from last year
-10.4 below state avg
685 students
Diverse
Rising School
Diverse Student Body
Grades K-05
Lincoln School
2.1 mi
44 students
Diverse
Diverse Student Body
Grades PK
A-
Fall Brook School
2.2 mi
|
#201 of 825
|
Score: 54.9
Improved 12 spots from last year
-3.3 below state avg
657 students
Diverse
Diverse Student Body
Strong Attendance
Grades K-05
Middle Schools
2 schools
B-
Sky View Middle School
2.0 mi
|
#192 of 352
|
Score: 41.0
Improved 32 spots from last year
-17.2 below state avg
880 students
Diverse
Rising School
Diverse Student Body
Grades 06-08
C+
Samoset School
2.1 mi
|
#215 of 352
|
Score: 39.4
Improved 5 spots from last year
-18.8 below state avg
536 students
Diverse
Diverse Student Body
Grades 06-08
High Schools
4 schools
C-
Leominster Center for Excellence
0.4 mi
|
#312 of 346
|
Score: 36.0
Dropped 25 spots from last year
-22.2 below state avg
77 students
Diverse
Early College Program
College Ready Curriculum
Grades 09-12
Leominster Academy
0.4 mi
35 students
Diverse
College Ready Curriculum
Grades 09-12
C+
Center For Technical Education Innovation
1.7 mi
|
#222 of 346
|
Score: 50.2
Dropped 30 spots from last year
-8 below state avg
881 students
Diverse
Strong AP Program
Early College Program
High Graduation Rate
Career Tech Programs
Grades 09-12
B-
Leominster High School
1.7 mi
|
#206 of 346
|
Score: 51.8
Dropped 61 spots from last year
-6.4 below state avg
990 students
Diverse
19 sports
• 1,746 athletes
Strong AP Program
Early College Program
High Graduation Rate
College Ready Curriculum
Grades 09-12
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Monthly Payment Calculator
Monthly Payment
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Principal, interest, taxes & insurance
Loan Amount
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After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%
Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$586
Homeowners Insurance
$200
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
$0
Total principal paid
$0
Total interest paid
$0
Rate Impact
-0.5% Rate
$0/mo
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Current Rate
$0/mo
+0.5% Rate
$0/mo
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Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.
Location
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Neighborhood
247 Mechanic Street, Leominster MA 01453
Leominster, MA 01453
Listing Information
Listing Agent
Matthew Phillipo
Listing Office
The Neighborhood Realty Group
Office Phone
508-459-1876
Agent MLS ID
CN216117
Office MLS ID
AN9109
Listing Data Updated
Sep 16, 2026 3:06 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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