264 Mechanic St, Leominster MA 01453
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
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.
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Showing Instructions Updated
Aug 25, 2026Listed for Sale
Aug 20, 2026| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 08/25/2026 | 👁️ Showing Instructions Updated | - | - | - | New showing requirements |
| 08/20/2026 | 🏠 Listed for Sale | $799,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $6,458 | $472,800 |
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264 Mechanic St, Leominster MA 01453
Leominster, MA 01453
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