59 Lancaster St, Leominster MA 01453

Leominster, MA 01453

$540,000

Est. $3,436/month

Beds

Baths

2,202

Sq Ft

$245

Price/Sq Ft

0.24

Acres

1860

Year Built

Multi Family

Type

Days on Market

Active Price Drop -$19,900 Listed Apr 8, 2026 • MLS# 73498048 Copied!

About this home

Two-family investment opportunity offering strong potential for both investors and owner-occupants. Each unit provides comfortable living space with functional layouts and good room sizes. The living room features a classic fireplace and beamed ceiling, adding character and charm. Property includes separate driveways, providing convenient off-street parking for each unit. Enclosed three-season porch offers additional usable space. Ideal for those looking to generate rental income or offset a mortgage. Conveniently located near shopping, local amenities, and commuter routes. Recording device on Unit 1.Seller is firm on the price.

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Property Overview

Property Type

Multi Family

Listing Type

For Sale

Year Built

1860

Bedrooms

Full Bathrooms

Living Area

2,202 sq ft

Total Rooms

Stories

Levels

Facts & Features

1 Car Garage

Home Facts

Type Residential Income

Style Multi Family

Year Built 1860

Living Area 2,202 sq ft

Lot Size 0.24 acres

Bedrooms 4

Full Baths 2

Total Rooms 8

Interior

Heating Oil

Cooling None

Flooring Tile, Vinyl

Appliances Range, Refrigerator, Dishwasher

Fireplace None

Fireplaces 3

Basement Interior Entry, Garage Access, Unfinished

Laundry None

Features Living Room, Kitchen

Exterior

Construction Frame

Architecture None

Roof None

Features None

Pool None

Spa None

Fencing None

Patio/Porch Enclosed

Parking

Garage Spaces 1

Has Garage Yes

Features Paved Drive, Off Street, Paved

Total Spaces 7

Utilities

Electric None

Water Public

Sewer Public Sewer

Gas None

Other None

Financial

Annual Tax $6,069

Assessed Value $432,600

Interior Features

Flooring: Tile, Vinyl

Appliances: Range, Refrigerator, Dishwasher

Interior Features: Living Room, Kitchen

Windows:

Basement: Interior Entry, Garage Access, Unfinished

Laundry:

Security:

Construction & Materials

Year Built: 1860

Structure Type:

Exterior Materials: Frame

Roof:

Foundation: Stone

Stories: 3

Heating, Cooling & Utilities

Heating: Oil

Cooling: None

Hot Water: Oil

Water Source: Public

Sewer: Public Sewer

Energy Features:

Exterior & Lot

Exterior Features:

Patio & Porch: Enclosed

Fencing:

Other Structures:

Lot Features: Corner Lot

Road Surface:

Parking & Garage

Garage Spaces: 1

Total Parking Spaces: 7

Parking Features: Paved Drive, Off Street, Paved

Special Features

Fireplaces: 3

Fireplace Type:

Community Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, Public School

Location

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Neighborhood

59 Lancaster St, Leominster MA 01453

Leominster, MA 01453

Walkability

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Nearby Schools

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Principal & Interest $0

Property Tax $506

Homeowners Insurance $200

PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0

Total principal paid $0

Total interest paid $0

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Interest

Principal

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.

Property History

Market Insights

Price Changes

3.6%

Price Range

Property Timeline

↓

Price Reduced

May 10, 2026

$540,000 $19,900 (-3.55%)

From $559,900 to $540,000 (-3.5%)

🏠

Listed for Sale

Apr 8, 2026

$559,900

Original listing

Agent: Marcia Williams Office: Simple Key Realty Inc.

Date	Event	Price	Change	$/sqft	Details
05/10/2026	↓ Price Reduced	$540,000	$19,900	-	From $559,900 to $540,000 (-3.5%)
04/08/2026	🏠 Listed for Sale	$559,900	-	-	Original listing

Price & Status History

Date	Event	Price	Change
May 10, 2026	Price Changed	$540,000	-$19,900
Apr 8, 2026	New Listing Added	$559,900	—

Market Statistics

Days on Market

45 days

Price per Sq Ft

$245

Total Price Drop

-$19,900

Tax History

Year	Taxes	Assessment
2025	$6,069	$432,600

Financial Details

Annual Property Tax

$6,069

Tax Year 2025

Assessed Value

$432,600

Listing Information

Listing Agent Marcia Williams

Listing Office Simple Key Realty Inc.

Agent MLS ID CN231317

Office MLS ID AN6807

Listing Data Updated May 14, 2026 3:05 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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59 Lancaster St, Leominster MA 01453

About this home

Property Overview

Facts & Features

Home Facts

Interior

Exterior

Parking

Utilities

Financial

Interior Features

Construction & Materials

Heating, Cooling & Utilities

Exterior & Lot

Parking & Garage

Special Features

Location

Neighborhood

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Nearby Schools

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Loan Summary

Rate Impact

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Property History

Market Insights

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Price Reduced

Listed for Sale

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