62 Mechanic St., Leominster MA 01453

Leominster, MA 01453
$449,000
$425,000
Est. $2,740/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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4
Beds
3
Baths
2,100
Sq Ft
$202
Price/Sq Ft
0.11
Acres
1900
Year Built
2
Garage Spaces
75
Days on Market
Sale Pending Price Drop -$24,000 Listed Jul 1, 2026 • MLS# 73543683 Copied! • Updated Sep 16, 2026

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About this home

Investor opportunity in the heart of Leominster! This well-located 3-unit multifamily property offers strong income potential and off-street parking, making it an attractive addition to any investment portfolio. Conveniently situated near downtown, shopping, restaurants, schools, and major commuter routes, this property provides easy access to local amenities and transportation. Don't miss this chance to invest in one of Leominster's established neighborhoods. **7/21 GROUP SHOWING CANCELED**

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Recently Sold Nearby

Property History

Market Insights

2
Price Changes
5.3%
Price Range

Property Timeline

📋
Status: Active under contract
Sep 2, 2026
Active → Active Under Contract
⏳
Pending Sale
Aug 31, 2026
Offer accepted, sale pending
↓
Price Reduced
Aug 20, 2026
$425,000 $20,000 (-4.49%)
From $445,000 to $425,000 (-4.5%)
👁️
Showing Instructions Updated
Jul 21, 2026
New showing requirements
↓
Price Reduced
Jul 15, 2026
$445,000 $4,000 (-0.89%)
From $449,000 to $445,000 (-0.9%)
👁️
Showing Instructions Updated
Jul 15, 2026
New showing requirements
🏠
Listed for Sale
Jul 1, 2026
$449,000
Original listing
Agent: Christy Nault Office: Central Mass Real Estate

Tax History

Year Taxes Assessment
2026 $4,689 $343,280

Financial Details

Annual Property Tax
$4,689
Tax Year 2026
Assessed Value
$343,280

Facts & Features

2 Car Garage

Home Facts

Type Residential Income
Style 3 Family
Year Built 1900
Living Area 2,100 sq ft
Lot Size 0.11 acres
Stories 3
Bedrooms 4
Full Baths 3
Total Rooms 8

Investment Metrics

Units 3
Unit 1 Rent $1,200/mo · Y
Unit 2 Rent $1,050/mo · N
Unit 3 Rent $1,000/mo · N
Total Monthly Rent $3,250/mo
Gross Income $39,000
Net Operating Income $39,000
Cap Rate 9.18%
Heating Baseboard, Natural Gas, Individual, Other
Cooling None
Flooring None
Appliances None
Fireplace None
Basement Full, Walk-out Access, Concrete, Unfinished
Laundry None
Features None
Construction Frame
Architecture None
Roof Shingle
Features None
Pool None
Spa None
Fencing None
Patio/Porch Porch
Garage Spaces 2
Has Garage Yes
Features Paved Drive, Off Street, Driveway
Total Spaces 6
Electric Individually Metered
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $4,689
Assessed Value $343,280
Fee Includes None
Amenities None
Optional Fee Includes None
Lead Paint Unknown
Seller Disclosures Rent Below Current Market. Tenants Occupy All 3 Units.
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Documents None
County Worcester
Total market time (incl. prior listings) 77 days

Property Overview

Property Type
3 Family
Listing Type
Sale Pending
Year Built
1900
Bedrooms
4
Full Bathrooms
3
Living Area
2,100 sq ft
Total Rooms
8
Stories
3
Levels
3

Floor Layout

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement: Full, Walk-Out Access, Concrete, Unfinished
Laundry:
Security:

Construction & Materials

Year Built: 1900
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Stone
Stories: 3

Heating, Cooling & Utilities

Heating: Baseboard, Natural Gas, Individual, Other
Cooling:
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch: Porch
Fencing:
Other Structures:
Lot Features: Easements, Cleared
Road Surface: Paved

Parking & Garage

Garage Spaces: 2
Total Parking Spaces: 6
Parking Features: Paved Drive, Off Street, Driveway

Special Features

View: Yes
View Type: City
Community Amenities:

Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
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 $391
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
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

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.

Location

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Neighborhood

62 Mechanic St., Leominster MA 01453

Leominster, MA 01453

Listing Information

Listing Agent Christy Nault
Listing Office Central Mass Real Estate
Office Phone 877-537-9997
Agent MLS ID CN228978
Office MLS ID H80011
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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