62 Mechanic St., Leominster MA 01453
Leominster, MA 01453
$449,000
$445,000
Est. $2,841/month
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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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Property History
Market Insights
1
Price Changes
0.9%
Price Range
Property Timeline
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
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 07/21/2026 | 👁️ Showing Instructions Updated | - | - | - | New showing requirements |
| 07/15/2026 | ↓ Price Reduced | $445,000 | $4,000 | - | From $449,000 to $445,000 (-0.9%) |
| 07/15/2026 | 👁️ Showing Instructions Updated | - | - | - | New showing requirements |
| 07/01/2026 | 🏠 Listed for Sale | $449,000 | - | - | Original listing |
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
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
8.76%
Interior
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
Exterior
Construction
Frame
Architecture
None
Roof
Shingle
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
Porch
Parking
Garage Spaces
2
Has Garage
Yes
Features
Paved Drive, Off Street, Driveway
Total Spaces
6
Utilities
Electric
Individually Metered
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$4,689
Assessed Value
$343,280
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
Down Payment Resource
Eligible
MA Disclosures
Seller Disclosures
Rent Below Current Market. Tenants Occupy All 3 Units.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Public Record
Documents
None
County
Worcester
Total market time (incl. prior listings)
20 days
Property Overview
Property Type
3 Family
Listing Type
For Sale
Year Built
1900
Bedrooms
4
Full Bathrooms
3
Living Area
2,100 sq ft
Total Rooms
8
Stories
3
Levels
3
Floor Layout
Interactive room guide
Floor Layout
Finished Area
2,100 sq ft above grade
Display Options
Outdoor Areas
Patio & porchPorch
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
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:
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 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. Leo School
0.3 mi
Grades PK-08
St. Anna School
0.6 mi
Grades PK-12
Bennett School
0.5 mi
115 students
Diverse
Diverse Student Body
Grades PK
C+
Frances Drake School
0.8 mi
|
#536 of 824
|
Score: 43.5
Improved 157 spots from last year
-14.7 below state avg
512 students
Diverse
Rising School
Diverse Student Body
Grades K-05
Priest Street School
0.8 mi
151 students
Diverse
Diverse Student Body
Grades K
C+
Northwest School
0.9 mi
|
#555 of 824
|
Score: 42.8
Improved 100 spots from last year
-15.4 below state avg
665 students
Diverse
Rising School
Diverse Student Body
Grades 01-05
B
Johnny Appleseed School
2.0 mi
|
#416 of 824
|
Score: 47.3
Improved 82 spots from last year
-10.9 below state avg
692 students
Diverse
Rising School
Diverse Student Body
Grades K-05
Lincoln School
2.2 mi
46 students
Diverse
Diverse Student Body
Grades PK
A-
Fall Brook School
2.3 mi
|
#203 of 824
|
Score: 54.8
Improved 10 spots from last year
-3.4 below state avg
670 students
Diverse
Diverse Student Body
Strong Attendance
Grades K-05
Middle Schools
2 schools
B-
Samoset School
2.2 mi
|
#207 of 352
|
Score: 40.0
Improved 13 spots from last year
-18.2 below state avg
495 students
Diverse
Diverse Student Body
Grades 06-08
B-
Sky View Middle School
2.3 mi
|
#194 of 352
|
Score: 40.9
Improved 30 spots from last year
-17.3 below state avg
869 students
Diverse
Rising School
Diverse Student Body
Grades 06-08
High Schools
4 schools
C-
Leominster Center for Excellence
0.7 mi
|
#309 of 346
|
Score: 35.9
Dropped 22 spots from last year
-22.3 below state avg
65 students
Diverse
Early College Program
College Ready Curriculum
Grades 09-12
Leominster Academy
0.7 mi
32 students
Diverse
College Ready Curriculum
Grades 09-12
B-
Center For Technical Education Innovation
1.2 mi
|
#210 of 346
|
Score: 50.7
Dropped 18 spots from last year
-7.5 below state avg
821 students
Diverse
Strong AP Program
Early College Program
High Graduation Rate
Career Tech Programs
Grades 09-12
B-
Leominster High School
1.2 mi
|
#206 of 346
|
Score: 51.1
Dropped 61 spots from last year
-7.1 below state avg
1,060 students
Diverse
19 sports
• 1,746 athletes
Early College Program
High Graduation Rate
College Ready Curriculum
Strong Athletics
Grades 09-12
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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
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
Jul 21, 2026 7:30 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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