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Sold for $790,000 on 07/24/25
  • $790,000

    429 Mechanic St, Leominster, MA 01453

    8beds
    4,096sqft
    4 Family - 4 Units Side by Side
    Built in 1955
    -- sqft lot
    $748,300 Zestimate®
    $193/sqft
    $2,190 Estimated rent

    What's special

    Prime investment opportunity in the heart of Leominster! This well-maintained four-unit multi-family property is a powerful addition to any real estate portfolio. Each of the four units offers a spacious and flexible layout, featuring two generous bedrooms, one full bath, and a large eat-in kitchen. A significant bonus is the expansive living area, which can easily serve as a third bedroom if desired, maximizing rental potential. Adding to its appeal, there's a large lot behind the existing parking area, providing ample space for a potential second building, significantly increasing the property's future value and development possibilities. This is an ideal turnkey addition for a seasoned investor or a fantastic starting point for those new to real estate. One unit is vacant, making this a great opportunity for an FHA loan. Situated just moments from public transportation, downtown restaurants, parks, and other local amenities, don't miss your chance to acquire this fantastic asset!

    Zillow last checked: 7 hours ago

    Listing updated: July 24, 2025 at 12:04pm

    Listed by:

    NoteWorthy Homes Team,

    Coldwell Banker Realty,

    Kellie Trudeau

    Bought with:

    Hejoma M. Garcia

    RE/MAX Diverse

    Source: MLS PIN,MLS#: 73392241

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Baseboard, Oil
    Cooling
    • Window Unit(s)
    Features
    • Ceiling Fan(s), Bathroom With Tub & Shower, Internet Available - Unknown, Living Room, Kitchen
    • Flooring: Carpet, Laminate
    • Basement: Full,Concrete,Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 4,096
    • Total interior livable area: 4,096 sqft
    • Finished area above ground: 4,096

    Property

    Parking
    • Total spaces: 10
    • Parking features: Paved Drive, Off Street, Common, Guest, Paved
    • Has uncovered spaces: Yes
    Features
    • Patio & porch: Enclosed
    • Has view: Yes
    • View description: City View(s)
    Lot
    • Size: 0.57 Acres
    • Features: Gentle Sloping
    Details
    • Parcel number: 1580727
    • Zoning: RB

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 4 Family - 4 Units Side by Side
    Materials
    • Frame
    • Foundation: Concrete Perimeter
    • Roof: Shingle
    Condition
    • Year built: 1955

    Utilities & green energy

    • Electric: Circuit Breakers, Individually Metered
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: for Electric Range

    Community & neighborhood

    Community
    • Community features: Public Transportation, Shopping, Walk/Jog Trails, Medical Facility
    Location
    • Region: Leominster

    HOA & financial

    Other financial information
    • Total actual rent: 6700
    Services availability
    Sell for more on Zillow
    Get a free Zillow Showcase℠ listing and you could sell for .
    $748,300
    2% more+ $14,966
    With Zillow Showcase(estimated)
    $763,266