GROUP SHOWING CANCELLED! Rare opportunity to acquire a 12 unit apartment building! Building consists of ten 2 bedroom 1 bath units, and two 1 bed 1 bath units. New Roof installed 2 years ago along with replacing most of the windows with insulated energy rated windows. Most of the units have had renovations completed within the last 2 years. Plenty of off street parking and the convenience of coin op laundry in basement. Currently two units are being renovated and will be rented for around $1,400 per month each when completed. Do not miss your chance to grow your rental portfolio!
Off market
Street View
$1,705,400
523 Mechanic St, Leominster, MA 01453
22beds
10,506sqft
MultiFamily
Built in 1965
-- sqft lot
$1,705,400 Zestimate®
$162/sqft
$1,878 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 22
- Bathrooms: 12
- Full bathrooms: 12
Features
- Flooring: Concrete
Interior area
- Total interior livable area: 10,506 sqft
Property
Lot
- Size: 0.46 Acres
Details
- Parcel number: M:0156 B:0275 L:0000,1580424
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Asphalt
Condition
- Year built: 1965
Community & neighborhood
Location
- Region: Leominster
Other
Other facts
- Construction: Frame
- Foundation: Poured Concrete
- Hot Water: Natural Gas
- Lot Description: Paved Drive, Level, Corner
- Road Type: Public
- Terms Feature: Contract For Deed
- Basement Feature: Partially Finished, Concrete Floor, Interior Access
- Hea Common: Gas
- Mf Type: 5+ Family - 5+ Units Up/Down
- Exterior: Aluminum
- Roof Material: Asphalt/Composition Shingles
- CONTINGENCY_TYPE: Inspection
Services availability

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$1,705,400
2% more+ $34,108
With Zillow Showcase(estimated)
$1,739,508