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  • $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

    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!

    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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    An equal housing lender. NMLS #10287.

    Sell for more on Zillow

    Get a free Zillow Showcase℠ listing and you could sell for .

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