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For sale
  • $529,999

    59 Lancaster St, Leominster, MA 01453

    4beds
    2,202sqft
    : 
    $3,513/mo
    Get pre-qualified
    Multi Family
    Built in 1860
    -- sqft lot
    $526,600 Zestimate®
    $241/sqft
    $-- HOA

    What's special

    Welcome to 59 Lancaster St, Leominster, a spacious, well-maintained two-family property that is truly move-in ready and ready to start producing income from day one! Close today and start collecting rent tomorrow.The first unit offers 3 bedrooms, a comfortable living room, kitchen, full bath, plus additional flexible space that can be customized to fit your needs. The second unit features 1 bedroom, 1 bath, kitchen, and living room and is already occupied by wonderful tenants providing excellent rental income.Both units are spacious, in very good condition, and require no major work before you can start enjoying the benefits of ownership. Whether you’re an investor looking for a turnkey income-producing property or an owner-occupant looking to offset your mortgage with rental income, this property offers a fantastic opportunity.Outside, you’ll find two separate driveways with plenty of parking, a garage, and an enclosed three-season porch offering even more usable space.With strong rental potential, ample parking, a garage, and a move-in-ready condition, 59 Lancaster St checks the boxes that are hard to find in a multifamily property in a quiet location. Schedule your private showing and come see the opportunity for yourself! All separated utilities, public water and public sewer, making it even easier to maintain.
    2 days
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    279
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    18
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    Zillow last checked:

    Listing updated:

    Listed by:

    Dayane Couto 978-427-0677,

    Invest Realty Group 617-306-0134,

    Dayane Couto 978-427-0677

    Source: MLS PIN,MLS#: 73563228

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Oil
      Cooling
      • Window Unit(s)
      Appliances
      • Included: Range, Dishwasher, Refrigerator, Washer, Dryer, Wine Refrigerator
      Features
      • Bathroom With Tub, Living Room, Kitchen, Sunroom, Family Room
      • Flooring: Tile, Vinyl
      • Basement: Partial,Interior Entry,Garage Access,Concrete,Unfinished
      • Number of fireplaces: 2
      Interior area
      • Total structure area: 2,202
      • Total interior livable area: 2,202 sqft
      • Finished area above ground: 2,202
      Video & virtual tour

      Property

      Parking
      • Total spaces: 6
      • Parking features: Paved Drive, Off Street, Paved, Unpaved
      • Garage spaces: 1
      • Uncovered spaces: 5
      Features
      • Patio & porch: Enclosed
      Lot
      • Size: 10,590 Square Feet
      • Features: Corner Lot
      Details
      • Parcel number: M:0093 B:0018 L:0000,1578966
      • Zoning: RC

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Frame
      • Foundation: Block, Stone
      • Roof: Shingle
      Condition
      • Year built: 1860

      Utilities & green energy

      • Electric: 110 Volts
      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: Shopping, Park, Highway Access
      Location
      • Region: Leominster

      Financial & listing details

      • Price per square foot: $241/sqft
      • Tax assessed value: $482,200
      • Annual tax amount: $6,587
      • Date on market: 8/13/2026
      • Total actual rent: 4500

        Estimated market value

        $526,600

        $500,000 - $553,000

        $2,512/mo

        Price history

        DateEventPrice
        8/13/2026Listed for sale$529,999-1.9%$241/sqft
        Source: MLS PIN #73563228 Report a problem
        7/23/2026Listing removed$540,000$245/sqft
        Source: MLS PIN #73498048 Report a problem
        5/10/2026Price change$540,000-3.6%$245/sqft
        Source: MLS PIN #73498048 Report a problem
        4/8/2026Listed for sale$559,900+36.6%$254/sqft
        Source: MLS PIN #73498048 Report a problem
        10/3/2022Sold$410,000$186/sqft
        Source: MLS PIN #73021529 Report a problem
        8/4/2022Listed for sale$410,000+124%$186/sqft
        Source: MLS PIN #73021529 Report a problem
        8/24/2016Sold$183,000-1%$83/sqft
        Source: Public Record Report a problem
        5/12/2016Pending sale$184,900$84/sqft
        Source: Godin Real Estate #71981481 Report a problem
        5/5/2016Price change$184,900-2.6%$84/sqft
        Source: Godin Real Estate #71981481 Report a problem
        4/1/2016Listed for sale$189,900+244.6%$86/sqft
        Source: Godin Real Estate #71981481 Report a problem
        5/4/2015Sold$55,100-15.1%$25/sqft
        Source: Public Record Report a problem
        3/31/2015Pending sale$64,900$29/sqft
        Source: XSell Realty, LLC #71801236 Report a problem
        3/14/2015Price change$64,900-23.6%$29/sqft
        Source: XSell Realty, LLC #71801236 Report a problem
        1/14/2015Pending sale$84,900$39/sqft
        Source: XSell Realty, LLC #71766811 Report a problem
        12/11/2014Price change$84,900-10.5%$39/sqft
        Source: XSell Realty, LLC #71766811 Report a problem
        11/9/2014Listed for sale$94,900+43.7%$43/sqft
        Source: XSell Realty, LLC #71766811 Report a problem
        10/16/2014Sold$66,020-14.3%$30/sqft
        Source: Public Record Report a problem
        10/1/1997Sold$77,000$35/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$6,069 +5%$432,600 +8.6%
        2024$5,778 +11.6%$398,200 +19.5%
        2023$5,176 +5%$333,100 +11.9%
        2022$4,928 +6.2%$297,600 +16.3%
        2021$4,639 +0.8%$255,900
        2020$4,601 +9.7%$255,900 +13.1%
        2019$4,196 +2.7%$226,300 +7%
        2018$4,086 +25.2%$211,400 +27.8%
        2017$3,263 +4.8%$165,400 +4%
        2016$3,115 +5.7%$159,100 +4.9%
        2015$2,947 -1.8%$151,600 -4.5%
        2014$3,000 +3.9%$158,800 -1.2%
        2013$2,888 +7%$160,800 -0.4%
        2012$2,700 +4.1%$161,500 -4%
        2011$2,594 -6%$168,300 -15.8%
        2010$2,761 -4%$199,800 -16.4%
        2009$2,875 +11%$239,000 +3.8%
        2008$2,590 +4.9%$230,200 +1.5%
        2007$2,468 +6.1%$226,800 +5.1%
        2006$2,327 +0.9%$215,700 +10%
        2005$2,306 +11.9%$196,100 +20.5%
        2004$2,061 +18.2%$162,800 +21.4%
        2003$1,743 +4.7%$134,100 +13.5%
        2002$1,664 +5.4%$118,200 +30%
        1995$1,578 $90,900
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 01453

        Getting around

        86 / 100
        Very Walkable
        35 / 100
        Some Transit
        50 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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