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.
For sale
$529,999
59 Lancaster St, Leominster, MA 01453
4beds
2,202sqft
Multi Family
Built in 1860
-- sqft lot
$526,600 Zestimate®
$241/sqft
$-- HOA
What's special
- 2 days |
- 279 |
- 18 |
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
Zestimate®
$526,600
Estimated sales range
$500,000 - $553,000
Rent Zestimate®
$2,512/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/13/2026 | Listed for sale | $529,999-1.9%$241/sqft |
Source: MLS PIN #73563228 Report a problem | ||
| 7/23/2026 | Listing removed | $540,000$245/sqft |
Source: MLS PIN #73498048 Report a problem | ||
| 5/10/2026 | Price change | $540,000-3.6%$245/sqft |
Source: MLS PIN #73498048 Report a problem | ||
| 4/8/2026 | Listed for sale | $559,900+36.6%$254/sqft |
Source: MLS PIN #73498048 Report a problem | ||
| 10/3/2022 | Sold | $410,000$186/sqft |
Source: MLS PIN #73021529 Report a problem | ||
| 8/4/2022 | Listed for sale | $410,000+124%$186/sqft |
Source: MLS PIN #73021529 Report a problem | ||
| 8/24/2016 | Sold | $183,000-1%$83/sqft |
Source: Public Record Report a problem | ||
| 5/12/2016 | Pending sale | $184,900$84/sqft |
Source: Godin Real Estate #71981481 Report a problem | ||
| 5/5/2016 | Price change | $184,900-2.6%$84/sqft |
Source: Godin Real Estate #71981481 Report a problem | ||
| 4/1/2016 | Listed for sale | $189,900+244.6%$86/sqft |
Source: Godin Real Estate #71981481 Report a problem | ||
| 5/4/2015 | Sold | $55,100-15.1%$25/sqft |
Source: Public Record Report a problem | ||
| 3/31/2015 | Pending sale | $64,900$29/sqft |
Source: XSell Realty, LLC #71801236 Report a problem | ||
| 3/14/2015 | Price change | $64,900-23.6%$29/sqft |
Source: XSell Realty, LLC #71801236 Report a problem | ||
| 1/14/2015 | Pending sale | $84,900$39/sqft |
Source: XSell Realty, LLC #71766811 Report a problem | ||
| 12/11/2014 | Price change | $84,900-10.5%$39/sqft |
Source: XSell Realty, LLC #71766811 Report a problem | ||
| 11/9/2014 | Listed for sale | $94,900+43.7%$43/sqft |
Source: XSell Realty, LLC #71766811 Report a problem | ||
| 10/16/2014 | Sold | $66,020-14.3%$30/sqft |
Source: Public Record Report a problem | ||
| 10/1/1997 | Sold | $77,000$35/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 01453
Nearby schools
GreatSchools rating
- 5/10Northwest Elementary SchoolGrades: 1-5Distance: 1.1 mi
- 6/10Sky View Middle SchoolGrades: 6-8Distance: 2.4 mi
- 5/10Leominster Senior High SchoolGrades: 9-12Distance: 1.3 mi
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