114 Mechanic St Leominster, MA

$675,000
Beds 5
Baths 4
Square Feet 3,465
Acres 0.15
Photo of 114 Mechanic St Leominster MA 01453




Description

**Attention Investors!** Cash-flowing, fully-occupied 3-family home with a bonus loft/in-law suite in a prime location! The property features two 1-bedroom units on the first floor, a spacious 3-bedroom unit on the second floor, and a loft-style in-law suite on the third floor. All units are currently rented with great tenants under lease agreements, ensuring immediate income. Tenants have access to a shared laundry area for added convenience. The property boasts a 2-car detached garage and ample additional parking. Located just minutes from downtown, shops, restaurants, and major highways, this property offers both convenience and appeal for tenants. Perfect for investors looking for a turn-key, cash-flowing opportunity with long-term upside! Don’t miss out! GROUP SHOWINGS THIS THURSDAY 11/21 FROM 4-5:30PM BY APPOINTMENT.


Listed by 1 Worcester Homes, Luiz Fernando Coelho

Details

MLS 73302487
Status Active
Price $675,000
DOM 58 days
Type Multi-Family
Beds 5
Total Baths 4 full baths
Square Feet 3,465 sqft
Garage Spaces 2
Lot Size 0.15 acres
Year Built 1900

Lot & Building Features

Appliances Dryer, Washer, Refrigerator, Range
Construction Frame
Cooling None
Heating Electric, Natural Gas
Sewer Public Sewer
Tax Year 2024
Taxes Paid $7,388
Water Public
Foundation Irregular
Interior Features Dining Room, Mudroom, Living Room, Laundry Room, Kitchen
Roof Shingle
Full Baths 4
Parking Off Street, Paved Drive
Total Rooms 14
Basement Feature Concrete, Unfinished, Full
Garage Spaces 2

Map

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Financing

$
20%
1%
6.75%
$
$
$
per month
Principal & Interest
Monthly Taxes
Monthly HOA
Monthly Home Ins.
Monthly PMI

Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This calculator only provides an estimate.