223 Mechanic St, Leominster, MA 01453
223 Mechanic St, Leominster, MA 01453
223 Mechanic St, Leominster, MA 01453
223 Mechanic St, Leominster, MA 01453
223 Mechanic St, Leominster, MA 01453
223 Mechanic St, Leominster, MA 01453
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
REMAX Revolution

REMAX Revolution

+1(401) 921-5011
$ 800,000
Est. payment | /mo

7 Beds

5 Baths

4,278 SqFt

Save
$ 800,000
Est. payment | /mo
Save

7 Beds

5 Baths

4,278 SqFt

Open House

Mon Aug 17, 11:15am - 12:15pm

Key Details

Property Type Multi-Family

Sub Type 5+ Family - 5+ Units Up/Down

Listing Status Active

Purchase Type For Sale

Square Footage 4,278 sqft

Price per Sqft $187

MLS Listing ID 73563586

Bedrooms 7

Full Baths 5

Year Built 1900

Annual Tax Amount $8,154

Tax Year 2026

Lot Size 4,791 Sqft

Acres 0.11

Property Sub-Type 5+ Family - 5+ Units Up/Down

Property Description

Exceptional Investment Opportunity! Well-maintained 5-unit income-producing property generating $7,656 per month in rental income. This attractive building is in great condition and offers investors immediate cash flow with strong rental potential. Situated on a corner lot in a convenient location just minutes from downtown, the property provides easy access to major highways and is located on a bus route. Tenants will appreciate the proximity to shopping, restaurants, churches, and the Mall at Whitney Field, making this a highly desirable rental location. Whether you're adding to an existing portfolio or purchasing your first multi-family investment, this property offers the combination of location, condition, and steady income that investors are looking for. Group showings Monday 8/17 from 11:15 to 12:15. Buyer agent must accompany buyer.

Location

State MA

County Worcester

Zoning RC

Direction Corner of Mechanic & Fifth St,

Rooms

Basement Full, Dirt Floor

Interior

Interior Features Ceiling Fan(s), Living Room, Kitchen, Office/Den, Dining Room, Laundry Room

Heating Natural Gas, Individual, Unit Control, Wall Unit

Cooling None

Flooring Varies, Hardwood

Appliance Range, Refrigerator, Washer, Dryer

Exterior

Exterior Feature Balcony/Deck

Garage Spaces 1.0

Community Features Public Transportation, Shopping, Medical Facility, Highway Access, House of Worship, Public School, Sidewalks

Utilities Available for Gas Range, Varies per Unit

Roof Type Tar/Gravel

Total Parking Spaces 7

Garage Yes

Building

Lot Description Corner Lot, Cleared

Story 5

Foundation Stone

Sewer Public Sewer

Water Public

Others

Senior Community false

Acceptable Financing Lender Approval Required

Listing Terms Lender Approval Required

Listed by Real Estate Exchange

Nearby Locations

REMAX Revolution

Helping real estate be fast, fun and stress-free!

+1(401) 921-5011

broker@therhodehome.com

100 Quaker Lane, Warwick, RI 02886

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from HomeSmart Professionals Real Estate, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

223 Mechanic St