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$765,000
13 Days On Site

429 Mechanic St
Leominster, MA 01453

For Sale|Quadruplex|Active Under Contract
8
Beds
4
Total Baths
4
Full Baths
4,096
SqFt
$187
/SqFt
1955
Built
County:
Worcester
Call Now: 978-870-9260
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978-870-9260
429 Mechanic St429 Mechanic St429 Mechanic St429 Mechanic St
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Monthly Payment (Est.)

$3,490
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Prime investment opportunity in the heart of Leominster! This well-maintained four-unit multi-family property is a powerful addition to any real estate portfolio. Each of the four units offers a spacious and flexible layout, featuring two generous bedrooms, one full bath, and a large eat-in kitchen. A significant bonus is the expansive living area, which can easily serve as a third bedroom if desired, maximizing rental potential. Adding to its appeal, there's a large lot behind the existing parking area, providing ample space for a potential second building, significantly increasing the property's future value and development possibilities. This is an ideal turnkey addition for a seasoned investor or a fantastic starting point for those new to real estate. One unit is vacant, making this a great opportunity for an FHA loan. Situated just moments from public transportation, downtown restaurants, parks, and other local amenities, don't miss your chance to acquire this fantastic asset!

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Listing Snapshot
Price 
$765,000
Days On Site 
13 Days
Bedrooms 
8
Inside Area (SqFt) 
4,096 sqft
Total Baths 
4
Full Baths 
4
Partial Baths 
N/A
Lot Size 
0.57 Acres
Year Built 
1955
MLS® Number 
73392241
Status 
Active Under Contract
Property Tax 
$8,500.78
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
7 days agoListing updated with changes from the MLS®
7 days agoStatus changed to Active Under Contract
2 weeks agoListing first seen on site
General Features
Acres 
0.57
Disclosures 
All information provided is deemed reliable but is not guaranteed and should be independently verified. Buyer and buyer’s agent to perform their own due diligence.
Foundation 
Concrete Perimeter
Number Of Stories 
4
Parking 
PavedOff StreetCommonGuest
Parking Spaces 
10
Property Sub Type 
Quadruplex
Sewer 
Public Sewer
SqFt Above 
4096
SqFt Total 
4096
Water Source 
Public
Zoning 
RB
Interior Features
Appliances 
RangeDishwasherRefrigeratorMicrowave
Basement 
FullConcreteUnfinished
Cooling 
Window Unit(s)
Electric 
Circuit Breakers
Flooring 
CarpetLaminate
Heating 
BaseboardOil
Interior 
Ceiling Fan(s)
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Exterior Features
Construction Details 
Frame
Lot Features 
Gentle Sloping
Patio And Porch 
Enclosed
Roof 
Shingle
View 
City
Waterview 
City
Schools
School District
Unknown
Elementary School
Fall Brook
Middle School
Sky View Middle
High School
Leominster High
Listing courtesy of NoteWorthy Homes Team of Coldwell Banker Realty



The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords, and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

Last checked 2025-07-01 08:52 AM UTC

Neighborhood & Commute
Source: Walkscore
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