Sold for $450,000

$450,000

284 Mechanic St, Leominster, MA 01453

5beds

2,353sqft

3 Family

Built in 1925

-- sqft lot

$455,200 Zestimate^®

$191/sqft

$2,851 Estimated rent

Home value

$455,200

$419,000 - $496,000

$2,851/mo

Zestimate^® history

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$2,886/mo

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$2,886/mo

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What's special

Private side porchGreat yardSpacious unitsPlenty of outdoor spaceOff-street parkingExtra sink and cabinetsGalley-style extension

Investor opportunity! This 3-family property offers tremendous potential with spacious units, a great yard, and a detached 2-car garage. The first-floor unit features 2 bedrooms, a bright and spacious living room, a large kitchen with a galley-style extension including an extra sink and cabinets, a mudroom, and a private side porch. Upstairs, you'll find two additional units: one is a 2-bedroom apartment with a full bath and kitchen, and the other is a cozy 1-bedroom with its own private covered porch/mudroom. With some updating and vision, this property can be transformed to maximize rental income or serve as a great owner-occupied investment. Plenty of outdoor space, off-street parking, and flexible floor plans make this a solid opportunity for the right buyer!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 3
Full bathrooms: 3

Heating

Baseboard, Oil

Cooling

Window Unit(s)

Appliances

Included: Range, Refrigerator

Features

Living Room, Kitchen, Laundry Room, Mudroom
Basement: Interior Entry,Sump Pump
Has fireplace: No

Interior area

Total structure area: 2,353
Total interior livable area: 2,353 sqft
Finished area above ground: 2,353

Property

Parking

Total spaces: 8
Parking features: Paved Drive
Garage spaces: 2
Uncovered spaces: 6

Lot

Size: 10,178 Square Feet

Details

Parcel number: M:0137 B:0060 L:0000,1579980
Zoning: res

Construction

Type & style

Home type: MultiFamily
Property subtype: 3 Family

Materials

Foundation: Stone

Condition

Year built: 1925

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Location

Region: Leominster

Financial & listing details

Price per square foot: $191/sqft
Tax assessed value: $497,800
Annual tax amount: $6,984
Date on market: 11/20/2025
Total actual rent: 600

Price history

Date	Event	Price
1/15/2026	Sold	$450,000-10%$191/sqft
Source: MLS PIN #73438549 Report a problem
11/25/2025	Contingent	$499,900$212/sqft
Source: MLS PIN #73438549 Report a problem
11/21/2025	Price change	$499,900-4.8%$212/sqft
Source: MLS PIN #73438549 Report a problem
11/4/2025	Price change	$524,900-4.5%$223/sqft
Source: MLS PIN #73438549 Report a problem
10/2/2025	Listed for sale	$549,900$234/sqft
Source: MLS PIN #73438549 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$6,984 +10.1%	$497,800 +13.8%
2024	$6,345 +5.2%	$437,300 +12.7%
2023	$6,031 +8.5%	$388,100 +15.7%
2022	$5,556 +2.2%	$335,500 +11.8%
2021	$5,439 +14.2%	$300,000 +13.3%
2020	$4,761 -1.8%	$264,800 +1.3%
2019	$4,848 +5.8%	$261,500 +10.3%
2018	$4,581 +13.4%	$237,000 +15.7%
2017	$4,041 +7.3%	$204,800 +6.5%
2016	$3,765 +0.7%	$192,300
2015	$3,738 +4.9%	$192,300 +1.9%
2014	$3,565 +6.4%	$188,700 +1.2%
2013	$3,350 +5.8%	$186,500 -1.5%
2012	$3,167 +4.8%	$189,400 -3.4%
2011	$3,022 -11.2%	$196,100 -20.4%
2010	$3,405 +1.2%	$246,400 -11.9%
2009	$3,364 +2.7%	$279,600 -4%
2008	$3,277 +4.4%	$291,300 +0.9%
2007	$3,140 +7.1%	$288,600 +6.3%
2006	$2,931 +5%	$271,600 +14.4%
2005	$2,792 +27.8%	$237,400 +37.6%
2004	$2,184 +13%	$172,500 +16.1%
2003	$1,932 +4.2%	$148,600 +12.8%
2002	$1,854 +1.4%	$131,700 +25.1%
1995	$1,828	$105,300