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!
Sold for $790,000
$790,000
429 Mechanic St, Leominster, MA 01453
8beds
4,096sqft
4 Family - 4 Units Side by Side
Built in 1955
-- sqft lot
$777,000 Zestimate®
$193/sqft
$2,209 Estimated rent
Home value
$777,000
$707,000 - $847,000
$2,209/mo
Zestimate® history
Owner options
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$2,209/mo
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$2,209/mo
Rent Zestimate®
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$5,061/mo
Est. payment
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$5,061/mo
Est. payment
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List your homeWhat's special
Generous bedroomsLarge lotLarge eat-in kitchenSpacious and flexible layout
Zillow last checked:
Listing updated:
Listed by:
NoteWorthy Homes Team 603-697-7196,
Coldwell Banker Realty 603-673-4000,
Kellie Trudeau 978-519-7545
Bought with:
Hejoma M. Garcia
RE/MAX Diverse
Source: MLS PIN,MLS#: 73392241
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Baseboard, Oil
Cooling
- Window Unit(s)
Appliances
- Included: Range, Dishwasher, Refrigerator, Microwave
Features
- Ceiling Fan(s), Bathroom With Tub & Shower, Internet Available - Unknown, Living Room, Kitchen
- Flooring: Carpet, Laminate
- Basement: Full,Concrete,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 4,096
- Total interior livable area: 4,096 sqft
- Finished area above ground: 4,096
Property
Parking
- Total spaces: 10
- Parking features: Paved Drive, Off Street, Common, Guest, Paved
- Uncovered spaces: 10
Features
- Patio & porch: Enclosed
- Has view: Yes
- View description: City View(s)
Lot
- Size: 0.57 Acres
- Features: Gentle Sloping
Details
- Parcel number: 1580727
- Zoning: RB
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 4 Family - 4 Units Side by Side
Materials
- Frame
- Foundation: Concrete Perimeter
- Roof: Shingle
Condition
- Year built: 1955
Utilities & green energy
- Electric: Circuit Breakers, Individually Metered
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Electric Range
Community & HOA
Community
- Features: Public Transportation, Shopping, Walk/Jog Trails, Medical Facility
Location
- Region: Leominster
Financial & listing details
- Price per square foot: $193/sqft
- Tax assessed value: $605,900
- Annual tax amount: $8,500
- Date on market: 1/6/2026
- Total actual rent: 6700
Price history
| Date | Event | Price |
|---|---|---|
| 7/24/2025 | Sold | $790,000+3.3%$193/sqft |
Source: MLS PIN #73392241 Report a problem | ||
| 6/24/2025 | Contingent | $765,000$187/sqft |
Source: MLS PIN #73392241 Report a problem | ||
| 6/17/2025 | Listed for sale | $765,000+101.4%$187/sqft |
Source: MLS PIN #73392241 Report a problem | ||
| 9/15/2017 | Listing removed | $379,900$93/sqft |
Source: Stuart St James, Inc. #72220562 Report a problem | ||
| 8/30/2017 | Listed for sale | $379,900+36.2%$93/sqft |
Source: Stuart St James, Inc. #72220562 Report a problem | ||
| 11/19/2014 | Listing removed | $279,000$68/sqft |
Source: MCO Realty Service, LLC #71767486 Report a problem | ||
| 11/11/2014 | Listed for sale | $279,000$68/sqft |
Source: MCO Realty Service, LLC #71767486 Report a problem | ||
Public tax history
Tax history is unavailable.
Find assessor info on the county website
Neighborhood: 01453
Nearby homes
- $485,2004 bd2 ba1.8k sqft435 Mechanic St, Leominster, MA 01453Off Market
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Nearby schools
GreatSchools rating
- 5/10Frances Drake SchoolGrades: K-5Distance: 0.3 mi
- 6/10Sky View Middle SchoolGrades: 6-8Distance: 1.9 mi
- 5/10Leominster Senior High SchoolGrades: 9-12Distance: 2.1 mi
Schools provided by the listing agent
- Elementary: Fall Brook
- Middle: Sky View Middle
- High: Leominster High
Source: MLS PIN. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$777,000
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$777,000
- Massachusetts
- Worcester County
- Leominster
- 01453
- 429 Mechanic St
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Nearby zip codes
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