429 Mechanic St, Leominster, MA 01453 - Photo 1

1/1

$790,000

Sold
Closed
Multi-Family
4 Units
8 Total Beds
0.57 Acres

1/1

Property Description

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!

Full Property Details

Full Property Details for 429 Mechanic St

General

Sold For: $790,000
Taxes: $8,500 (2024)
Status: Closed
Type: Multi-Family
Source: MLSPin
MLS ID: 73392241
Added to Site: 214 day(s) ago

Rental Information

Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)

Interior

Number of Rooms: 16
Interior Features: Ceiling Fan(s), Bathroom With Tub & Shower, Internet Available - Unknown, Living Room, Kitchen
Appliances: Range, Dishwasher, Refrigerator, Microwave
Flooring: Carpet, Laminate

Rooms

Bathrooms

Total Bathrooms: 4
Full Bathrooms: 4
Main - Full Baths: 4

Bedrooms

Total Bedrooms: 8

Additional Information

Year Round: Yes

Parking

Total Spaces: 10
Parking Features: Paved Drive, Off Street, Common, Guest, Paved

Location

County: Worcester
Driving Directions: Main St to Mechanic St.

School Information

Elementary School: Fall Brook
Middle School: Sky View Middle
High School: Leominster High

Heating & Cooling

Cooling Type: Window Unit(s)
Heating Type: Baseboard, Oil
Heating Fuel: Baseboard, Oil

Utilities

Sewer: Public Sewer
Water: Public
Utility Description: Connection for Electric Range

Structural Information

Exterior Const.: Frame
Basement: Yes
Basement Desc.: Full, Concrete, Unfinished
Roof: Shingle
Stories/Levels: 4
Square Feet: 4,096
Sq. Ft. Source: Public Records
Living Area: 4,096 Sq. Ft.
Year Built: 1955

Lot Features

Lot Size (Acres): 0.57
Lot Dimensions: .57
Frontage: Public
Lot Features: Gentle Sloping

Financial Considerations

Price Per Sq. Ft.: $192.87
Tax Amount: $8,500.78
Tax Year: 2024

Disclosures and Reports

Disclosures/Rstr.: All information provided is deemed reliable but is not guaranteed and should be independently verified. Buyer and buyerâ€™s agent to perform their own due diligence.
Property ID: 1580727
Block/Lot/Section: 10

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Schools

Schools serving 429 Mechanic St

School District:Leominster School District

Name	Grades	Distance
Leominster Senior High School 122 Granite Street, Leominster, MA 01453	9-12	2.1 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 429 Mechanic St

Date

Details

Price

Change

Source

7/24/2025

Sold

$790,000

3.27%

MLS

6/17/2025

Listed

$765,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Just Listed

$645,900

Open House

75 Beech St Fitchburg, MA 01420

Multi-Family
Active
Updated 7 hours ago

2
Units
6
Total Beds
0.25
Acres

Listed by Eugene Diaz (978) 918-0826

0 River St, Fitchburg, MA 01420 - Photo 1

Just Listed

$1

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Commercial
Active

Listed by Straight Real Estate Solutions (978) 840-4014

87 Dartmouth St, Fitchburg, MA 01420 - Photo 1

Just Listed

$565,000

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Single Family
Active
Updated 3 days ago

3
Beds
3
Total Baths
2,146
Sq. Ft.

36 2nd St, Fitchburg, MA 01420 - Photo 1

Just Listed

$375,000

Open House

36 2nd St Fitchburg, MA 01420

Multi-Family
Active
Updated 7 hours ago

2
Units
2
Total Beds
0.05
Acres

518 North St, Fitchburg, MA 01420 - Photo 1

518 North St Fitchburg, MA 01420

Single Family
Active
Updated 7 hours ago

3
Beds
2
Total Baths
1,985
Sq. Ft.

381 Summer St, Fitchburg, MA 01420 - Photo 1

Price Reduced

-$24,888 (-3.32%)

$725,000

381 Summer St Fitchburg, MA 01420

Commercial
Active

Price Reduced

-$24,888 (-3.32%)

$725,000

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Multi-Family
Active
Updated 2 days ago

2
Units
3
Total Beds
0.23
Acres

23-25 Kimball St, Lunenburg, MA 01462 - Photo 1

Price Reduced

-$74,000 (-24.75%)

$225,000

23-25 Kimball St Lunenburg, MA 01462

Land Residential
Active
Updated 3 days ago

1.06
Acres

Listed by Laurie Howe (978) 549-4440

45 Middle St, Leominster, MA 01453 - Photo 1

Sold

$700,000

45 Middle St Leominster, MA 01453

Multi-Family
Closed

3
Units
8
Total Beds
0.27
Acres

17 Laurel St, Leominster, MA 01453 - Photo 1

Sold

$800,000

17 Laurel St Leominster, MA 01453

Multi-Family
Closed

3
Units
10
Total Beds
0.12
Acres

64 West St, Leominster, MA 01453 - Photo 1

Sold

$700,000

64 West St Leominster, MA 01453

Multi-Family
Closed

3
Units
6
Total Beds
0.18
Acres

Listed by Doug Tammelin

24 Starling Way, Leominster, MA 01453 - Photo 1

Sold

$680,000

24 Starling Way Leominster, MA 01453

Single Family
Closed

3
Beds
3
Total Baths
1,898
Sq. Ft.

429 Mechanic St, Leominster, MA 01453 (MLS# 73392241) is a Multi-Family property that was sold at $790,000 on July 24, 2025. Want to learn more about 429 Mechanic St? Do you have questions about finding other Multi-Family real estate for sale in Leominster? You can browse all Leominster real estate or contact a Coldwell Banker agent to request more information.

429 Mechanic St Leominster, MA 01453