498 Lancaster, Leominster, MA 01453 - Photo 1

1/1

$637,500

Sold
Closed
Multi-Family
3 Units
8 Total Beds
0.26 Acres

1/1

Property Description

Large Tri-Level 3 Unit Multi family on a corner lot with plenty of parking located in a nice neighborhood area of Leominster. The seller has upgraded the units during ownership: Varies per unit-- Kitchens to include the cabinets, countertops & stainless appliances, gas stoves, 3rd level has a dishwasher. New flooring, carpet tile & laminate! Some units have lovely hardwood flooring! New bathrooms with vanities & flooring.The 1st & 2nd floors boasts spacious eat in kitchens, living room, & 3 bedrooms. The 3rd floor has 2 bedrooms & a heated/enclosed sun room that can be used as one selects! Large Kitchen with room for dinning area! Some new windows over time.Covered Porches. All separate heat & electric with a common landlord panel. Separate On-wall mount HW heater for washer hookup-Coin op Dryer.Rents are below market 3 bedrooms rent potential $2000-2200 & 3rd unit $1800-2000. Level grass yard!

Full Property Details

Full Property Details for 498 Lancaster

General

Sold For: $637,500
Taxes: $5,607 (2024)
Status: Closed
Type: Multi-Family
MLS ID: 73426849
Added to Site: 168 day(s) ago

Rooms

Bathrooms

Total Bathrooms: 3
Full Bathrooms: 3

Bedrooms

Total Bedrooms: 8

Parking

Parking Features: Paved Drive, Off Street, Paved

Location

County: Worcester

Structural Information

Basement: Yes
Stories/Levels: 3
Square Feet: 2,497
Year Built: 1900

Lot Features

Lot Size (Acres): 0.26

Financial Considerations

Tax Amount: $5,607
Tax Year: 2024

Disclosures and Reports

Disclosures/Rstr.: Seller & list agent make no warranties or guarantees. Buyer/Agent to verify all information & perform their diligence. The coin op dryer in basement is conveying "as is: 3rd unit heat is in rent as seller used to occupy. Unit 1 rent to increase to $1, 625 1/2026

Listed by Keller Williams Realty North Central, Kelle O'Keefe
Sold by Keller Williams Realty North Central, Joshua Mello

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Listing agent

— 498 Lancaster —

Kelle O'Keefe

Keller Williams Realty North Central

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Schools

Schools serving 498 Lancaster

School District:Leominster School District

Name	Grades	Distance
Leominster Senior High School 122 Granite Street, Leominster, MA 01453	9-12	2.3 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 498 Lancaster

Date

Details

Price

Change

Source

12/31/2025

Sold

$637,500

-1.92%

MLS

11/10/2025

Price Reduced

$650,000

-3.7%

MLS

10/20/2025

Price Reduced

$675,000

-3.56%

MLS

9/05/2025

Listed

$699,900

—

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

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Open House

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Multi-Family
Active
Updated 1 day ago

2
Units
6
Total Beds
0.26
Acres

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Just Listed

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Active
Updated 2 days ago

3
Beds
1
Total Bath
1,802
Sq. Ft.

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Just Listed

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Commercial
Active

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Just Listed

$429,999

Open House

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Single Family
Active
Updated 1 day ago

3
Beds
2
Total Baths
1,742
Sq. Ft.

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Price Reduced

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$435,000

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4
Beds
2
Total Baths
1,848
Sq. Ft.

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Price Reduced

-$500 (-0.1%)

$519,000

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Condo
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Updated 2 days ago

3
Beds
3
Total Baths
1,564
Sq. Ft.

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Price Reduced

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$334,900

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Active
Updated 2 days ago

2
Beds
1
Total Bath
1,016
Sq. Ft.

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Price Reduced

-$15,000 (-4.17%)

$344,900

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Single Family
Active
Updated 1 day ago

3
Beds
3
Total Baths
2,974
Sq. Ft.

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Sold

$600,000

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Multi-Family
Closed

2
Units
6
Total Beds
0.23
Acres

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Sold

$670,000

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Multi-Family
Closed

3
Units
8
Total Beds
0.34
Acres

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Sold

$575,500

46 Viscoloid Ave Leominster, MA 01453

Single Family
Closed

4
Beds
2
Total Baths
1,578
Sq. Ft.

Sold

$575,500

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Multi-Family
Closed

2
Units
4
Total Beds
0.3
Acres

498 Lancaster, Leominster, MA 01453 (MLS# 73426849) is a Multi-Family property that was sold at $637,500 on December 31, 2025. Want to learn more about 498 Lancaster? 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.

498 Lancaster Leominster, MA 01453