Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
5 Beds
6 Baths
3,427 sqft

$850,000

54-56 Mechanic St, Leominster MA, 01453

Price per sqft$248.03
Built in1870
Property size3,427 sqft
Property typeMulti-family

Overview

Active

Listed Sep 1, 2026

Updated 4 weeks ago

Outstanding investment opportunity — a six-unit mixed-use building in the heart of Leominster! Five residential units are fully occupied with long-term tenants, plus a commercial space offering flexible income potential. Built in 1870, the property spans 3,290 sq ft across three floors with numerous recent updates. Unbeatable location just steps from Monument Square, minutes to the Mall at Whitney Field, Market Basket, and major highways, with easy access to the MBTA Commuter Rail into Boston. A strong cash-flowing asset with real upside — don't miss this one!

$5,655/mo

Est. mortgage payment based on a $850,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
73570474

Interior Features

Bedrooms
5
Bathrooms
6
Basement
Yes

Exterior Features

Lot Size
0.08 Acres

Other Property Details

Taxes
$6,051
Tax Frequency
Annually
Garage
Yes
55+/Senior Community
No

This listing is provided by Olivia Grabka with

The property listing data and images displayed herein were provided to MLS Property Information Network, Inc. from third-party sources, including sellers, lessors, and public records, and compiled by MLS Property Information Network, Inc. This information is intended solely for the personal, non-commercial use of consumers who have a genuine interest in purchasing or leasing listed properties. It may not be used for any purpose other than to identify prospective properties of interest.

MLS Property Information Network, Inc. and its subscribers make no representations or warranties regarding the accuracy of the listing data or images presented.

©2026 MLS Property Information Network, Inc. All rights reserved.

Data last updated 5:37 AM UTC, 9/10/2026

Powered by Luxury Presence