MA
Worcester
Leominster
01453
264 Mechanic St
264 Mechanic St, Leominster, MA 01453
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Listing Type
Multi Family
Listing Status
Active
19
$799,000

Home Details for 264 Mechanic St

Price
$799,000
Type
Residential Income
Bedrooms
3
Total Bathrooms
4
Full Bathrooms
3
Half Bathrooms
1
Square feet
3480
Year built
1989
Lot size acres
0.13
County
Worcester
Total rooms
11
Garage
2
MLS Listing#
73566244
Property Description

Great Investment Opportunity in a Highly Desirable and Convenient Location! This versatile mixed-use property offers excellent income potential, featuring a commercial storefront plus three 1-bedroom apartments, all updated with modern kitchens and bathrooms. Each unit provides two means of egress, adding functionality and flexibility. With tenants responsible for their own heat, hot water, and electricity, operating expenses are minimized, while the owner is responsible only for city water. An exceptional added value is the approximately 50' x 35' detached garage, zoned for both residential and commercial use, creating significant additional income and development potential. Ideal for vehicle or boat storage, contractor space, warehouse use, or other permitted commercial opportunities. With multiple income streams, strong rental potential, and endless possibilities for future use, this property presents a rare opportunity for investors seeking both immediate income and long-term upside.

Property Features
  • Water Features
    • Public
  • Parking
    • Paved
Listing Courtesy: Pablo Maia Realty - 508-875-0102
Presented by: Rodrigo Azevedo
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Market statistics compiled from data from Massachusetts Association of REALTORS.
EXIT NEW OPTIONS REAL ESTATE
12 Main Street, Leominster, MA 01453
Office
888 363 3948
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