• $799,000List Price
  • 3Bedrooms
  • 4Bathrooms
  • 0.13Acreage
  • 1989Year Built
  • 3,480Square Feet

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.

More Info

Basic Information

  • Gross Income $66,900
  • Mls StatusNew
  • Parcel Number M:0137 B:0061 L:0000,1579981

Basic Information

  • List Price$799,000
  • MLS Number73566244
  • Modification Date08/21/2026
  • Property SubType4 Family

Property

  • Acreage0.13

Utilities

  • Sewer Public Sewer
  • Water Source Public

Other

  • Date Listed08/20/2026
  • Farm Land Area Units Square Feet

Tax Information

  • Tax Assessed Value $472,800
  • Tax Year 2026
  • Taxes$6,458

Rooms

  • Bathroom4
  • Bathrooms Total Decimal 3.5
  • Bedrooms3
  • Full Bath3
  • Half Baths1

Building

  • Building Area Units Square Feet
  • FoundationOther
  • Garage Spaces2
  • Levels 4
  • Rooms11
  • Stories4
  • Units4
  • Year Built1989
  • Year Built Details Approximate
  • Year Built Source Public Records

Parking

  • Covered Spaces 2
  • Garage YN Yes
  • Open Parking YN Yes
  • Parking Features Paved Drive
  • Parking Spaces8

Location

  • Address264 Mechanic Street
  • Building Number264
  • CountyWorcester
  • StateMA
  • StreetMechanic Street
  • TownLeominster
  • Zip01453

Property Information

  • Building Area Source Public Records
  • Living Area 3,480
  • Lot Size Square Feet 5,624
  • Lot Size Units Acres
  • Square Feet3,480

Map Location

Driving Directions

Listed by Rodrigo Azevedo of Pablo Maia Realty

Leominster, MA Demographics

There is no data available

Leominster, MA Real Estate Market Data

There is no data available

Leominster, MA Schools

School NameDistanceTypeGrades

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLSPIN and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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