Luxury Real Estate Group Boston > Leominster > 429 Mechanic St

LRG Boston

(617) 233-5800

355 Boylston St

Boston, Ma 02116

429 Mechanic St

Leominster, MA

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!

offered at

$765,000

  • Status: New
  • Listing ID: 73392241
  • Bedrooms: 8
  • Full Baths: 4
  • Living Area: 4,096 sqft Convert
  • Lot Size: 24,843 sqft Convert
  • Acres: 0.57

Additional Details

Type: Multi-Family, 4 Family - 4 Units Side by Side

Zip Code: 01453

Levels: 4

Parking

Parking: Paved Drive, Off Street, Common, Guest, Paved

Parking Spaces: 10

Rooms and Dimensions

Total Units: 4

Total Floors: 4

Total Rooms: 16

Contact: LRG Boston at (617) 233-5800

LRGBOSTON.COM

355 Boylston St. Boston, MA 02116

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