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You are here:
Home Massachusetts Leominster Multi-Family Homes for Sale

284 Mechanic St Leominster, MA 01453

$499,900
3 Unit
5 Beds
3 Baths
2353 SQFT
0.23 Acre
284 Mechanic St
Leominster, MA 01453

Property Description

Investor opportunity! This 3-family property offers tremendous potential with spacious units, a great yard, and a detached 2-car garage. The first-floor unit features 2 bedrooms, a bright and spacious living room, a large kitchen with a galley-style extension including an extra sink and cabinets, a mudroom, and a private side porch. Upstairs, you'll find two additional units: one is a 2-bedroom apartment with a full bath and kitchen, and the other is a cozy 1-bedroom with its own private covered porch/mudroom. With some updating and vision, this property can be transformed to maximize rental income or serve as a great owner-occupied investment. Plenty of outdoor space, off-street parking, and flexible floor plans make this a solid opportunity for the right buyer!

Property Overview

Building Information

  • Total Units: 3
  • Total Floors: 2
  • Total Bedrooms: 5
  • Total Full Baths: 3
  • Basement Features: Interior Access, Sump Pump
  • Common Rooms: Kitchen, Living Room, Mudroom
  • Common Appliances: Range, Refrigerator
  • Common Heating: Electric Baseboard, Gas, Hot Air Gravity, Hot Water Baseboard, Oil, Radiant

Financial

  • APOD Available: No
  • Gross Operating Income: 7200
  • Net Operating Income: 7200

Utilities

  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Electric, Heat, Hot Water, Water
  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Electric, Heat, Water
  • Under Lease: No
  • Floors: 2
  • Levels: 1

Unit 3 Description

  • Included in Rent: Electric, Heat, Water
  • Under Lease: No

Construction

  • Year Built: 1925
  • Type: 3 Family
  • Foundation Info: Fieldstone
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73438549
  • Last Updated: 11/25/25

Date Event Price Price/Sq Ft Source
11/25/2025Contingent$499,900$212MLSPIN
11/24/2025Active$499,900$212MLSPIN
11/20/2025Price Change$499,900$212MLSPIN
11/08/2025Active$524,900$223MLSPIN
11/04/2025Price Change$524,900$223MLSPIN
10/06/2025Active$549,900$234MLSPIN
10/02/2025New$549,900$234MLSPIN

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View Breakdown

Map & Resources

Frances Drake School

Public Elementary School, Grades: K-5

0.31mi

St Anna School

Private School, Grades: PK-8

0.44mi

St. Anna School

Private School, Grades: PK-12

0.44mi

Spruce Street School

School

0.58mi

St. Leo School

Private School, Grades: PK-8

0.78mi

St Leo

Private School, Grades: PK-8

0.79mi

Leominster Center for Excellence

School

0.89mi

Starbucks

Coffee Shop

0.89mi

Panera Bread

Sandwich & Bakery (Fast Food)

0.52mi

Chipotle

Mexican (Fast Food)

0.76mi

Papa John's

Pizzeria

0.77mi

Bocado Tapas Wine Bar

Restaurant

0.66mi

The Columbia Tavern

Restaurant

0.66mi

Rye & Thyme

Restaurant

0.71mi

Leominster Police Department

Local Police

0.8mi

Sp Leominster

State Police

0.93mi

Leominster Fire Department

Fire Station

0.8mi

Leominster Fire Department

Fire Station

1.11mi

Entertainment Cinemas

Cinema

0.56mi

Leominster State Pool

Swimming Pool. Sports: Swimming

0.24mi

2 basketball courts

Sports Centre. Sports: Basketball

0.19mi

Lincoln Woods Wildlife Sanctuary

Land Trust Park

0.8mi

Prospect Park Conservation Area

Municipal Park

0.9mi

Twelvth Street Field

Municipal Park

0.23mi

Carter Park

Park

0.66mi

Monument Square Historic District

Park

0.74mi

Monument Square

Park

0.74mi

Frances Drake School

Recreation Ground

0.16mi

Leominster State Pool

Recreation Ground

0.31mi

Lifetime Center For Family Health

Library

0.69mi

Leominster Public Library

Library

0.83mi

Supercuts

Hairdresser

0.88mi

Aspen Dental

Dentist

0.88mi

Shell

Gas Station

0.66mi

Shell

Gas Station

0.84mi

Santander

Bank

0.63mi

TD Bank

Bank

0.73mi

The Mall at Whitney Field

Mall

0.41mi

Burlington

Department Store

0.44mi

JCPenney

Department Store

0.45mi

Hannaford

Supermarket

0.38mi

Market Basket

Supermarket

0.47mi

Nouria

Convenience

0.65mi

Shell

Convenience

0.84mi

Seller's Representative: Gerard Breau, Prospective Realty INC
MLS ID#: 73438549

© 2025 MLS Property Information Network, Inc.. All rights reserved.

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information 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. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2025-11-25 15:18:00