About 223 Mechanic St
Exceptional Investment Opportunity! Well-maintained 5-unit income-producing property generating $7,656 per month in rental income. This attractive building is in great condition and offers investors immediate cash flow with strong rental potential. Situated on a corner lot in a convenient location just minutes from downtown, the property provides easy access to major highways and is located on a bus route. Tenants will appreciate the proximity to shopping, restaurants, churches, and the Mall at Whitney Field, making this a highly desirable rental location. Whether you're adding to an existing portfolio or purchasing your first multi-family investment, this property offers the combination of location, condition, and steady income that investors are looking for. Group showings Monday 8/17 from 11:15 to 12:15. Buyer agent must accompany buyer.
Features of 223 Mechanic St
| MLS® # | 73563586 |
|---|---|
| Price | $800,000 |
| Bedrooms | 7 |
| Bathrooms | 5.00 |
| Full Baths | 5 |
| Square Footage | 4,278 |
| Acres | 0.11 |
| Year Built | 1900 |
| Type | Residential Income |
| Sub-Type | 5+ Family - 5+ Units Up/Down |
| Status | Active |
Community Information
| Address | 223 Mechanic St |
|---|---|
| City | Leominster |
| County | Worcester |
| State | MA |
| Zip Code | 01453 |
Amenities
| Utilities | for Gas Range, Varies per Unit |
|---|---|
| Parking Spaces | 6 |
| Parking | Paved Drive, Off Street |
| # of Garages | 1 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Ceiling Fan(s), Living Room, Kitchen, Office/Den, Dining Room, Laundry Room |
|---|---|
| Appliances | Range, Refrigerator, Washer, Dryer |
| Heating | Natural Gas, Individual, Unit Control, Wall Unit |
| Cooling | None |
| Fireplace | No |
| # of Stories | 5 |
| Stories | 5 |
Exterior
| Exterior Features | Balcony/Deck |
|---|---|
| Lot Description | Corner Lot, Cleared |
| Windows | Picture Window, Skylight(s) |
| Roof | Tar/Gravel |
| Construction | Frame |
| Foundation | Stone |
Additional Information
| Zoning | RC |
|---|
Listing Details
| Agent | Paula Valente |
|---|---|
| Office | Real Estate Exchange |