Ali Ludwig
Keller Williams Realty-Merrimack
(351) 208-1956
97 Total Sales
1 in Leominster
$516,500 Price
234 Mechanic St Leominster, MA 01453
Leominster Area
8
Beds
4
Baths
4,362
Sq Ft
5,437
Sq Ft Lot
Highlights
- Medical Services
- Property is near public transit and schools
- Park
- City View
- Screened Porch
- 5-minute walk to Frankie Fortuna Skatepark
About This Home
As of October 2023**OFFER DEADLINE MONDAY 8/28 at 5pm**RARE opportunity to own this amazing 4 unit money maker in the heart of Leominster! This property has been meticulously taken care of by the current and previous owners, and it shows. Low maintenance vinyl siding and windows are in great shape with a young (approx. 12yr old) rubber roof. The large driveway can comfortably hold 6-8 vehicles which is a great feature for owners/tenants. The 1st, 2nd and one of the 3rd floor units have all been recently updated including newer kitchen cabinets, counter tops, paint, flooring, carpet and vanities. Each unit has separate utilities with gas heat and updated breaker panels. The very clean, dry basement has plenty of additional storage and rooms including hookups for 4 sets of washer/dryers. 2 units are currently vacant. This property is perfect for anyone from owner occupied to seasoned investor. Don't miss this one! Group showings 8/26 and 8/27: 12-1:30pm.
Last Agent to Sell the Property
BA Property & Lifestyle Advisors Listed on: 08/23/2023
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,591
Year Built
- Built in 1900
Lot Details
- 5,437 Sq Ft Lot
- Level Lot
Home Design
- Quadruplex
- Brick Foundation
- Block Foundation
- Stone Foundation
- Rubber Roof
Interior Spaces
- 4,362 Sq Ft Home
- Screened Porch
- City Views
- Basement Fills Entire Space Under The House
- Washer and Electric Dryer Hookup
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Full Bathrooms
Parking
- 8 Car Parking Spaces
- Paved Parking
- Open Parking
Location
- Property is near public transit and schools
Utilities
- 4 Heating Zones
- Natural Gas Connected
Listing and Financial Details
- Total Actual Rent $6,600
- Assessor Parcel Number M:0044 B:0038 L:0000,1577866
Community Details
Overview
- 4 Units
- Property has 1 Level
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Park
Building Details
- Electric Expense $336
- Insurance Expense $3,756
- Water Sewer Expense $1,200
- Operating Expense $6,292
- Net Operating Income $72,908
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Leominster, MA
-
Ali Ludwig
-
Jennifer Juliano
Jennifer Juliano
Keller Williams Boston MetroWest
(508) 625-7884
148 Total Sales
4 in Leominster
$180K - $480K Price Range
-
Barrie Naji
Barrie Naji
Real Broker MA, LLC
(781) 512-4579
49 Total Sales
1 in Leominster
$244,900 Price
-
Robert Hadge
Robert Hadge
eXp Realty LLC - Corporate Office
(781) 737-7585
74 Total Sales
1 in Leominster
$359,900 Price
-
Kelly Espinola
Kelly Espinola
Keller Williams Realty-Merrimack
(351) 215-0914
142 Total Sales
5 in Leominster
$330K - $600K Price Range
-
Michelle Peterson
Michelle Peterson
Elm Grove Realty
(833) 960-1924
129 Total Sales
2 in Leominster
$405K - $590K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | -- | ||
| Hernandrez Juan | $730,000 | None Available | |
| Peroco Marcelo | $385,000 | -- | |
| Richard Maurice J | $35,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | -- | $541,500 | |
| Previous Owner | -- | $308,000 | |
| Previous Owner | Richard Maurice J | $56,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/23/2023 10/23/23 | Sold | $730,000 | +1.4% | $167 / Sq Ft | |
| 08/28/2023 08/28/23 | Pending | -- | -- | -- | |
| 08/23/2023 08/23/23 | For Sale | $719,900 | +87.0% | $165 / Sq Ft | |
| 12/06/2018 12/06/18 | Sold | $385,000 | +1.3% | $88 / Sq Ft | View Prior Sale |
| 10/22/2018 10/22/18 | Pending | -- | -- | -- | |
| 10/14/2018 10/14/18 | For Sale | $379,900 | 0.0% | $87 / Sq Ft | |
| 07/26/2018 07/26/18 | Pending | -- | -- | -- | |
| 07/19/2018 07/19/18 | For Sale | $379,900 | -- | $87 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $9,737 | $712,800 | $114,100 | $598,700 |
| 2025 | $9,409 | $670,600 | $111,800 | $558,800 |
| 2024 | $8,728 | $601,500 | $106,500 | $495,000 |
| 2023 | $9,591 | $617,200 | $92,600 | $524,600 |
| 2022 | $9,063 | $547,300 | $80,500 | $466,800 |
| 2021 | $6,697 | $369,400 | $62,700 | $306,700 |
| 2020 | $6,642 | $369,400 | $62,700 | $306,700 |
| 2019 | $4,340 | $234,100 | $59,700 | $174,400 |
| 2018 | $4,195 | $217,000 | $57,900 | $159,100 |
| 2017 | $3,847 | $195,000 | $54,100 | $140,900 |
| 2016 | $3,628 | $185,300 | $54,100 | $131,200 |
| 2015 | $3,602 | $185,300 | $54,100 | $131,200 |
| 2014 | $3,748 | $198,400 | $59,000 | $139,400 |
Source: Public Records
Agents Affiliated with this Home
-
Jeffrey Incutto
Seller's Agent in 2023
Jeffrey Incutto
BA Property & Lifestyle Advisors
(774) 239-4269
65 Total Sales
-
Pedro Cordano
Buyer's Agent in 2023
Pedro Cordano
Charlesgate Realty Group, llc
(617) 799-4228
26 Total Sales
-
Rose Mary Richard
RR
Seller's Agent in 2018
Rose Mary Richard
Alpha Real Estate
5 Total Sales
-
Ferrari Property Group
FP
Buyer's Agent in 2018
Ferrari Property Group
Keller Williams Pinnacle Central
(508) 754-3020
145 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73151416
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The property listing data and information, or the Images, 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, 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. 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, or as to the accuracy of any of the Images, set forth herein.
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