54-56 Mechanic St Leominster — Photo 1 of 37
$850,000
54-56 Mechanic St, Leominster, MA 01453
Leominster, MA 01453
Beds
5
Baths
5.5
SqFt
3,427
Style
5-9 Family
Built
1870
Outstanding investment opportunity — a six-unit mixed-use building in the heart of Leominster! Five residential units are fully occupied with long-term tenants, plus a commercial space offering flexible income potential. Built in 1870, the property spans 3,290 sq ft across three floors with numerous recent updates. Unbeatable location just steps from Monument Square, minutes to the Mall at Whitney Field, Market Basket, and major highways, with easy access to the MBTA Commuter Rail into Boston. A strong cash-flowing asset with real upside — don't miss this one!
Key facts
It was listed on September 1, 2026. The annual property taxes are $6,051 (2026 tax year). It sits on a 0.08-acre (3,529 sq ft) lot.
Market Value Analysis
* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Leominster, MA.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Refrigerator
Neighborhood
Public Transportation • Shopping • Walk/Jog Trails • Highway Access • Public School
Geography
Questions about this home
When was 54-56 Mechanic St, Leominster listed?
54-56 Mechanic St, Leominster was listed on September 1, 2026.
Has the price of 54-56 Mechanic St, Leominster changed?
The price hasn't changed since it was listed at $850,000.
What are the property taxes for 54-56 Mechanic St, Leominster?
The annual property taxes for 54-56 Mechanic St, Leominster are $6,051 (2026 tax year).
How big is the lot at 54-56 Mechanic St, Leominster?
54-56 Mechanic St, Leominster sits on a 0.08-acre (3,529 sq ft) lot.
What is the status of 54-56 Mechanic St, Leominster?
54-56 Mechanic St, Leominster is actively listed for sale.
Population
43,851
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
Median Household Income
$84K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
Renter-Occupied Homes
37.8%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)
New Construction Permits — Worcester County
1,805 housing units permitted in the last 12 months (+1% vs the prior 12 months) — 1,007 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jul '26)
Listing Agent: Olivia Grabka
Listing Office: Realty Negotiations, LLC
MLS® Number: 73570474
