
59 Lancaster St Leominster — Photo 1 of 39
$529,999
Leominster, MA 01453
Beds
4
Baths
2
SqFt
2,202
Style
Multi Family
Built
1860
Welcome to 59 Lancaster St, Leominster, a spacious, well-maintained two-family property that is truly move-in ready and ready to start producing income from day one! Close today and start collecting rent tomorrow.The first unit offers 3 bedrooms, a comfortable living room, kitchen, full bath, plus additional flexible space that can be customized to fit your needs. The second unit features 1 bedroom, 1 bath, kitchen, and living room and is already occupied by wonderful tenants providing excellent rental income.Both units are spacious, in very good condition, and require no major work before you can start enjoying the benefits of ownership. Whether you’re an investor looking for a turnkey income-producing property or an owner-occupant looking to offset your mortgage with rental income, this property offers a fantastic opportunity.Outside, you’ll find two separate driveways with plenty of parking, a garage, and an enclosed three-season porch offering even more usable space.With strong rental potential, ample parking, a garage, and a move-in-ready condition, 59 Lancaster St checks the boxes that are hard to find in a multifamily property in a quiet location. Schedule your private showing and come see the opportunity for yourself! All separated utilities, public water and public sewer, making it even easier to maintain.
* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Leominster, MA.
Range • Dishwasher • Refrigerator • Washer • Dryer • Wine Refrigerator
Shopping • Park • Highway Access
Aug 13, 2026
MLS® 73563228
Jul 23, 2026
MLS® 73498048
Apr 8, 2026
MLS® 73498048
43,851
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
$84K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
37.8%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)
1,806 housing units permitted in the last 12 months (-4% vs the prior 12 months) — 1,006 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jun '26)
Listing Agent: Dayane Couto
Listing Office: Keller Williams Realty Evolution
MLS® Number: 73563228
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