$1,100,000
$950,000
15.8%For more information regarding the value of a property, please contact us for a free consultation.
523 Mechanic St Leominster, MA 01453
22 Beds
12 Baths
10,506 SqFt
Key Details
Sold Price $1,100,000
Property Type Multi-Family
Sub Type 5+ Family - 5+ Units Up/Down
Listing Status Sold
Purchase Type For Sale
Square Footage 10,506 sqft
Price per Sqft $104
MLS Listing ID 72599914
Sold Date 02/20/20
Bedrooms 22
Full Baths 12
Year Built 1965
Annual Tax Amount $11,689
Tax Year 2019
Lot Size 0.460 Acres
Acres 0.46
Property Sub-Type 5+ Family - 5+ Units Up/Down
Property Description
GROUP SHOWING CANCELLED! Rare opportunity to acquire a 12 unit apartment building! Building consists of ten 2 bedroom 1 bath units, and two 1 bed 1 bath units. New Roof installed 2 years ago along with replacing most of the windows with insulated energy rated windows. Most of the units have had renovations completed within the last 2 years. Plenty of off street parking and the convenience of coin op laundry in basement. Currently two units are being renovated and will be rented for around $1,400 per month each when completed. Do not miss your chance to grow your rental portfolio!
Location
State MA
County Worcester
Zoning RB
Direction Leominster Connector to Mechanic Street
Rooms
Basement Partially Finished, Interior Entry, Concrete
Interior
Heating Natural Gas
Appliance Gas Water Heater
Exterior
Roof Type Asphalt/Composition Shingles
Total Parking Spaces 19
Garage No
Building
Lot Description Corner Lot, Level
Story 9
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Others
Senior Community false
Acceptable Financing Contract
Listing Terms Contract
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Bought with Kenneth Purtell • Coldwell Banker Residential Brokerage - Tewksbury