62 Mechanic St. Leominster — Photo 1 of 10
Recent Drop: $24,000
$425,000
Investment Analysis — 62 Mechanic St.
Leominster, MA 01453
Based on rent reported on the MLS listing, a 3-unit multi-family in 01453 carries $3,250/mo in gross rent — about a 5.87% cap rate and $24,951/yr in estimated NOI at the $425,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
3
SqFt
2,100
Style
3 Family
Built
1900
Investor opportunity in the heart of Leominster! This well-located 3-unit multifamily property offers strong income potential and off-street parking, making it an attractive addition to any investment portfolio. Conveniently situated near downtown, shopping, restaurants, schools, and major commuter routes, this property provides easy access to local amenities and transportation. Don't miss this chance to invest in one of Leominster's established neighborhoods. **7/21 GROUP SHOWING CANCELED**
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Geography
Property History
$425,000
Was $445,000
Aug 20, 2026
MLS® 73543683
$445,000
Was $449,000
Jul 15, 2026
MLS® 73543683
$449,000
Jul 1, 2026
MLS® 73543683
Listing Agent: Christy Nault
Listing Office: Central Mass Real Estate
MLS® Number: 73543683