Overview Property Details Payment Calculator Walkability

Add to favorites

Remove from favorites
Send to Friend
Watch changes on this property

Canceled

213 Mechanic St, Leominster MA 01453

$575,000

Estimated $1,421/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $191,666.67

Total Rent: 43200/year

Estimated CAP Rate:

8 Bedrooms

Baths

2626

Total Parking: 10 (5 Garage)

10,240 (0.24)

Turnkey 3 family investment property with long term tenants in the heart of Leominster! This property boasts a new roof on both the house and the garage, new furnace, and a newly paved driveway. The first floor unit has 3 bedrooms and heated with a gas boiler. The second floor is also 3 bedrooms and is heated with electric baseboard. The third floor has 2 bedrooms and is heated with electric baseboard heat. Tenants pay their own utilities and are separately metered. Don't miss this opportunity

This home has been viewed 91 times

Last Checked: October 7th, 2024 at 4:19pm (Source: MLS PIN #73207135)

Gross Income: $43,200

Gross Expenses: $5,863

Net Income Calc: $37,337

Annual Expenses for 213 Mechanic St, Leominster MA 01453

Total Gross Expenses (Calculated)$5,863/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax5863

Annual Income & Unit Breakdown for 213 Mechanic St, Leominster MA 01453

Total Gross Income (Calculated)$43,200

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseY

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

Rent IncludesHeat

Unit 3

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor3

Levels in Unit1

Rent IncludesHeat

General Information for 213 Mechanic St, Leominster MA 01453

Listing ID73207135

Property TypeMulti Family / 3 Family

Price575000 ($218.96/SqFt)

Style3 Family - 3 Units Up/down

CityLeominster

CountyWorcester

Neighborhood(s)

Approximate Living Area Total2626

Approximate Lot Size (Acres)0.24

Total Parking10 (5 Garage)

Garage Parking5

Year Built1920

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningRes

Water Views

Water Views FeaturesBay

Waterfront FeaturesRiver

Terms

Disclosures for 213 Mechanic St, Leominster MA 01453

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsNelson Pendant Lamp In Third Floor Bedroom/Office.

Financial Data SourceEstimated

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)Lender Owned

Buyer Agent Compensation2

Facilitator Compensation2

Compensation Based OnNet Sale Price

Financial Information for 213 Mechanic St, Leominster MA 01453

Real Estate Taxes5863

Tax Year2023

Assessed Value$377,300

Financial Data SourceEstimated

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 213 Mechanic St, Leominster MA 01453

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 213 Mechanic St, Leominster MA 01453

Agent

Name: Daniel Reiser

Office

Name: Keller Williams Realty North Central

Phone: 978-840-9000

Payment Calculator

, Interest

Property Taxes 488.58

Principal & Interest 3542.97

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Keller Williams Realty North Central

Daniel Reiser

Agent Phone

Office Phone

(978) 840-9000

Text Agent Call Agent Call Office

Array
(
    [acres] => Approx. 0.24 acres (10,240 SqFt)
    [add_date] => 2024-04-27 07:16:49
    [address] => Mechanic St
    [agent] => Array
        (
            [address] => 48 Sacramento Drive
            [city] => Leominster
            [id] => CN227591
            [name] => Daniel Reiser
            [national_association] => 454502534
            [office] => AN5615
            [state] => MA
            [zip] => 01453
        )

[apod_available] => Array
        (
            [0] => No
        )

[appliances] => Array
        (
            [0] => Range
        )

[approx_living_area_total] => 2626
    [approx_lot_size_acres] => 0.24
    [approx_lot_size_sqft] => 10240
    [assessed_value] => $377,300
    [association] => 
    [association_fee] => Array
        (
        )

[association_fee_frequency] => Array
        (
        )

[association_fee_includes] => Array
        (
            [0] => Landscaping
        )

[association_required] => Array
        (
        )

[available_date] => 
    [available_now] => 0
    [basement] => Array
        (
            [0] => Full
        )

[bathrooms] => 
    [bedrooms] => 8
    [building_amenities] => Array
        (
            [0] => Beach Rights
        )

[building_area_source] => Array
        (
            [0] => Public Records
        )

[building_management] => Array
        (
        )

[building_debug] => 
    [building_id] => 
    [building_parent] => 0
    [building_name] => 
    [building_name_from_address] => 
    [building_url] => 
    [buyer_agent_compensation] => 2
    [buyer_agent_id] => 
    [buyer_office_id] => 
    [c_style] => Array
        (
            [0] => 3 Family
        )

[c_type] => Array
        (
            [0] => Multi Family
        )

[cap_rate] => 
    [city] => Leominster
    [community_features] => Array
        (
            [0] => Walk/jog Trails
        )

[compensation_based_on] => Array
        (
            [0] => Net Sale Price
        )

[complex_complete] => Array
        (
        )

[construction_materials] => Array
        (
            [0] => Frame
        )

[construction_status] => 
    [cooling] => Array
        (
            [0] => Split
        )

[cooperating_agent_commission] => Array
        (
        )

[county] => Worcester
    [cultivation_acres] => 
    [date_available_note] => 
    [deposit_amount] => Array
        (
        )

[deposit_required] => Array
        (
        )

[deqe] => 
    [description] => Turnkey 3 family investment property with long term tenants in the heart of Leominster! This property boasts a new roof on both the house and the garage, new furnace, and a newly paved driveway. The first floor unit has 3 bedrooms and heated with a gas boiler. The second floor is also 3 bedrooms and is heated with electric baseboard. The third floor has 2 bedrooms and is heated with electric baseboard heat. Tenants pay their own utilities and are separately metered. Don't miss this opportunity
    [disclosures] => 
    [documents_available] => Array
        (
            [0] => Perc Test
        )

[electric] => Array
        (
            [0] => 220 Volts
        )

[electric_expense] => Array
        (
        )

[elementary_school] => 
    [en_suite_bath] => Array
        (
            [0] => Yes
        )

[energy_features] => 
    [entry_level] => Array
        (
        )

[estimated_monthly_payment] => 
    [exclusions] => Array
        (
            [0] => Nelson Pendant Lamp In Third Floor Bedroom/Office.
        )

[exterior_features] => Array
        (
            [0] => Porch
        )

[facilitator_compensation] => 2
    [fee_paid_by_tennant] => 
    [financial_data_source] => Array
        (
            [0] => Estimated
        )

[fireplaces] => Array
        (
        )

[first_month_required] => Array
        (
        )

[floor_number] => 0
    [flooring] => Array
        (
            [0] => Tile
        )

[for_sale_by_owner] => 
    [foundation_area] => 
    [foundation_materials] => Array
        (
        )

[frontage_length] => 
    [full_baths] => 
    [garage_parking] => 5
    [gas] => Array
        (
        )

[gas_expense] => Array
        (
        )

[gross_income] => Array
        (
        )

[half_baths] => 
    [handicap_access] => 
    [heating] => 
    [heating_expense] => Array
        (
        )

[high_school] => 
    [horse_features] => Array
        (
            [0] => River
        )

[horse_permitted] => 
    [hot_water] => Array
        (
        )

[id] => 
    [insurance_expense] => Array
        (
        )

[insurance_required] => Array
        (
        )

[interior_features] => Array
        (
            [0] => French Doors
        )

[last_month_required] => Array
        (
        )

[last_sync_date] => 2024-10-07 16:19:05
    [laundry_features] => Array
        (
        )

[lead_paint] => Array
        (
        )

[lease_term] => Array
        (
        )

[levels_in_unit] => 
    [living_area] => 
    [living_area_disclosure] => Array
        (
        )

[living_area_includes_basement] => Array
        (
            [0] => No
        )

[lot_features] => Array
        (
            [0] => Gentle Sloping
        )

[management_expense] => Array
        (
        )

[middle_school] => 
    [miscellaneuos_expense] => Array
        (
        )

[mls_area] => 
    [mls_id] => 73207135
    [neighborhoods] => 
    [net_income_calc] => 37337
    [net_operating_income] => Array
        (
        )

[number_of_lots] => Array
        (
        )

[number_of_units] => 3
    [office] => Array
        (
            [id] => K95580
            [name] => Keller Williams Realty North Central
            [phone] => 978-840-9000
        )

[operating_expense] => Array
        (
        )

[optional_fee_includes] => Array
        (
        )

[optional_price] => 0
    [outdoor_space_available] => Array
        (
        )

[owner_occupancy_source] => 
    [parking_features] => Array
        (
            [0] => 1
        )

[pasture_area] => 
    [patio_and_porch] => Array
        (
        )

[perc_test] => Array
        (
        )

[perc_test_date] => 
    [pet_policy] => Array
        (
            [0] => Not Allowed
        )

[phone] => 
    [pool_features] => Array
        (
            [0] => Association
        )

[price] => 575000
    [price_per_sqft] => 218.96
    [price_per_unit] => 191666.66666667
    [private_pool] => 
    [property_sub_type] => Array
        (
            [0] => 3 Family - 3 Units Up/down
        )

[real_estate_tax] => 5863
    [references_required] => Array
        (
        )

[rent_includes] => Array
        (
            [0] => Heat
        )

[repair_maintenance_expense] => Array
        (
        )

[road_frontage_type] => Array
        (
        )

[roof_material] => Array
        (
            [0] => Asphalt/fiberglass Shingles
        )

[rooms] => 14
    [schools] => 
    [senior_community] => 
    [sewer] => Array
        (
            [0] => Public Sewer
        )

[sewer_expense] => Array
        (
        )

[short_sale] => Array
        (
            [0] => Lender Owned
        )

[special_listing_conditions] => Array
        (
            [0] => Lender Owned
        )

[state] => Massachusetts
    [state_code] => MA
    [status] => Array
        (
            [0] => Canceled
        )

[street_number] => 213
    [structure_type] => Array
        (
        )

[style] => Array
        (
            [0] => Colonial
        )

[subagent_compensation] => 
    [tag_accessible_features] => 
    [tag_air_conditioning] => 1
    [tag_association_pool] => 
    [tag_beach_access] => 
    [tag_beach_front] => 
    [tag_elevator] => 
    [tag_equestrian] => 
    [tag_garage_parking] => 1
    [tag_generator] => 
    [tag_green_features] => 
    [tag_laundry] => 
    [tag_lead_paint_free] => 
    [tag_loft] => 
    [tag_pet_friendly] => 
    [tag_pre_construction] => 
    [tag_private_outdoor_space] => 
    [tag_private_pool] => 
    [tag_professional_management] => 
    [tag_recently_renovated] => 
    [tag_senior_community] => 
    [tag_townhouse] => 
    [tag_waterfront] => 
    [tag_waterview] => 
    [tax_year] => 2023
    [team] => 
    [terms] => Array
        (
        )

[timber_acres] => 
    [title_5] => 
    [total_gross_expense] => 5863
    [total_gross_income] => 43200
    [total_parking] => 10 (5 Garage)
    [trash_expense] => Array
        (
        )

[travel_routes] => 
    [uffi] => Array
        (
        )

[unit_1_bathrooms] => 1 Full
    [unit_1_bedrooms] => 3
    [unit_1_floor] => 1
    [unit_1_lease] => Array
        (
            [0] => N
        )

[unit_1_levels] => 1
    [unit_1_rent] => Array
        (
        )

[unit_2_bathrooms] => 1 Full
    [unit_2_bedrooms] => 3
    [unit_2_floor] => 2
    [unit_2_lease] => Array
        (
            [0] => Y
        )

[unit_2_levels] => 1
    [unit_2_rent] => Array
        (
        )

[unit_3_bathrooms] => 1 Full
    [unit_3_bedrooms] => 2
    [unit_3_floor] => 3
    [unit_3_lease] => Array
        (
            [0] => N
        )

[unit_3_levels] => 1
    [unit_3_rent] => Array
        (
        )

[unit_4_bathrooms] => 
    [unit_4_bedrooms] => 
    [unit_4_floor] => 
    [unit_4_lease] => Array
        (
        )

[unit_4_levels] => 
    [unit_4_rent] => Array
        (
        )

[unit_level] => 
    [unit_number] => 
    [units_owner_occupied] => 
    [unparsed] => 213 Mechanic St, Leominster MA 01453
    [utilities] => Array
        (
        )

[view] => Array
        (
        )

[water] => Array
        (
            [0] => Public
        )

[water_expense] => Array
        (
        )

[water_views] => Array
        (
        )

[water_views_features] => Array
        (
            [0] => Bay
        )

[waterfront] => 
    [waterfront_features] => Array
        (
            [0] => River
        )

[raw] => 
)

EXIT

33 More Photos

Canceled

213 Mechanic St, Leominster MA 01453

$575,000

Annual Expenses for 213 Mechanic St, Leominster MA 01453

Annual Income & Unit Breakdown for 213 Mechanic St, Leominster MA 01453

General Information for 213 Mechanic St, Leominster MA 01453

Disclosures for 213 Mechanic St, Leominster MA 01453

Financial Information for 213 Mechanic St, Leominster MA 01453

Location Information for 213 Mechanic St, Leominster MA 01453

Contact Information for 213 Mechanic St, Leominster MA 01453

Agent

Office

Payment Calculator

Exclusive Listing Agent

Keller Williams Realty North Central

Daniel Reiser