Backup offers
$8,301 Closing Credit¹
#73380714, Moses Sefah Bosompem, Listing office: Keller Williams Realty North Central
$765,000 List price
429 Mechanic St Leominster, MA 01453
$9,084
Closing credit¹
8 beds
4 full
4,096 sqft
0.6 acres
$187 / sqft
Multi-Family
Property details
About 429 Mechanic St
Prime investment opportunity in the heart of Leominster! This well-maintained four-unit multi-family property is a powerful addition to any real estate portfolio. Each of the four units offers a spacious and flexible layout, featuring two generous bedrooms, one full bath, and a large eat-in kitchen. A significant bonus is the expansive living area, which can easily serve as a third bedroom if desired, maximizing rental potential. Adding to its appeal, there's a large lot behind the existing parking area, providing ample space for a potential second building, significantly increasing the property's future value and development possibilities. This is an ideal turnkey addition for a seasoned investor or a fantastic starting point for those new to real estate. One unit is vacant, making this a great opportunity for an FHA loan. Situated just moments from public transportation, downtown restaurants, parks, and other local amenities, don't miss your chance to acquire this fantastic asset!
Highlights
Home typeMulti Family
HeatingBaseboard, Oil
StatusActive
(New)
(New)
CoolingWindow Unit(s)
Size4,096 sqft
BasementYes
Lot size0.57 Acres
Year built1955
ParkingPaved Drive, Off Street, Common, Guest, Paved
MLS #73392241
ViewCity
Summary
- Full Bathrooms: 4
- Appliances: Range, Dishwasher, Refrigerator, Microwave
- Basement: Yes
- Flooring Type: Carpet, Laminate
- Interior: Ceiling Fan(s), Bathroom With Tub & Shower, Internet Available - Unknown, Living Room, Kitchen
- Total Bedroom Count: 8
- Parking: Paved Drive, Off Street, Common, Guest, Paved
- View: City
- Heating: Baseboard, Oil
- Cooling: Window Unit(s)
- List Price: $765,000
- Price/SqFt: $186
- Annual Tax Amount: $7,921
- Tax Year: 2024
- Lot: Gentle Sloping
- Directions: Main St to Mechanic St.
- Year Built: 1955
- Stories: 4
- Living Area: 4,096 SqFt
- Lot Size: 0.57 Acres
- MLS Number: 73392241
- MLS Name: MLS Property Information Network
- Office Name: Coldwell Banker Realty
- Office Phone: (603) 673-4000
- Listing Agent: NoteWorthy Homes Team
Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/19/2025, 11:45:26 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$765,000
429 Mechanic St
$9,084
closing credit¹
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Dec 14, 2010 | Home Sold | $259,000 |
| Jan 19, 2007 | Home Sold | $310,000 |
| Nov 06, 1995 | Home Sold | $100,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $545,900 | $7,921 |
| 2022 | $475,400 | $7,873 |
| 2021 | $324,500 | $5,883 |
| 2020 | $324,500 | $5,835 |
| 2019 | $294,200 | $5,454 |
History based on county public records data.
Nearby schools
5
Frances Drake Elementary School
Public District KG-5
0.3 mi
•95 Viscoloid Ave
5
Northwest Elementary School
Public District KG-5
1.6 mi
•45 Stearns Ave
5
Johnny Appleseed Elementary School
Public District KG-5
2.1 mi
•845 Main St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $49,396. The majority of Leominster, MA residents have income between $35k-100k annually. Most families are single, no kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
34%
<35k
43%
35k-100k
21%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
48%
Single, No Kids
21%
Single, with Kids
16%
Married, No Kids
15%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
17%
<11 yrs old
9%
12-17 yrs old
25%
18-34 yrs old
40%
35-64 yrs old
9%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Soccer
Extreme Sports
Where do the neighbors shop?
Burlington
Forever 21
Sam's Club
Where do the neighbors go to eat?
Popeyes
Dominos Pizza
White Castle
What do the neighbors drive?
Dodge
Mazda
Oldsmobile
What do the neighbors listen to?
Urban Contemporary
Rhythmic Contemporary Hits
Rock
All data provided by Home Junction and Claritas
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Frequently asked questions
About 429 Mechanic St
The listing price of 429 Mechanic St property is $765,000.
The property 429 Mechanic St is a multi located in Leominster, Massachusetts, 01453.
Active Listing: 429 Mechanic St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 429 Mechanic St are: Frances Drake Elementary School (GreatSchools Rating 5/10), Northwest Elementary School (GreatSchools Rating 5/10), Johnny Appleseed Elementary School (GreatSchools Rating 5/10), Sky View Middle School (GreatSchools Rating 5/10), Samoset Middle School (GreatSchools Rating 5/10), Memorial Middle School (GreatSchools Rating 6/10), Leominster Center for Excellence (GreatSchools Rating 2/10), Leominster High School (GreatSchools Rating 4/10), Leominster High School & Center for Technical Education (GreatSchools Rating 5/10).
According to the records, the last property tax for 2024 is $7,921 (source: MLS/based on county public records data).
The last sale was on December 14, 2010 for $259,000 (source: MLS/tax record).
The property 429 Mechanic St is 4,096 SqFt (source: MLS/tax record).
The year of construction for 429 Mechanic St is 1955.
This home is located at 429 Mechanic St in Leominster, MA and zip code 01453. This 4,096 square foot home, which was built in 1955, sits on a 0.57 acre lot. Features: 8 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since June 17, 2025 and is currently priced at $765,000.
In May 2025 more than 20 listings in Leominster, MA were sold above the asking price. During the same period more than 3 listings were sold at asking price, while more than 7 were sold below. In May 2025 in Leominster, MA there were 6.3% more homes for sale than in April. Listings spent 22 days on the market in May 2025, and had a median list price of $450,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.