62 Mechanic St, Leominster, MA, 01453
About This Home
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**
Getting Around
Very Walkable
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1900
Materials
- Foundation: Stone
- Roof: Shingle
- Construction materials: Frame
Type & Style
- Home type: MultiFamily
- Property subType: 3 Family
Interior
Basement
- Has basement: Yes
- Basement: Full,Walk-Out Access,Concrete,Unfinished
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Features
- Finished area above ground: 2,100
Heating
- Heating features: Baseboard,Natural Gas,Individual,Other
Interior Area
- Total structure area: 2,100
- Total interior livable area: 2,100 sqft
Property
Details
- Parcel number: 1577333
- Zoning: Com
Features
- Patio & porch: Porch
- Has view: Yes
- View description: City
Lot
- Lot size: 4,603 sqft
- Features: Easements,Cleared
Parking
- Total spaces: 6
- Parking features: Paved Drive,Off Street,Driveway
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
- Has uncovered spaces: Yes
- Uncovered spaces: 4
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Hurricane
- Ice Storm
- Lightning
- Strong Wind
How This Home’s Risks Compare
FEMA Declared Disasters Across Massachusetts Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,250 | $27,000 |
| Home Insurance * | $150 | $1,800 |
| Property Taxes | $520 | $6,240 |
| Electricity | $414 | $4,969 |
| Total | $3,334 | $40,008 |
Income You'd Need if You Spent...
Massachusetts FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-15 | Price change | $445,000 |
| 2026-07-01 | Listed for sale | $449,000 |
| 2021-03-05 | Sold | $125,000 |
View on Zillow