Multi Family at 59 Lancaster St, Leominster MA 01453, Leominster
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39 photos

$529,999

59 Lancaster St, Leominster MA 01453
Leominster, MA 01453
Listed by Dayane Couto
Bedrooms
4
Bathrooms
2
Living area
2,202 sqft
Year built
1860

About this home

Welcome to 59 Lancaster St, Leominster, a spacious, well-maintained two-family property that is truly move-in ready and ready to start producing income from day one! Close today and start collecting rent tomorrow.The first unit offers 3 bedrooms, a comfortable living room, kitchen, full bath, plus additional flexible space that can be customized to fit your needs. The second unit features 1 bedroom, 1 bath, kitchen, and living room and is already occupied by wonderful tenants providing excellent rental income.Both units are spacious, in very good condition, and require no major work before you can start enjoying the benefits of ownership. Whether you’re an investor looking for a turnkey income-producing property or an owner-occupant looking to offset your mortgage with rental income, this property offers a fantastic opportunity.Outside, you’ll find two separate driveways with plenty of parking, a garage, and an enclosed three-season porch offering even more usable space.With strong rental potential, ample parking, a garage, and a move-in-ready condition, 59 Lancaster St checks the boxes that are hard to find in a multifamily property in a quiet location. Schedule your private showing and come see the opportunity for yourself! All separated utilities, public water and public sewer, making it even easier to maintain.

Highlights

Fireplace

Property details

MLS #
73563228
Property type
Multi Family
Subdivision
N/A
Status
Active
Days on market
13
On market date
August 13, 2026
Stories
3
Total bathrooms
2
Garage spaces
1
Parking spaces
6
Lot size
0.24 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Frances Drake School
0.64 mi away · Grades 0-5
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
490
Student:teacher ratio
11.4:1
District
Leominster
Middle
Samoset School
2.1 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
511
Student:teacher ratio
13.8:1
District
Leominster
High
Leominster Center for Excellence
1.27 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
5.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
47
Student:teacher ratio
9.4:1
District
Leominster

Mortgage calculator

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Est. monthly payment
$3,342/mo
$106,000 down
$423,999 loan
Principal & interest$2,750
Property tax (est.)$442
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 10 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.