$560,000
4
Beds
2
Baths
2,202
Living Area
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Property Description
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.
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Highlights
- Cooling: Window Unit(s)
- Levels: 3
- Property Class: Residential Income
- Stories: 3
- Year Built: 1860
- Heating: Oil
- Parking Spots: 6
- Property Type: Multi Family
- Total Rooms: 8
- Status: Closed
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Additional Details
- Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer, Wine Refrigerator
- Construction: Frame
- Flooring: Tile, Vinyl
- Interior Features: Bathroom With Tub, Living Room, Kitchen, Sunroom, Family Room
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: Rc
- Basement: Partial, Interior Entry, Garage Access, Concrete, Unfinished
- Fireplaces: 2
- Foundation: Block, Stone
- Lot Features: Corner Lot
- Roof: Shingle
- Total Number of Units: 2
- Year Built Source: Public Records
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Amenities
- Community Features: Shopping, Park, Highway Access
- Parking Features: Paved Drive, Off Street, Paved, Unpaved
- Covered Parking Spaces: 1
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Utilities
- Electric: 110 Volts
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $482,200
- Tax Year: 2026
- Total Rent: $4,500
- Rental Fee Includes: Unit 1(Water), Unit 2(Water)
- Taxes: $6,587
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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of Keller Williams Realty North Central.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.