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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.

More Info

Basic Information

  • Gross Income $21,000
  • Lot Features Corner Lot
  • Mls StatusNew
  • Parcel Number M:0093 B:0018 L:0000,1578966
  • Rent Includes Unit 1(Water), Unit 2(Water)

Tax Information

  • Tax Assessed Value $482,200
  • Tax Year 2026
  • Taxes$6,587

Parking

  • Covered Spaces 1
  • Garage YN Yes
  • Open Parking YN Yes
  • Parking Features Paved Drive, Off Street, Paved, Unpaved
  • Parking Spaces6

Rooms

  • Bathroom2
  • Bathrooms Total Decimal 2
  • Bedrooms4
  • Full Bath2

Basic Information

  • List Price$529,999
  • MLS Number73563228
  • Modification Date08/13/2026
  • Property SubTypeMulti Family
  • Virtual TourView Tour

Location

  • Address59 Lancaster Street
  • Building Number59
  • CountyWorcester
  • StateMA
  • StreetLancaster Street
  • TownLeominster
  • Zip01453

Building

  • BasementPartial, Interior Entry, Garage Access, Concrete, Unfinished
  • Building Area Units Square Feet
  • Construction Materials Frame
  • FireplaceYes
  • Fireplaces Total 2
  • FoundationBlock, Stone
  • Garage Spaces1
  • Levels 3
  • Patio And Porch Features Enclosed
  • Rooms8
  • Stories3
  • Units2
  • Year Built1860
  • Year Built Details Actual
  • Year Built Source Public Records

Property

  • Acreage0.24

Interior

  • Flooring Tile, Vinyl
  • Interior Features Bathroom With Tub, Living Room, Kitchen, Sunroom, Family Room

Exterior

  • RoofShingle

Utilities

  • Cooling Window Unit(s)
  • Cooling YN Yes
  • Electric 110 Volts
  • Heat SystemYes
  • Heating Oil
  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 2,202
  • Lot Size Square Feet 10,590
  • Lot Size Units Acres
  • Square Feet2,202

Amenities

  • AmenitiesShopping, Park, Highway Access
  • Appliances IncludedRange, Dishwasher, Refrigerator, Washer, Dryer, Wine Refrigerator
  • Other AmenitiesBasement, Fireplace

Other

  • Date Listed08/13/2026
  • Farm Land Area Units Square Feet

Map Location

Driving Directions

Listed by Dayane Couto of Invest Realty Group

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