59 Lancaster St, Leominster, MA 01453
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$540,000
2 Unit
4 Beds
2 Baths
2202 SQFT
0.24 Acre

Property Description

Two-family investment opportunity offering strong potential for both investors and owner-occupants. Each unit provides comfortable living space with functional layouts and good room sizes. The living room features a classic fireplace and beamed ceiling, adding character and charm. Property includes separate driveways, providing convenient off-street parking for each unit. Enclosed three-season porch offers additional usable space. Ideal for those looking to generate rental income or offset a mortgage. Conveniently located near shopping, local amenities, and commuter routes. Recording device on Unit 1.Seller is firm on the price.

Property Details tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 3
  • Total Bedrooms: 4
  • Total Full Baths: 2
  • Total Fireplaces: 3
  • Amenities: Conservation Area, Highway Access, House of Worship, Laundromat, Medical Facility, Park, Public School, Public Transportation, Shopping, Walk/Jog Trails
  • Basement Features: Garage Access, Interior Access, Unfinished Basement
  • Common Rooms: Kitchen, Living Room
  • Common Interior Features: Tile Floor
  • Common Appliances: Dishwasher, Range, Refrigerator
  • Common Heating: Electric Baseboard, Oil, Radiant
  • Common Cooling: None

Financial

  • APOD Available: No
  • Gross Operating Income: 21000
  • Net Operating Income: 21000

Utilities

  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 2

Construction

  • Year Built: 1860
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Flooring Type: Tile, Vinyl
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73498048
  • Last Updated: 05/14/26

Property History tap to expand

Date Event Price Price/Sq Ft Source
05/14/2026Active$540,000$245MLSPIN
05/10/2026Price Change$540,000$245MLSPIN
04/12/2026Active$559,900$254MLSPIN
04/08/2026New$559,900$254MLSPIN

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Seller's Representative: Marcia Williams, Simple Key Realty Inc.
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2026-05-14 03:05:00