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.

Property Details tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 3
  • Total Bedrooms: 4
  • Total Full Baths: 2
  • Total Fireplaces: 2
  • Amenities: Highway Access, Park, Shopping
  • Basement Features: Concrete Floor, Garage Access, Interior Access, Partial, Unfinished Basement
  • Common Rooms: Family Room, Kitchen, Living Room, Sunroom
  • Common Interior Features: Bathroom With Tub, Tile Floor
  • Common Appliances: Dishwasher, Dryer, Range, Refrigerator, Refrigerator - Wine Storage, Washer
  • Common Heating: Electric Baseboard, Oil, Radiant

Financial

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

Utilities

  • Heat Zones: 2
  • Electric Info: 110 Volts, On-Site
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 1
  • Levels: 2

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Construction

  • Year Built: 1860
  • Construction Type: Aluminum, Frame
  • Foundation Info: Concrete Block, Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Tile, Vinyl
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73563228
  • Last Updated: 08/24/26

Property History tap to expand

Date Event Price Price/Sq Ft Source
08/24/2026Contingent$529,999$241MLSPIN
08/17/2026Active$529,999$241MLSPIN
08/13/2026New$529,999$241MLSPIN
07/23/2026Temporarily Withdrawn$540,000$245MLSPIN
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: Dayane Couto, Invest Realty Group
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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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2026-08-24 22:25:00

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