$465,000
8
Beds
4
Baths
3,891
Living Area
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Property Description
Great investment opportunity fully rented 4-family property offering 16 total rooms and 8 bedrooms. The building includes two first-floor apartments, four full bathrooms, and two spacious 3-bedroom units. One unit features an enclosed porch for added space. All units are heated by individual propane systems and have separate utilities. Coin-operated washer/dryer hookups only are in the basement. Off-street parking available. Current annual income exceeds $38,000, with tenants paying for all utilities except water and sewer. All units are occupied with one-year leases, which may be voided upon sale. Property has been owned by the same family for 45 years and is being sold as is. Solid income-producing assets with long-term ownership and strong rental history. Close to downtown offers a small-town experience with a mix of casual dining, local shops, community events, Winchendon Common Park with Performing Arts Amphitheater, paved walk/cycling trail.
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Highlights
- Heating: Propane, Leased Propane Tank
- Parking Spots: 4
- Property Type: 4 Family
- Total Rooms: 16
- Status: Closed
- Levels: 3
- Property Class: Residential Income
- Stories: 3
- Year Built: 1900
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Additional Details
- Appliances: Range
- Construction: Frame
- Foundation: Stone
- Road Frontage Type: Public
- Total Number of Units: 4
- Year Built Source: Public Records
- Basement: Full
- Flooring: Wood
- Interior Features: Living Room, Kitchen
- SqFt Source: Public Record
- Year Built Details: Approximate
- Zoning: Pd
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Amenities
- Community Features: Shopping, Pool, Golf, Laundromat, Bike Path, House of Worship, Private School, Public School
- Parking Features: Paved Drive, Off Street
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $269,600
- Tax Year: 2025
- Total Rent: $4,100
- Rental Fee Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
- Taxes: $3,168
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Listing information provided courtesy of Foster-Healey Real Estate.
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