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$975,000
13
Beds
10
Baths
6,492
Living Area
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Property Description
This well-maintained property is a fully occupied, turnkey 10-unit building near downtown Winchendon. It's Comprised of 3/2, and 7/1 bedroom units. An on-site coin-op laundry area and gated storage is available to all tenants. The property has plenty of off-street parking to accommodate, as well. The building has seen a large number of capital improvements, and cost-saving measures over the years including some upgraded windows to vinyl replacement, electrical upgrades, a newer Buderus heating system, newer flooring, and more. At current rents, a gross income of $129,000.00 with low operating expenses, makes this a great investment for someone looking for a stable building that produces a solid return. Current ROI is 9%. Email to schedule a tour at one of the listed group showings.
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Highlights
- Heating: Baseboard, Oil, Unit 1(Hot Water Baseboard, Oil), Unit 2(Hot Water Baseboard, Oil), Unit 3(Hot Water Baseboard, Oil), Unit 4(Hot Water Baseboard, Oil)
- Property Class: Residential Income
- Total Rooms: 33
- Status: Closed
- Parking Spots: 15
- Property Type: 5-9 Family
- Year Built: 1900
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Additional Details
- Appliances: Unit 1(Range, Refrigerator), Unit 2(Range, Refrigerator), Unit 3(Range, Refrigerator), Unit 4(Range, Refrigerator), Utility Connections for Electric Range, Utility Connections for Electric Dryer
- Construction: Frame
- Foundation: Concrete Perimeter, Block, Granite
- Lot Features: Cleared, Gentle Sloping, Level
- Roof: Rubber
- Year Built Details: Renovated Since
- Zoning: R4
- Basement: Full, Walk-Out Access, Concrete, Unfinished
- Flooring: Vinyl, Carpet, Vinyl / VCT
- Interior Features: Unit 1(Storage, Bathroom With Tub & Shower), Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Kitchen), Unit 3 Rooms(Living Room, Kitchen), Unit 4 Rooms(Living Room, Kitchen)
- Road Frontage Type: Public
- Total Number of Units: 10
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, House of Worship, Private School, Public School
- Parking Features: Paved Drive, Off Street, Paved
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Utilities
- Electric: Circuit Breakers, Common, Individually Metered, Varies per Unit
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $461,800
- Compensation Based On: Net Sale Price
- Rental Fee Includes: Unit 1(Heat, Water, Hot Water), Unit 2(Heat, Water, Hot Water, Other (See Remarks)), Unit 3(Heat, Electric, Water, Hot Water, Other (See Remarks)), Unit 4(Heat, Water, Hot Water, Other (See Remarks))
- Taxes: $6,188
- Buyer Agent Compensation: 2.25%
- Facilitator Compensation: 1%
- Tax Year: 2023
- Total Rent: $10,750
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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 Four Points Real Estate, LLC.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
