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12 Spruce St, Winchendon, MA

Winchendon · MA 01475

$975,000
Price
13
Beds
10
Baths
6492
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1900
Units: 10 Units
Lot size: 0.43 Acre Lot
Price per square foot: $154 / Sq.Ft
Parking: 15 Off Street Spaces

About this home

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.

Neighborhood & Transit

12 Spruce St, Winchendon · MA 01475

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

No subway or commuter rail stations within 0.5 mile.

Price Insight

Days on Market:
1168 days
Listing Price:
$1,000,000
Price per Sq.Ft:
$154
Tax Assessment:
$461,800 in 2023
Taxes:
$516 / Monthly

Home Facts

Interior Features

Bedrooms
13
Full Bathrooms
10
Half Bathrooms
0
Living Area
6,492 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
6492
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Circuit Breakers, Other (See Remarks), Individually Metered, Varies per Unit, 400 Amps

Exterior Features

Lot Size
18,730 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
15 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Vinyl
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Michelle Peterson
Listing office
Elm Grove Realty, LLC
MLS PIN #
73151760
Disclosure
The selling agent is related to two of the owning entities, and has vested interest in the property. Owner pays for electric for unit #3 & #. Seller reserves the right to accept an offer at any time. Waiting on rent increase approval on apt #1 from rcap.