Sold

191-193 Mill St, Winchendon, MA

Winchendon · MA 01475

$500,000
Price
10
Beds
5
Baths
4468
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1860
Units: 5 Units
Lot size: 0.49 Acre Lot
Price per square foot: $112 / Sq.Ft
Parking: 1 Garage Space · 10 Off Street Spaces

About this home

Group tour Sunday 11/20 at 11 a.m. This investment property is a turnkey, 5 unit building near down town Winchendon. It comes fully occupied with all tenants, 4 of which are in current leases. It is Comprised of 3/1, 3/1, 2/1, 1/1, 1/1, and a rented large 1 car garage/storage space. This building also has a coin operated laundry area and a front entry where interior mailboxes are located. This building has seen a large number of capital improvements and costs saving measures over the years including newer roof on the main house, vinyl siding, updated windows to vinyl replacement, unit renovations, newer Buderus boiler, updated electrics, new hall carpeting/and painting is being finished this week, and much more. This property is a great investment for someone looking for a stable building that produces a solid return. With a gross income just over $61,000.00 and low operating expenses, this is sure to turn a profit for any investor. Current ROI 9%

Neighborhood & Transit

191-193 Mill 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:
1292 days
Listing Price:
$500,000
Price per Sq.Ft:
$112
Tax Assessment:
$246,700 in 2022
Taxes:
$311 / Monthly

Home Facts

Interior Features

Bedrooms
10
Full Bathrooms
5
Half Bathrooms
0
Living Area
4,468 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
4468
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
100 Amps

Exterior Features

Lot Size
21,344 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
1 Parking Space
Off Street Parking
10 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Shingles, 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 #
73016266
Disclosure
Agent is related to 2 of the selling entities and has interest in the properties management. Two parcels; tax cards state .23 and .36 for total acreage, two tax bills. Ma.gov lead safe homes shows final inspection deleaded on all units in 2006, seller has no certs