Sold

409 Spring, Winchendon, MA

Winchendon · MA 01475

$425,000
Price
8
Beds
5
Baths
3128
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1880
Units: 5 Units
Lot size: 0.37 Acre Lot
Price per square foot: $136 / Sq.Ft
Parking: 10 Off Street Spaces

About this home

This investment property is a turnkey, 5 unit building in a great location for commuters and is located directly across from Winchendon/Gardner rail trail. It comes fully occupied with all tenants, 4 of which are in current leases. It is Comprised of 3/1, 2/1, 1/1, 1/1, 1/1. This building has seen a large number of capital improvements and costs saving measures over the years including newer roof, vinyl siding, updated windows to vinyl replacement, unit renovations, newer Buderus boiler, 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 $58,000.00 and low operating expenses, this is sure to turn a profit for any investor. Current ROI 10%

Neighborhood & Transit

409 Spring, 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:
1468 days
Listing Price:
$425,000
Price per Sq.Ft:
$136
Tax Assessment:
$182,500 in 2022
Taxes:
$233 / Monthly

Home Facts

Interior Features

Bedrooms
8
Full Bathrooms
5
Half Bathrooms
0
Living Area
3,128 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
Unknown
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
16,117 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
10 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 #
73014536
Disclosure
Agent is closely related to 2 of the selling entities and has interest in the properties management.