Sold

49 Spruce St, Winchendon, MA

Winchendon · MA 01475

$400,000
Price
7
Beds
4
Baths
4447
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1900
Units: 4 Units
Lot size: 9,583 Sq.Ft Lot
Price per square foot: $90 / Sq.Ft
Parking: 1 Garage Space · 6 Off Street Spaces

About this home

Highest and best due 4/25 by noon.. This investment property is a turnkey 4 unit building on a beautiful side street near downtown Winchendon. Its Comprised of 2/1, 2/1, 2/1, 1/1. apartments, and has the potential of bringing in market monthly rents of over $4k per month. The building has seen a large number of capital improvements over the years and cost saving measures including, upgraded windows to vinyl replacement, electrical upgrades, newer kitchens, bath, newer decks, and much more. While room for additional income exists due to low market rents, a gross income of $41K with low operating expenses, makes this a great investment for someone looking for a stable building that produces a solid return. Current ROI is .08%. Tenants pay for heat and electric.

Neighborhood & Transit

49 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:
1468 days
Listing Price:
$400,000
Price per Sq.Ft:
$90
Tax Assessment:
$211,300 in 2021
Taxes:
$266 / Monthly

Home Facts

Interior Features

Bedrooms
7
Full Bathrooms
4
Half Bathrooms
0
Living Area
4,447 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
Unknown

Exterior Features

Lot Size
9,583 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
1 Parking Space
Off Street Parking
6 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 #
72969474
Disclosure
An electric house meter will be installed prior to closing. Apt #3 has security cameras in each room.