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%
Sold for $500,000 on 04/21/23
$500,000
191-191 Mill St #193, Winchendon, MA 01475
10beds
4,468sqft
5+ Family - 5+ Units Up/Down
Built in 1860
-- sqft lot
$-- Zestimate®
$112/sqft
$2,602 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: April 22, 2023 at 06:56am
Listed by:
Michelle Peterson,
Elm Grove Realty, LLC
Bought with:
Randy Hart
Hart Of New England Realty
Source: MLS PIN,MLS#: 73016266
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Has Heating (Unspecified Type)
Features
- Kitchen
- Flooring: Vinyl, Carpet, Laminate
- Doors: Insulated Doors
- Windows: Insulated Windows
- Basement: Full,Crawl Space,Interior Entry,Dirt Floor,Concrete
- Has fireplace: No
Interior area
- Total structure area: 4,468
- Total interior livable area: 4,468 sqft
Property
Parking
- Total spaces: 10
- Parking features: Paved Drive, Shared Driveway, Off Street, Paved
- Garage spaces: 1
- Has uncovered spaces: Yes
Features
- Patio & porch: Covered
- Exterior features: Fruit Trees
Lot
- Size: 0.49 Acres
- Features: Easements, Gentle Sloping, Level
Details
- Zoning: R4
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5+ Family - 5+ Units Up/Down
Materials
- Frame
- Foundation: Stone, Brick/Mortar, Irregular
- Roof: Shingle
Condition
- Year built: 1860
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Electric Range
Community & neighborhood
Community
- 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
Location
- Region: Winchendon
HOA & financial
Other financial information
- Total actual rent: 5100
Other
Other facts
- Listing terms: Contract