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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

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    $3,142/mo

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    What's special

    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%

    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