This investment property is a turnkey 4 unit building near downtown Winchendon. Its Comprised of 2 three bdrm apartments, and 2 studios, with an average monthly rent of $800.00. This property has a stable tenant base with long term tenants. The building has seen a large number of capital improvements over the years and costs saving measures including vinyl siding, upgraded windows to vinyl replacement, unit renovations, sill and foundation work, electrical upgrades, and much more. While room for additional income exists, a gross income of $37,000.00 and low operating expenses, makes this is a great investment for someone looking for a stable building that produces a solid return. Cash or Conventional only as this property is fully rented. All units separatly metered.
Multi-familyProperty Type
1900Year Built
0.25 acresLot Size
$179Est. Price/Sq.Ft.
8 spacesParking
Listed by Michelle Peterson• Elm Grove Realty, LLC
Bought with Michelle Peterson• Elm Grove Realty, LLC
Drastic Price Reduction! Calling all investors! We are now offering an increased incentive to the buyer at closing of $1000. Buyer to perform all due diligence regarding subject's legal use. Property consists of two large two bedroom units, one studio unit and office space. Large lot located on corner lot. Large 3 units family home with potential for a 4th unit. Property consists of two large 2 bedrooms units, one studio unit and office space. House is on a large lot located on a corner. Property needs work. Pre-approval or proof of funds with offers.
MLS PIN #70052930
Sep 7, 2004
Sold
$212,000
$70/sq ft
Jul 19, 2004
Listing Removed
—
Jun 21, 2004
Listed
$209,900
$69/sq ft
Rare opportunity. 3-family of 5/3, 5/3 and 3/1. First floor apartment is great for owner occupancy. New rubber roof, windows, large yard. Corner lot. Close to schools, shopping. Nice apartments.
MLS PIN #30642943
Nov 14, 2002
Sold
$82,500
$27/sq ft
Oct 7, 2002
Listing Removed
—
Sep 5, 2002
Listed
$80,000
$26/sq ft
Public Records
Feb 10, 1987
Sold
$104,000
$34/sq ft
Year
Property tax
Land + Additions
Assessment*
2023
$3,839 (+62.9%)
$30,000 + $256,500
$286,500
2022
$2,357 (+5.8%)
$37,800 + $118,200
$156,000
2021
$2,228 (+0.4%)
$34,400 + $107,300
$141,700
2020
$2,219 (−0.8%)
$32,100 + $104,200
$136,300
2019
$2,237 (−2.2%)
$29,700 + $104,200
$133,900
2018
$2,288 (−6.8%)
$27,700 + $104,200
$131,900
2017
$2,456 (+5.5%)
$32,500 + $104,200
$136,700
2016
$2,329 (+4.3%)
$30,900 + $102,700
$133,600
2015
$2,234 (+5.8%)
$30,900 + $102,700
$133,600
2014
$2,112 (−0.4%)
$32,700 + $99,600
$132,300
2013
$2,120 (−4.8%)
$34,800 + $107,200
$142,000
2012
$2,226 (+2.4%)
$37,900 + $109,400
$147,300
2011
$2,174 (−2.4%)
$40,200 + $114,400
$154,600
2010
$2,228 (+0.3%)
$40,200 + $128,600
$168,800
2009
$2,221
$40,200 + $142,900
$183,100
Tax history for 162 Pleasant St
Year
Property tax
Land + Additions
Assessment*
2023
$3,839 (+62.9%)
$30,000 + $256,500
$286,500
2022
$2,357 (+5.8%)
$37,800 + $118,200
$156,000
2021
$2,228 (+0.4%)
$34,400 + $107,300
$141,700
2020
$2,219 (−0.8%)
$32,100 + $104,200
$136,300
2019
$2,237 (−2.2%)
$29,700 + $104,200
$133,900
2018
$2,288 (−6.8%)
$27,700 + $104,200
$131,900
2017
$2,456 (+5.5%)
$32,500 + $104,200
$136,700
2016
$2,329 (+4.3%)
$30,900 + $102,700
$133,600
2015
$2,234 (+5.8%)
$30,900 + $102,700
$133,600
2014
$2,112 (−0.4%)
$32,700 + $99,600
$132,300
2013
$2,120 (−4.8%)
$34,800 + $107,200
$142,000
2012
$2,226 (+2.4%)
$37,900 + $109,400
$147,300
2011
$2,174 (−2.4%)
$40,200 + $114,400
$154,600
2010
$2,228 (+0.3%)
$40,200 + $128,600
$168,800
2009
$2,221
$40,200 + $142,900
$183,100
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Laundry Features: Electric Dryer Hookup, Washer Hookup
Interior Features
# of Rooms (Total): 13
Door Features: Insulated Doors
Window Features: Insulated Windows
Flooring: Wood, Carpet, Laminate
Interior Features: Living Room, Kitchen
Unit #1 Information
# of Levels: 1
# of Floors: 1
Lease: N
Unit #2 Information
# of Levels: 1
# of Floors: 1
Lease: Y
Unit #3 Information
# of Levels: 1
# of Floors: 2
Lease: N
Unit #4 Information
# of Levels: 1
# of Floors: 2
Lease: N
Exterior
Building Information
Building Area (Total): 3,048
Foundation Details: Block, Stone, Brick/Mortar, Irregular
Construction Materials: Frame, Post & Beam
Stories (Total): 4
Year Built Source: Public Records
Year Built Details: Actual
Exterior Features
Roof: Rubber
Patio And Porch Features: Porch, Deck
Property Information
PropertySubType: 4 Family - 4 Units Up/Down
Other Structures: Shed(s)
Lot Information
Lot Size (Acres): 0.25
Lot Features: Corner Lot, Cleared, Level
Road Surface Type: Paved
Road Frontage Type: Public
Road Responsibility: Public Maintained Road
Financial
Tax Information
Tax Annual Amount: $2,227.52
Tax Year: 2021
Utilities
Utility Information
Utilities: for Electric Range, for Electric Dryer, Washer Hookup, Varies per Unit
Sewer: Public Sewer
Water Source: Public
Electric: 100 Amp Service, Individually Metered
Heating & Cooling
Has Heating
Has Cooling
Heating: Electric, Pellet Stove
Heating Units: 0
Cooling: Window Unit(s)
Cooling Units: 0
Location
Location Information
Directions: Corner of Pleasant St and Grove St. Kiddie corner to Brooks Automotive.
UnparsedAddress: 162 Pleasant St, Winchendon MA 01475
Community Information
Senior CommunityYN: No
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
Public facts
Beds: 6
Baths: 4.0
Sq. Ft.: 3,048
Stories: 2.0
Lot Size: 0.25 acres
Style: Multi-Family (5+ Unit)
Year Built: 1900
Year Renovated: 1945
County: Worcester County
APN: 3494230
Home facts updated by county records on Jul 20, 2023
Other
Miscellaneous Information
Heat Zones: 0
Listing Information
StandardStatus: Closed
Around this home
Schools
Toy Town Elementary School
Public 3-5 • Assigned • 0.2mi
4/10
Murdock Middle School
Public 6-8 • Assigned • 0.9mi
5/10
Murdock High School
Public 9-12 • Assigned • 0.9mi
3/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
3/10 Heat Factor
7 days above 91° expected this year, 18 days in 30 years
4/10 Wind Factor
20% chance of strong winds in next 30 years
2/10 Air Factor
0 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Winchendon, MA • 01475
Average low and high temperatures (°F)
27
12
30
14
46
27
56
36
65
46
76
55
80
60
77
54
71
49
59
39
46
31
33
18
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.7 hours in
June and 4.1 hours in December, placing it below the
U.S. average for solar exposure.