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%
Multi-familyProperty Type
1860Year Built
0.49 acresLot Size
$112Price/Sq.Ft.
1 garage spacesParking
Listed by Michelle Peterson• Elm Grove Realty, LLC
Bought with Randy Hart• Hart Of New England Realty
Interior Features: Laundry Room, Pantry, Living Room, Kitchen, Sunroom
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: Y
Unit #4 Information
# of Levels: 1
# of Floors: 2
Lease: N
Exterior
Building Information
Building Area (Total): 4,468
Foundation Details: Stone, Brick/Mortar, Irregular
Construction Materials: Frame
Stories (Total): 5
Year Built Source: Public Records
Year Built Details: Renovated Since
Exterior Features
Roof: Shingle
Patio And Porch Features: Covered
Exterior Features: Fruit Trees
Property Information
PropertySubType: 5+ Family - 5+ Units Up/Down
Lot Information
Lot Size (Acres): 0.49
Lot Features: Easements, Gentle Sloping, Level
Road Frontage Type: Public
Road Responsibility: Public Maintained Road
Financial
Tax Information
Tax Annual Amount: $3,727.46
Tax Year: 2022
Utilities
Utility Information
Utilities: for Electric Range
Sewer: Public Sewer
Water Source: Public
Electric: 100 Amp Service
Heating & Cooling
Has Heating
Heating: Baseboard, Oil
Heating Units: 1
Location
Location Information
Directions: Rt 12 North, take rt onto Mill St, house is 2nd on left.
UnparsedAddress: 191-193 Mill 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: 7
Baths: 5.0
Sq. Ft.: 4,468
Stories: 2.0
Lot Size: 10,019 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1860
Year Renovated: —
County: Worcester County
APN: 3493273
Home facts updated by county records on Jul 20, 2023
Other
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 • 1.0mi
5/10
Murdock High School
Public 9-12 • Assigned • 1.0mi
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, 17 days in 30 years
4/10 Wind Factor
20% chance of strong winds in next 30 years
2/10 Air Factor
1 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.