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409 Spring Winchendon, MA 01475
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Key Details
Sold Price $425,000
Property Type Multi-Family
Sub Type 5+ Family - 5+ Units Up/Down
Listing Status Sold
Purchase Type For Sale
Square Footage 3,128 sqft
Price per Sqft $135
MLS Listing ID 73014536
Sold Date 10/05/22
Bedrooms 8
Full Baths 5
Year Built 1880
Annual Tax Amount $2,798
Tax Year 2022
Lot Size 0.370 Acres
Acres 0.37
Property Description
This investment property is a turnkey, 5 unit building in a great location for commuters and is located directly across from Winchendon/Gardner rail trail. It comes fully occupied with all tenants, 4 of which are in current leases. It is Comprised of 3/1, 2/1, 1/1, 1/1, 1/1. This building has seen a large number of capital improvements and costs saving measures over the years including newer roof, vinyl siding, updated windows to vinyl replacement, unit renovations, newer Buderus boiler, 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 $58,000.00 and low operating expenses, this is sure to turn a profit for any investor. Current ROI 10%
Location
State MA
County Worcester
Zoning C1
Direction Located on Rt 12 directly across from Grout Family Memorial Park
Rooms
Basement Full, Walk-Out Access, Sump Pump, Concrete, Unfinished
Interior
Interior Features Unit 1(Bathroom With Tub & Shower), Unit 2(Upgraded Cabinets, Bathroom With Tub & Shower), Unit 3(Bathroom With Tub & Shower), Unit 4(Bathroom With Tub & Shower), Unit 1 Rooms(Living Room, Kitchen, Sunroom), Unit 2 Rooms(Living Room, Kitchen, Office/Den, Sunroom), Unit 3 Rooms(Living Room, Kitchen), Unit 4 Rooms(Living Room, Kitchen, Mudroom)
Heating Unit 1(Hot Water Baseboard, Oil), Unit 2(Hot Water Baseboard, Oil), Unit 3(Hot Water Baseboard, Oil), Unit 4(Hot Water Baseboard, Oil)
Flooring Tile, Vinyl, Carpet, Unit 2(Wall to Wall Carpet), Unit 3(Wall to Wall Carpet), Unit 4(Wall to Wall Carpet)
Appliance Washer, Dryer, Unit 1(Range, Refrigerator, Vent Hood), Unit 2(Range, Dishwasher, Microwave), Unit 3(Range, Refrigerator), Unit 4(Range, Refrigerator, Vent Hood), Tank Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Dryer
Exterior
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
Utilities Available for Gas Range, for Electric Dryer
Waterfront false
Roof Type Shingle, Rubber
Parking Type Off Street, Stone/Gravel, Unpaved
Total Parking Spaces 10
Garage No
Building
Lot Description Corner Lot, Cleared, Level
Story 8
Foundation Concrete Perimeter, Granite
Sewer Public Sewer
Water Public
Others
Acceptable Financing Contract
Listing Terms Contract
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Bought with Douglas Tammelin • Coldwell Banker Realty - Leominster
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