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191-193 Mill St Winchendon, MA 01475
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Key Details
Sold Price $500,000
Property Type Multi-Family
Sub Type 5+ Family - 5+ Units Up/Down
Listing Status Sold
Purchase Type For Sale
Square Footage 4,468 sqft
Price per Sqft $111
MLS Listing ID 73016266
Sold Date 04/21/23
Bedrooms 10
Full Baths 5
Year Built 1860
Annual Tax Amount $3,727
Tax Year 2022
Lot Size 0.490 Acres
Acres 0.49
Property Description
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%
Location
State MA
County Worcester
Zoning R4
Direction Rt 12 North, take rt onto Mill St, house is 2nd on left.
Rooms
Basement Full, Crawl Space, Interior Entry, Dirt Floor, Concrete
Interior
Interior Features Unit 2(Pantry), Unit 1 Rooms(Living Room, Kitchen, Sunroom), Unit 2 Rooms(Living Room, Kitchen), Unit 3 Rooms(Living Room, Kitchen), Unit 4 Rooms(Living Room, Kitchen)
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 Vinyl, Carpet, Laminate
Appliance Washer, Dryer, Unit 1(Range, Refrigerator, Vent Hood), Unit 2(Range, Refrigerator, Vent Hood), Unit 3(Range, Refrigerator), Unit 4(Range, Refrigerator), Tankless Water Heater, Utility Connections for Electric Range
Laundry Laundry Room
Exterior
Exterior Feature Fruit Trees
Garage Spaces 1.0
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 Electric Range
Waterfront false
Roof Type Shingle
Parking Type Paved Drive, Shared Driveway, Off Street, Paved
Total Parking Spaces 10
Garage Yes
Building
Lot Description Easements, Gentle Sloping, Level
Story 9
Foundation Stone, Brick/Mortar, Irregular
Sewer Public Sewer
Water Public
Others
Acceptable Financing Contract
Listing Terms Contract
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Bought with Randy Hart • Hart Of New England Realty
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