Seller's Agent in 2023
Michelle Peterson
Elm Grove Realty, LLC
(603) 831-6933
132 Total Sales
12 Spruce St Winchendon, MA 01475
Winchendon Area
13
Beds
10
Baths
6,492
Sq Ft
0.43
Acre Lot
Highlights
- Medical Services
- Tennis Courts
- Park
- Property is near public transit and schools
- Jogging Path
- Laundry Room
About This Home
As of December 2023This well-maintained property is a fully occupied, turnkey 10-unit building near downtown Winchendon. It's Comprised of 3/2, and 7/1 bedroom units. An on-site coin-op laundry area and gated storage is available to all tenants. The property has plenty of off-street parking to accommodate, as well. The building has seen a large number of capital improvements, and cost-saving measures over the years including some upgraded windows to vinyl replacement, electrical upgrades, a newer Buderus heating system, newer flooring, and more. At current rents, a gross income of $129,000.00 with low operating expenses, makes this a great investment for someone looking for a stable building that produces a solid return. Current ROI is 9%. Email to schedule a tour at one of the listed group showings.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,188
Year Built
- Built in 1900
Lot Details
- 18,730 Sq Ft Lot
- Level Lot
- Cleared Lot
Home Design
- Block Foundation
- Frame Construction
- Rubber Roof
- Concrete Perimeter Foundation
- Marble or Granite Building Materials
Interior Spaces
- 6,492 Sq Ft Home
- Insulated Windows
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 13 Bedrooms
- 10 Full Bathrooms
Laundry
- Laundry Room
- Washer and Electric Dryer Hookup
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Parking
- 15 Car Parking Spaces
- Driveway
- Paved Parking
- Open Parking
- Off-Street Parking
Utilities
- 10 Heating Zones
- Heating Available
- Separate Meters
Additional Features
- Energy-Efficient Thermostat
- Property is near public transit and schools
Listing and Financial Details
- Total Actual Rent $10,750
- Rent includes unit 1(heat water hot water), unit 2(heat water hot water other (see remarks)), unit 3(heat electric water hot water other (see remarks)), unit 4(heat water hot water other (see remarks))
- Tax Lot 107
- Assessor Parcel Number 3493926
Community Details
Overview
- 10 Units
- Near Conservation Area
- Property has 1 Level
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Tennis Courts
- Park
- Jogging Path
- Bike Trail
Building Details
- Electric Expense $3,408
- Insurance Expense $7,479
- Water Sewer Expense $4,707
- Operating Expense $31,753
- Net Operating Income $94,277
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 16, 1988
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $420,000 | -- |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/01/2023 12/01/23 | Sold | $975,000 | -2.5% | $150 / Sq Ft |
| 09/19/2023 09/19/23 | Pending | -- | -- | -- |
| 09/12/2023 09/12/23 | For Sale | $1,000,000 | 0.0% | $154 / Sq Ft |
| 09/05/2023 09/05/23 | Pending | -- | -- | -- |
| 08/23/2023 08/23/23 | For Sale | $1,000,000 | -- | $154 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $9,702 | $825,700 | $230,000 | $595,700 |
| 2024 | $5,824 | $464,400 | $110,000 | $354,400 |
| 2023 | $6,188 | $461,800 | $110,000 | $351,800 |
| 2022 | $4,220 | $279,300 | $40,400 | $238,900 |
| 2021 | $4,123 | $262,300 | $36,800 | $225,500 |
| 2020 | $4,176 | $256,500 | $34,300 | $222,200 |
| 2019 | $4,188 | $250,600 | $31,800 | $218,800 |
| 2018 | $4,193 | $241,700 | $29,600 | $212,100 |
| 2017 | $5,220 | $290,500 | $85,000 | $205,500 |
| 2016 | $5,063 | $290,500 | $85,000 | $205,500 |
| 2015 | $4,857 | $290,500 | $85,000 | $205,500 |
| 2014 | $4,743 | $297,200 | $85,000 | $212,200 |
Source: Public Records
Agents Affiliated with this Home
-
Michelle Peterson
-
Todor Lalamov
Buyer's Agent in 2023
Todor Lalamov
eXp Realty LLC
(857) 222-0707
18 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73151760
APN: WINC M:5B2 B:0 L:107
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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
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