NOT LISTED FOR SALE

162 Pleasant St Winchendon, MA 01475

6 Beds
4 Baths
3,048 Sq Ft
0.25 Acres

Last Sold February 04, 2022

Last sale price $340,000 $112 Per Sq Ft

31 Days on Market

About This Home

As of February 2022

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.

Last Agent to Sell the Property

Michelle Peterson

Elm Grove Realty, LLC Listed on: 11/26/2021

Last Buyer's Agent

Michelle Peterson

Elm Grove Realty, LLC Listed on: 11/26/2021

Property Details

Home Type

  • Multi-Family

Year Built

  • 1900

Lot Details

  • 0.25

Interior Spaces

  • Property has 1 Level

Property Details

Home Type

Multi-Family

Year Built

1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 4 Family - 4 Units Up/Down
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Directions: Corner of Pleasant St and Grove St. Kiddie corner to Brooks Automotive.
  • Garage Yn: No
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Year Built Details: Actual
  • Special Features: None
  • Year Built: 1900

Interior Features

  • Appliances: Unit 1(Range,Microwave,Refrigerator), Unit 2(Range,Refrigerator), Unit 3(Range,Microwave,Refrigerator), Unit 4(Range,Microwave,Refrigerator), Electric Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Dryer, Utility Connections Varies per Unit
  • Has Basement: Partial, Bulkhead, Dirt Floor, Unfinished
  • Total Bathrooms: 4
  • MAIN LO: AN2024
  • LIST PRICE PER Sq Ft: 123.03
  • PRICE PER Sq Ft: 111.55
  • MAIN SO: AN2024
  • Full Bathrooms: 4
  • Total Bedrooms: 6
  • Door Features: Insulated Doors
  • Fireplace: No
  • Flooring: Wood,Carpet,Laminate
  • Interior Amenities: Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen), Unit 3 Rooms(Living Room,Kitchen), Unit 4 Rooms(Living Room,Kitchen)
  • Stories: 6
  • Window Features: Insulated Windows

Exterior Features

  • Roof: Rubber
  • Exterior Features: Storage
  • Foundation Details: Block, Stone, Brick/Mortar, Irregular
  • Construction Type: Frame, Post & Beam
  • Disclosures: Town Records Show As A 3 Fam, 11 Rooms/5 Bdrms. Landlord Pays Electric For Both Studios. Units 1, 3, And 4 Taw.
  • Lot Features: Corner Lot, Cleared, Level
  • Patio And Porch Features: Porch, Deck
  • Waterfront: No

Garage/Parking

  • Parking Features: Off Street, Stone/Gravel
  • Total Parking Spaces: 8

Utilities

  • Cooling: Unit 1(Window AC), Unit 2(Window AC), Unit 3(Window AC), Unit 4(Window AC)
  • Heating: Unit 1(Electric Baseboard,Electric), Unit 2(Electric Baseboard,Electric,Pellet Stove), Unit 3(Electric Baseboard,Electric,Pellet Stove), Unit 4(Electric Baseboard,Electric)
  • COOLING ZONES: 0
  • Cooling Y N: Yes
  • Electric: 100 Amp Service, Individually Metered
  • Heating Yn: Yes
  • Laundry Features: Washer Hookup
  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Dryer, Washer Hookup, Varies per Unit
  • Water Source: Public

Condo/Co-op/Association

  • 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
  • HOA Rent Includes: Unit 1(Electric,Water,Hot Water,Other (See Remarks)), Unit 2(Water,Other (See Remarks)), Unit 3(Water,Other (See Remarks)), Unit 4(Electric,Water,Hot Water,Other (See Remarks))

Schools

  • Elementary School: Memorial
  • High School: Murdock High
  • Middle Or Junior School: Murdock Middle

Lot Info

  • LOT SIZE: 10890
  • PAGE: 42
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 10890
  • Zoning: PD

Multi Family

  • LEVELS 1: 1
  • LEVELS 4: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 3: N
  • LEASE 2: Y
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 4: 2
  • FLRS 3: 2
  • FLRS 2: 1
  • Electric Expense: 2000
  • Annual Gross Income: 37200
  • Property Net Operating Income: 37200
  • Number Of Units Total: 4
  • Annual Operating Expense: 2000
  • Total Actual Rent: 3100

Tax Info

  • Tax Annual Amount: 2227.52
  • Tax Block: 0
  • Tax Book Number: 53940
  • Tax Lot: 14
  • Tax Map Number: 5B3
  • Tax Year: 2021

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2022 02/04/22 Sold $340,000 -9.3% $112 / Sq Ft
12/28/2021 12/28/21 Pending -- -- --
11/26/2021 11/26/21 For Sale $375,000 +1342.3% $123 / Sq Ft
06/30/2015 06/30/15 Sold $26,000 -74.1% $9 / Sq Ft
05/31/2015 05/31/15 Pending -- -- --
12/29/2014 12/29/14 For Sale $100,500 -- $33 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72923002

MLS Property Information Network (MLS PIN)

APN: WINC M:5B3 B:0 L:14