Seller's Agent in 2023
Michelle Peterson
Elm Grove Realty, LLC
(978) 716-2109
73 in this area
137 Total Sales
191 Mill St Winchendon, MA 01475
10
Beds
5
Baths
4,468
Sq Ft
0.49
Acres
Highlights
- Medical Services
- Property is near public transit
- Covered Patio or Porch
- Fruit Trees
- Tennis Courts
- Jogging Path
About This Home
As of April 2023Group 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%
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,727
Year Built
- Built in 1860
Lot Details
- 0.49 Acre Lot
- Property fronts an easement
- Near Conservation Area
- Level Lot
- Irregular Lot
- Fruit Trees
Parking
- 1 Car Garage
- Shared Driveway
- Open Parking
- Off-Street Parking
Home Design
- Brick Foundation
- Stone Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 4,468 Sq Ft Home
- Insulated Windows
- Insulated Doors
Flooring
- Carpet
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 10 Bedrooms
- 5 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
- Dirt Floor
- Block Basement Construction
- Crawl Space
Outdoor Features
- Covered Patio or Porch
Location
- Property is near public transit
- Property is near schools
Utilities
- Heating Available
- 100 Amp Service
- Tankless Water Heater
Listing and Financial Details
- Total Actual Rent $5,100
- Rent includes unit 1(heat water hot water other (see remarks)), unit 2(heat water hot water other (see remarks)), unit 3(heat water hot water other (see remarks)), unit 4(heat water hot water other (see remarks))
- Tax Lot 100
Community Details
Overview
- 5 Units
- Property has 1 Level
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Tennis Courts
- Park
- Jogging Path
- Bike Trail
Building Details
- Electric Expense $1,036
- Insurance Expense $2,997
- Water Sewer Expense $4,352
- Operating Expense $16,450
- Net Operating Income $44,750
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/21/2023 04/21/23 | Sold | $500,000 | 0.0% | $112 / Sq Ft |
| 12/06/2022 12/06/22 | Pending | -- | -- | -- |
| 07/22/2022 07/22/22 | For Sale | $500,000 | -- | $112 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Michelle Peterson
-
Randy Hart
Buyer's Agent in 2023
Randy Hart
Hart Of New England Realty
(508) 662-0022
2 in this area
30 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73016266
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