NOT LISTED FOR SALE

92 Maple St Winchendon, MA 01475

9 Beds
7 Baths
5,084 Sq Ft
10,454 Sq Ft Lot

Last Sold July 08, 2022

Last sale price $450,000 $89 Per Sq Ft

4 Days on Market

Highlights

  • Medical Services
  • Property is near public transit
  • Corner Lot
  • Deck
  • Post and Beam
  • Tennis Courts

About This Home

As of July 2022

Highest and best due 4/25 by noon. this property is a turnkey 5 unit building near downtown Winchendon. Its Comprised of 3/1, 2/1, 2/1, 1/1. 1/1, apartments, and has the potential of bringing in market monthly rents of over $5k per month. This property has a mixture of long term tenants and new. 2 units have been remodeled and are being left vacant for owner occupancy potential. The building has seen a large number of capital improvements over the years and cost saving measures including, some upgraded windows to vinyl replacement, electrical upgrades, new roof, Mass save insulation program, and much more. While room for additional income exists, a gross income of $58,000.00 with low operating expenses, makes this a great investment for someone looking for a stable building that produces a solid return. Current ROI is 10%. Property has extra unfinished space that with town approval may be able to house more units. building offers coin op laundry area.

Last Listed By

Michelle Peterson

Elm Grove Realty, LLC Listed on: 04/20/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,258

Year Built

  • Built in 1900 | Remodeled

Lot Details

  • 10,454 Sq Ft Lot
  • Near Conservation Area
  • Corner Lot
  • Level Lot

Home Design

  • 5,084 Sq Ft Home
  • Post and Beam
  • Stone Foundation
  • Frame Construction
  • Shingle Roof
  • Rubber Roof

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 7 Full Bathrooms

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Dirt Floor
  • Block Basement Construction

Parking

  • 10 Car Parking Spaces
  • Stone Driveway
  • Off-Street Parking

Outdoor Features

  • Deck
  • Enclosed patio or porch

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Heating Available
  • Separate Meters
  • 100 Amp Service
  • Electric Water Heater

Listing and Financial Details

  • Total Actual Rent $4,850
  • Rent includes unit 1(water), unit 2(water), unit 3(water), unit 4(water)
  • Tax Lot 284
  • Assessor Parcel Number 3493659

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 $1,080
  • Insurance Expense $3,884
  • Water Sewer Expense $915
  • Operating Expense $8,759
  • Net Operating Income $49,441

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,258

Year Built

Built in 1900 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5-9 Family
  • Property Condition: Unit 1 Remodeled
  • Year Built: 1900
  • Buyer Agency: 2.00
  • Buyer Agency Type: %
  • Transaction Broker: 1
  • Transaction Broker Type: %
  • Year Built Details: Renovated Since
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 7

Interior Features

  • Flooring: Vinyl,Carpet, Unit 1(undefined)
  • Interior Amenities: Unit 1(Upgraded Cabinets,Bathroom With Tub & Shower), Unit 2(Upgraded Cabinets,Upgraded Countertops,Bathroom With Tub & Shower), Unit 1 Rooms(Living Room,Kitchen,Mudroom), Unit 2 Rooms(Living Room,Dining Room,Kitchen), Unit 3 Rooms(Living Room,Dining Room,Kitchen), Unit 4 Rooms(Living Room,Kitchen)
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Refrigerator,Vent Hood), Unit 2(Range,Refrigerator), Unit 3(Range,Refrigerator), Unit 4(Range,Refrigerator), Electric Water Heater
  • Total Bedrooms: 9
  • Full Bathrooms: 7
  • Total Bathrooms: 5
  • Total Bathrooms: 7
  • Basement: Full, Walk-Out Access, Dirt Floor, Concrete, Unfinished
  • Living Area: 5084
  • Stories Total: 7
  • MAIN LO: AN2024
  • LIST PRICE PER Sq Ft: 88.51
  • PRICE PER Sq Ft: 88.51
  • MAIN SO: NB5012

Exterior Features

  • Construction Materials: Frame, Post & Beam
  • Foundation Details: Stone
  • Patio And Porch Features: Porch, Enclosed, Deck - Wood
  • Road Frontage Type: Public
  • Roof: Shingle, Rubber
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Parking Features: Off Street, Stone/Gravel
  • Total Parking Spaces: 10

Utilities

  • Sewer: Public Sewer
  • Heating: Unit 1(Electric Baseboard), Unit 2(Electric Baseboard), Unit 3(Electric Baseboard), Unit 4(Electric Baseboard)
  • Electric: 100 Amp Service, Individually Metered
  • Heating YN: Yes
  • 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
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)

Fee Information

  • Water Sewer Expenses: 915

Lot Info

  • Parcel Number: 3493659
  • Zoning: PD
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot, Gentle Sloping, Level
  • Lot Size Acres: 0.24
  • Lot Size Area: 0.24
  • Lot Size Sq Ft: 10454
  • Lot Size Units: Acres
  • PAGE: 139

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3257.72
  • Tax Block: 0
  • Tax Book Number: 61148
  • Tax Lot: 284
  • Tax Map Number: 5A3

Multi Family

  • Electric Expense: 1080
  • Gross Income: 58200
  • Insurance Expense: 3884
  • Net Operating Income: 49441
  • Number Of Units Total: 5
  • Operating Expense: 8759
  • Total Actual Rent: 4850
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 3: U
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 4: 2
  • FLRS 3: 1
  • FLRS 2: 1

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
07/08/2022 07/08/22 Sold $450,000 0.0% $89 / Sq Ft
04/25/2022 04/25/22 Pending -- -- --
04/20/2022 04/20/22 For Sale $450,000 +200.0% $89 / Sq Ft
09/30/2019 09/30/19 Sold $150,000 -20.6% $30 / Sq Ft
07/24/2019 07/24/19 Pending -- -- --
06/06/2019 06/06/19 For Sale $189,000 0.0% $37 / Sq Ft
05/23/2019 05/23/19 Pending -- -- --
04/03/2019 04/03/19 For Sale $189,000 -- $37 / 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: 72969216

MLS Property Information Network (MLS PIN)