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  • $975,000

    12 Spruce St, Winchendon, MA 01475

    13beds
    6,492sqft
    5-9 Family
    Built in 1900
    -- sqft lot
    $1,060,300 Zestimate®
    $150/sqft
    $-- HOA

    What's special

    This 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.

    Zillow last checked: 7 hours ago

    Listing updated: December 01, 2023 at 01:35pm

    Listed by:

    Michelle Peterson,

    Elm Grove Realty, LLC

    Bought with:

    Todor Ialamov

    Four Points Real Estate, LLC

    Source: MLS PIN,MLS#: 73151760

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 13
    • Bathrooms: 10
    • Full bathrooms: 10
    Heating
    • Baseboard, Oil
    Appliances
    • Laundry: Washer Hookup
    Features
    • Flooring: Vinyl, Carpet
    • Windows: Insulated Windows
    • Basement: Full,Walk-Out Access,Concrete,Unfinished
    • Has fireplace: No
    Interior area
    • Total structure area: 6,492
    • Total interior livable area: 6,492 sqft

    Property

    Parking
    • Total spaces: 15
    • Parking features: Paved Drive, Off Street, Paved
    • Has uncovered spaces: Yes
    Lot
    • Size: 0.43 Acres
    • Features: Cleared, Gentle Sloping, Level
    Details
    • Parcel number: 3493926
    • Zoning: R4

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 5-9 Family
    Materials
    • Frame
    • Foundation: Concrete Perimeter, Block, Granite
    • Roof: Rubber
    Condition
    • Year built: 1900

    Utilities & green energy

    • Electric: Circuit Breakers, Common, Individually Metered, Varies per Unit
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: for Electric Range, for Electric Dryer, Washer Hookup
    Green energy
    • Energy efficient items: Thermostat

    Community & neighborhood

    Community
    • 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
    Location
    • Region: Winchendon

    HOA & financial

    Other financial information
    • Total actual rent: 10750

    Other

    Other facts
    • Listing terms: Contract
    Services availability
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