This investment property is a turnkey, 5 unit building in a great location for commuters and is located directly across from Winchendon/Gardner rail trail. It comes fully occupied with all tenants, 4 of which are in current leases. It is Comprised of 3/1, 2/1, 1/1, 1/1, 1/1. This building has seen a large number of capital improvements and costs saving measures over the years including newer roof, vinyl siding, updated windows to vinyl replacement, unit renovations, newer Buderus boiler, 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 $58,000.00 and low operating expenses, this is sure to turn a profit for any investor. Current ROI 10%
Sold
$425,000
409 Spring St, Winchendon, MA 01475
8beds
3,128sqft
5+ Family - 5+ Units Up/Down
Built in 1880
-- sqft lot
$-- Zestimate®
$136/sqft
$-- HOA
What's special
Zillow last checked: 7 hours ago
Listing updated: October 05, 2022 at 03:13pm
Listed by:
Michelle Peterson,
Elm Grove Realty, LLC
Bought with:
Douglas Tammelin
Coldwell Banker Realty - Leominster
Source: MLS PIN,MLS#: 73014536
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Has Heating (Unspecified Type)
Features
- Kitchen
- Flooring: Tile, Vinyl, Carpet
- Doors: Insulated Doors, Storm Door(s)
- Windows: Insulated Windows
- Basement: Full,Walk-Out Access,Sump Pump,Concrete,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 3,128
- Total interior livable area: 3,128 sqft
Property
Parking
- Total spaces: 10
- Parking features: Off Street, Stone/Gravel, Unpaved
- Has uncovered spaces: Yes
Lot
- Size: 0.37 Acres
- Features: Corner Lot, Cleared, Level
Details
- Parcel number: 3494705
- Zoning: C1
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5+ Family - 5+ Units Up/Down
Materials
- Frame
- Foundation: Concrete Perimeter, Granite
- Roof: Shingle,Rubber
Condition
- Year built: 1880
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Gas Range, for Electric Dryer
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: 4850
Other
Other facts
- Listing terms: Contract
Services availability

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