Skip main navigation
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

    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%

    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
    Get pre-qualified for a loan
    At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.

    An equal housing lender. NMLS #10287.