49 Spruce St, Winchendon, MA 01475

Highest and best due 4/25 by noon.. This investment property is a turnkey 4 unit building on a beautiful side street near downtown Winchendon. Its Comprised of 2/1, 2/1, 2/1, 1/1. apartments, and has the potential of bringing in market monthly rents of over $4k per month. The building has seen a large number of capital improvements over the years and cost saving measures including, upgraded windows to vinyl replacement, electrical upgrades, newer kitchens, bath, newer decks, and much more. While room for additional income exists due to low market rents, a gross income of $41K with low operating expenses, makes this a great investment for someone looking for a stable building that produces a solid return. Current ROI is .08%. Tenants pay for heat and electric.