Seller's Agent in 2023
Michelle Peterson
Elm Grove Realty, LLC
(603) 831-6933
74 in this area
152 Total Sales
12 Spruce St Winchendon, MA 01475
13
Beds
10
Baths
6,492
Sq Ft
0.43
Acres
Highlights
- Medical Services
- Property is near public transit
- Jogging Path
- Granite Flooring
- Tennis Courts
- Park
About This Home
As of December 2023This 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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,188
Year Built
- Built in 1900
Lot Details
- 0.43 Acre Lot
- Near Conservation Area
- Level Lot
- Cleared Lot
Home Design
- Block Foundation
- Frame Construction
- Rubber Roof
- Concrete Perimeter Foundation
Interior Spaces
- 6,492 Sq Ft Home
- Insulated Windows
Flooring
- Carpet
- Granite
- Vinyl
Bedrooms and Bathrooms
- 13 Bedrooms
- 10 Full Bathrooms
Laundry
- Laundry Room
- Washer and Electric Dryer Hookup
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
- Block Basement Construction
Parking
- 15 Car Parking Spaces
- Driveway
- Paved Parking
- Open Parking
- Off-Street Parking
Eco-Friendly Details
- Energy-Efficient Thermostat
Location
- Property is near public transit
- Property is near schools
Utilities
- 10 Heating Zones
- Heating Available
- Separate Meters
Listing and Financial Details
- Total Actual Rent $10,750
- Rent includes unit 1(heat water hot water), unit 2(heat water hot water other (see remarks)), unit 3(heat electric water hot water other (see remarks)), unit 4(heat water hot water other (see remarks))
- Tax Lot 107
- Assessor Parcel Number 3493926
Community Details
Overview
- 10 Units
- Property has 1 Level
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Tennis Courts
- Park
- Jogging Path
- Bike Trail
Building Details
- Electric Expense $3,408
- Insurance Expense $7,479
- Water Sewer Expense $4,707
- Operating Expense $31,753
- Net Operating Income $94,277
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/01/2023 12/01/23 | Sold | $975,000 | -2.5% | $150 / Sq Ft |
| 09/19/2023 09/19/23 | Pending | -- | -- | -- |
| 09/12/2023 09/12/23 | For Sale | $1,000,000 | 0.0% | $154 / Sq Ft |
| 09/05/2023 09/05/23 | Pending | -- | -- | -- |
| 08/23/2023 08/23/23 | For Sale | $1,000,000 | -- | $154 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Michelle Peterson
-
Todor Ialamov
Buyer's Agent in 2023
Todor Ialamov
Four Points Real Estate, LLC
(857) 222-0707
2 in this area
18 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73151760
APN: WINC M:5B2 B:0 L:107
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