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.

Information

Price: $1,000,000

Days On Market: 37

Year Build: 1900

Square Footage: 6,492 Sq ft

Total Baths: 10

Full Baths: 10

Bedrooms: 13

Details

Address: 12 Spruce St #10

County: Worcester

City: Winchendon

Zip: 01475

State: Massachusetts

Taxes

Property Taxes: $6,188

Tax Year: 2023

Tax Amount: $6,188

Location

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Listing Agent: Michelle Peterson

Listing Office: Elm Grove Realty, LLC

Attribution contact: 603-821-0077 | 603-831-6933