409 SpringWinchendon, MA 01475MLS Number 73014536

  • Price: $425,000
  • Est. Mortgage of $/month
  • 73 Days on Market
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Federal 30-year interest rate: 6.7% last updated on Sep 29, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
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Under Agreement
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  • 8Bedrooms
  • 0.37Acreage
  • 5Bathrooms
  • 1880Year Built
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%
Listed by Michelle Peterson of Elm Grove Realty,LLC

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More Info

Basic Information

  • Contingency Inspection
  • Gross Income $58,200
  • Listing Terms Contract
  • Lot Features Corner Lot, Cleared, Level
  • Mls StatusUnder Agreement
  • Parcel Number 3494705
  • Rent Includes Unit 1(Heat, Water, Hot Water, Other (See Remarks)), Unit 2(Heat, Water, Hot Water, Other (See Remarks)), Unit 3(Heat, Water, Hot Water, Other (See Remarks)), Unit 4(Heat, Water, Hot Water, Other (See Remarks))

Property

  • Acreage0.37

Interior

  • Flooring
    • Carpet
    • Tile
    • Unit 2(Wall to Wall Carpet)
    • Unit 3(Wall to Wall Carpet)
    • Unit 4(Wall to Wall Carpet)
    • Vinyl
  • Interior Features
    • Bathroom With Tub & Shower)
    • Kitchen
    • Kitchen
    • Kitchen
    • Kitchen)
    • Mudroom)
    • Office/Den
    • Sunroom)
    • Sunroom)
    • Unit 1 Rooms(Living Room
    • Unit 1(Bathroom With Tub & Shower)
    • Unit 2 Rooms(Living Room
    • Unit 2(Upgraded Cabinets
    • Unit 3 Rooms(Living Room
    • Unit 3(Bathroom With Tub & Shower)
    • Unit 4 Rooms(Living Room
    • Unit 4(Bathroom With Tub & Shower)

Property Information

  • Building Area Source Public Records
  • Living Area 3,128
  • Lot Size Square Feet 16,117
  • Lot Size Units Acres
  • Road Responsibility Public Maintained Road
  • Square Feet3,128

Tax Information

  • Tax Assessed Value $182,500
  • Tax Year 2022
  • Taxes$2,798

Rooms

  • Bathroom5
  • Bathrooms Total Decimal 5
  • Bedrooms8
  • Full Bath5

Location

  • Address409 Spring
  • Building Number409
  • CountyWorcester
  • StateMA
  • StreetSpring
  • TownWinchendon
  • Zip01475

Exterior

  • RoofShingle, Rubber

Utilities

  • Electric 100 Amp Service
  • Electric Expense 426
  • Heat SystemYes
  • Heating
    • Oil)
    • Oil)
    • Oil)
    • Oil)
    • Unit 1(Hot Water Baseboard
    • Unit 2(Hot Water Baseboard
    • Unit 3(Hot Water Baseboard
    • Unit 4(Hot Water Baseboard
  • Sewer Public Sewer
  • Water Source Public

Amenities

  • Amenities
    • Bike Path
    • Conservation Area
    • House of Worship
    • Laundromat
    • Medical Facility
    • Park
    • Private School
    • Public School
    • Public Transportation
    • Shopping
    • Tennis Court(s)
    • Walk/Jog Trails
  • Appliances IncludedWasher, Dryer, Unit 1(Range, Refrigerator, Vent Hood), Unit 2(Range, Dishwasher, Microwave), Unit 3(Range, Refrigerator), Unit 4(Range, Refrigerator, Vent Hood), Tank Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Dryer
  • Other AmenitiesBasement, Tennis

Parking

  • Open Parking YN Yes
  • Parking Features Off Street, Stone/Gravel, Unpaved
  • Parking Spaces10

Basic Information

  • List Price$425,000
  • MLS Number73014536
  • Modification Date09/28/2022
  • Property SubType5+ Family - 5+ Units Up/Down
  • Sale Date09/11/2022

Building

  • BasementFull, Walk-Out Access, Sump Pump, Concrete, Unfinished
  • Building Area Units Square Feet
  • Construction Materials Frame
  • Door Features Insulated Doors, Storm Door(s)
  • FoundationConcrete Perimeter, Granite
  • Garage Spaces
  • Rooms22
  • Stories8
  • Utilities For Gas Range, For Electric Dryer
  • Window Features Insulated Windows
  • Year Built1880
  • Year Built Details Renovated Since
  • Year Built Source Public Records

Other

  • Date Listed07/20/2022
  • Farm Land Area Units Square Feet
  • View Count13

Your Local Office

Foster-Healey Real Estate, Inc. (Gardner Office)

Foster-Healey Real Estate, Inc. (Gardner Office)

26 Pearson Boulevard,
Gardner, MA 01440

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