Sold for $975,000

$975,000

12 Spruce St, Winchendon, MA 01475

13beds

6,492sqft

5-9 Family

Built in 1900

-- sqft lot

$1,223,300 Zestimate^®

$150/sqft

$1,803 Estimated rent

Home value

$1,223,300

$1.11M - $1.37M

$1,803/mo

Zestimate^® history

Owner options

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$1,803/mo

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$1,803/mo

Rent Zestimate^®

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$6,199/mo

Est. payment

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$6,199/mo

Est. payment

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What's special

Newer buderus heating systemElectrical upgradesNewer flooring

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.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 13
Bathrooms: 10
Full bathrooms: 10

Heating

Baseboard, Oil

Appliances

Included: Range, Refrigerator
Laundry: Electric Dryer Hookup, Washer Hookup

Features

Laundry Room, Storage, Bathroom With Tub & Shower, Living Room, Kitchen
Flooring: Vinyl, Carpet, Vinyl / VCT
Windows: Insulated Windows
Basement: Full,Walk-Out Access,Concrete,Unfinished
Has fireplace: No

Interior area

Total structure area: 6,492
Total interior livable area: 6,492 sqft

Property

Parking

Total spaces: 15
Parking features: Paved Drive, Off Street, Paved
Uncovered spaces: 15

Lot

Size: 0.43 Acres
Features: Cleared, Gentle Sloping, Level

Details

Parcel number: 3493926
Zoning: R4

Construction

Type & style

Home type: MultiFamily
Property subtype: 5-9 Family

Materials

Frame
Foundation: Concrete Perimeter, Block, Granite
Roof: Rubber

Condition

Year built: 1900

Utilities & green energy

Electric: Circuit Breakers, Common, Individually Metered, Varies per Unit
Sewer: Public Sewer
Water: Public
Utilities for property: for Electric Range, for Electric Dryer, Washer Hookup

Green energy

Energy efficient items: Thermostat

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: 10750

Other

Other facts

Listing terms: Contract

Price history

Date	Event	Price
12/1/2023	Sold	$975,000-2.5%$150/sqft
Source: MLS PIN #73151760 Report a problem
9/19/2023	Contingent	$1,000,000$154/sqft
Source: MLS PIN #73151760 Report a problem
9/12/2023	Listed for sale	$1,000,000$154/sqft
Source: MLS PIN #73151760 Report a problem
9/6/2023	Contingent	$1,000,000$154/sqft
Source: MLS PIN #73151760 Report a problem
8/23/2023	Listed for sale	$1,000,000+157.1%$154/sqft
Source: MLS PIN #73151760 Report a problem
9/19/2013	Listing removed	$389,000$60/sqft
Source: Morin Real Estate #71511278 Report a problem
6/17/2013	Price change	$389,000+11.1%$60/sqft
Source: Morin Real Estate #71511278 Report a problem
4/18/2013	Listed for sale	$350,000$54/sqft
Source: Morin Real Estate #71511278 Report a problem