Unit Information
Opportunity awaits with this income-producing mixed-use property featuring four residential apartments and two commercial spaces, all currently occupied with long term tenants! Offering over 6,000 square feet of rentable space, plus approximately 900 square feet of additional storage, this property provides multiple income streams and an attractive opportunity for investors looking to expand their portfolios. The residential units consist of one spacious four-bedroom apartment, two two-bedroom apartments, and one one-bedroom apartment, offering a variety of living arrangements. The commercial spaces are home to an established real estate office and a very popular coffee shop. With all six units occupied, the building generates approximately $92,100 in annual rental income, with potential for future growth. At an asking price of $750,000, the property offers an estimated 7.1% capitalization rate before additional maintenance costs. Much of the building has been updated, offering investors the opportunity to acquire an established, income-producing property with little maintenance needed. Whether you're an experienced investor looking to expand your holdings or seeking a mixed-use property with established rental income, this Winchendon opportunity is worth exploring. Don't miss your chance to own a property that combines residential housing and commercial space under one roof!
- Additional Details
- Status: Active
- Type: Multi-Family, Multi Family
- Area: Winchendon Center
- Zip Code: 01475
- Levels: 5
- Parking
- Garage Capacity: 9
- Parking: Off Street
- Parking Spaces: 9
- Rooms and Dimensions
- Total Units: 6
- Total Floors: 5
- Total Rooms: 20
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$750,000
- Listing ID: 73591921
- Bedrooms: 6
- Full Baths: 6
- Living Area: 6,309 sqft Convert
- Lot Size: 8,712 sqft Convert
- Acres: 0.2
View description
Luxury Residential Group
(617) 233-5800
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LRG Luxury Residential Group | 355 Boylston St, Boston MA 02116 | (617) 233-5800 | |