Unlock the potential of this charming two-family investment property, offering a blend of affordability and income-generating potential. Ideal for savvy investors seeking a foothold in the market or seasoned landlords looking to expand their portfolio, this property promises a reliable return on investment or a beautiful place to call home. The time has come to make a move. First showings will be during open house on Sunday 3/24 from 1-3.
This home has been viewed 78 times
Last Checked: October 7th, 2024 at 4:39pm (Source: MLS PIN #73214109)
Gross Income: $26,700
Gross Expenses: $1,379
Net Income Calc: $25,321
CAP Rate: 9.78%
Annual Expenses for 228-230 Front St, Winchendon MA 01475
Total Gross Expenses (Calculated)$1,379/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$1,379
Annual Income & Unit Breakdown for 228-230 Front St, Winchendon MA 01475
Total Gross Income (Calculated)$26,700
Unit 1
Rental Income$825
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit2
HeatingYes
Rent IncludesUnit 2(water), Unit 1(water, Other (see Remarks))
Unit 2
Rental Income$1,400
LeaseY
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent IncludesUnit 2(water), Unit 1(water, Other (see Remarks))
General Information for 228-230 Front St, Winchendon MA 01475
Listing ID73214109
Property TypeMulti Family
Price$258,800 ($168.49/SqFt)
StyleMulti Family
CityWinchendon
CountyWorcester
MLS Area
Neighborhood(s)
Approximate Living Area Total1,536 SqFt
Approximate Lot Size (Acres)0.13 acres
Total Parking4
Garage Parking
Year Built1900
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesSloped
Foundation Area
Foundation DescriptionConcrete Perimeter,Stone
Accessible Features
Outdoor Space
ZoningC2
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront FeaturesNo
Energy Features
Terms
Disclosures for 228-230 Front St, Winchendon MA 01475
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data SourceOwner
Total Gross Expenses By Broker$0
Total Gross Income By Broker$26,700
Total Net Income By Broker$26,700
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2%%
Facilitator Compensation$$1000
Sub-Agent Compensation
Compensation Based OnNet Sale Price
Financial Information for 228-230 Front St, Winchendon MA 01475
Real Estate Taxes$1,379
Tax Year2024
Assessed Value$110,000
Financial Data SourceOwner
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$26,700
BostonRealEstate.com Gross Income
Total Net Income By Broker$26,700
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)9.78%
Location Information for 228-230 Front St, Winchendon MA 01475
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesWalk/jog Trails, Highway Access, House Of Worship, Public School, Shopping, Park, Medical Facility, Laundromat, Bike Path, Public Transportation, Pool
Contact Information for 228-230 Front St, Winchendon MA 01475