Attention investors! Once in a lifetime chance to own and renovate this incredible cash cow! 86 Front Street is an enormous commercial property offering a total of 19 units spread throughout over 10,000 square feet. Located right in the heart of town, this sprawling property has the potential to generate tens of thousands of dollars in rental income annually with the right plans and vision in place. 86 Front Street offers 16 residential units plus 3 office units that could easily be made residential for a total of 19 income generating units. The property is currently vacant and in need of a total rehab. Buyer to conduct due diligence, will not qualify for financing. Priced to sell, don't miss out!
This home has been viewed 38 times
Last Checked: May 7th, 2024 at 5:32am (Source: MLS PIN #73151996)
Gross Income: $0
Gross Expenses: $4,354
Net Income Calc: $4,354
CAP Rate: -1.90%
Annual Expenses for 86 Front Street, Winchendon MA 01475
Total Gross Expenses (Calculated)$4,354/year
APOD Available
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$4,354
Annual Income & Unit Breakdown for 86 Front Street, Winchendon MA 01475
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
Lease
Bedrooms
Bathrooms
Floor
Levels in Unit
HeatingNo
Rent Includes
General Information for 86 Front Street, Winchendon MA 01475
Listing ID73151996
Property TypeMulti Family / 5+ Family
Price$229,000
Style
CityWinchendon
CountyWorcester
MLS Area
Neighborhood(s)
Approximate Living Area Total10,744 SqFt
Approximate Lot Size (Acres)0.33 acres
Total Parking0
Garage Parking
Year Built1900
Year Built Source
Year Renovated
Year Built Details
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot Features
Foundation Area
Foundation Description
Accessible Features
Outdoor Space
ZoningN/A
Zoning DetailsLegal Conforming
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 86 Front Street, Winchendon MA 01475
Lead Paint
UFFI
Living Area Includes Basement
Living Area Disclosure
Building Area Source
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$0
Total Net Income By Broker$0
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2
Facilitator Compensation1
Sub-Agent Compensation
Compensation Based On
Financial Information for 86 Front Street, Winchendon MA 01475
Real Estate Taxes$4,354
Tax Year2022
Assessed Value
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$0
BostonRealEstate.com Gross Income
Total Net Income By Broker$0
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)-1.90%
Location Information for 86 Front Street, Winchendon MA 01475
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area Amenities
Contact Information for 86 Front Street, Winchendon MA 01475