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202-212 Glenallen St, Winchendon MA 01475

Closed

202-212 Glenallen St, Winchendon MA 01475

$600,000

Estimated $1,518/month Calculator

Multi Family

Total Units: 7

Price Per Unit: $85,714.29

Total Rent: 47100/year

Estimated CAP Rate:

14 Bedrooms

Baths

6680

Total Parking: 7

21,345 (0.49)

Two adjacent properties for sale; 202-204 Glenallen St is a 6-family and 208-212 Glenallen St is the adjoining single family. This fully occupied 7-unit package is a turn-key investment property with low operating expenses and solid cash flow. Both properties have been completely rehabbed down to studs within the last decade and currently 100% occupied. Utilities are electric and separately metered. Basement coin-op laundry. On site parking for 7+ vehicles, single family tenant parks inside built-in garage. The SFR is "Unit 1" in the listing breakdown and is approx 1260 sf with 2 bedrooms, 1 bath, a pellet stove, and a built in 1-car garage. "Unit 5" in unit breakdown includes 3 units: (4-2-1, $875 Lease) plus (4-2-1, $875 Lease) plus (3-1-1 $825 TAW). In total, the 6 Fam is (1) 1-bedroom, (4) 2-bedrooms and (1) 3-bedroom. Complete Rent Roll and 6-Family Inspection Certificate attached. Refer to attachment for site plan of the two properties. Properties will not be sold separately

This home has been viewed 40 times

Last Checked: May 7th, 2024 at 6:26am (Source: MLS PIN #73094290)

Gross Income: $47,100

Gross Expenses: $6,540

Net Income Calc: $40,560

Water Views

Annual Expenses for 202-212 Glenallen St, Winchendon MA 01475

Total Gross Expenses (Calculated)$6,540/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax6540

Annual Income & Unit Breakdown for 202-212 Glenallen St, Winchendon MA 01475

Total Gross Income (Calculated)$47,100

Unit 1

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 3

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

Rent IncludesHeat

Unit 4

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor3

Levels in Unit1

Rent IncludesHeat

General Information for 202-212 Glenallen St, Winchendon MA 01475

Listing ID73094290

Property TypeMulti Family / 5+ Family

Price600000 ($89.82/SqFt)

Style5-9 Family

CityWinchendon

CountyWorcester

Neighborhood(s)

Approximate Living Area Total6680

Approximate Lot Size (Acres)0.49

Total Parking7

Garage Parking0

Year Built1860

Year Built SourcePublic Records

Year Built DetailsActual,Approximate,Renovated Since

WaterPublic

SewerPrivate Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

Basement

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningC2

Water ViewsNo

Water Views Features

Waterfront Features

Terms

Disclosures for 202-212 Glenallen St, Winchendon MA 01475

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsAll Basement Shelves & Tv. Kitch Mirror & Musical Clock.1st Fl Lr Tv. Dartboard. Shelves In Dr.

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation0

Compensation Based OnNet Sale Price

Financial Information for 202-212 Glenallen St, Winchendon MA 01475

Real Estate Taxes6540

Tax Year2023

Assessed Value$488,000

Financial Data Source

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 202-212 Glenallen St, Winchendon MA 01475

Neighborhood(s)

Area Amenities

Contact Information for 202-212 Glenallen St, Winchendon MA 01475

Agent

Name: Thomas E. Brown

Office

Name: Brown Real Estate

Phone: 781-944-0838

Payment Calculator

, Interest

Property Taxes 545

Principal & Interest 3697.01

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Brown Real Estate

Thomas E. Brown

Agent Phone

Office Phone

(781) 944-0838

Text Agent Call Agent Call Office

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    [unparsed] => 202-212 Glenallen St, Winchendon MA 01475
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EXIT

21 More Photos

Closed

202-212 Glenallen St, Winchendon MA 01475

$600,000

Annual Expenses for 202-212 Glenallen St, Winchendon MA 01475

Annual Income & Unit Breakdown for 202-212 Glenallen St, Winchendon MA 01475

General Information for 202-212 Glenallen St, Winchendon MA 01475

Disclosures for 202-212 Glenallen St, Winchendon MA 01475

Financial Information for 202-212 Glenallen St, Winchendon MA 01475

Location Information for 202-212 Glenallen St, Winchendon MA 01475

Contact Information for 202-212 Glenallen St, Winchendon MA 01475

Agent

Office

Payment Calculator

Exclusive Listing Agent

Brown Real Estate

Thomas E. Brown