3 Unit Multi-Family, Tree Line Street, Fully Occupied, Nicely Updated. Side/Side Apts., Plenty of Off-Street Parking. Unit #1 Includes 4 Rooms, 2 Bedrooms & Full Bathroom, BIG Eat-in-Kitchen, Adorable Front Porch. Unit #2 Comes with 4 Rooms, 2 Beds, 2 Baths, Mudroom, Oversized Living Room, Porch. Unit #3 includes 2 Levels of Living Space, 5 Rooms, 3 Bedrooms, 1 Bath, Porch. These Apartments are Nicely Updated, Fully Leased, Full Basement. Tenants Pay Electric & Hot Water. BIG Demand for Quality Apts, Top $$$ Rents, Great Investment Opportunity.
This home has been viewed 21 times
Last Checked: May 7th, 2024 at 7:26am (Source: MLS PIN #73112224)
Gross Income: $57,900
Gross Expenses: $9,665
Net Income Calc: $48,235
CAP Rate: 13.04%
Annual Expenses for 32 Chestnut St, Winchendon MA 01475
Total Gross Expenses (Calculated)$9,665/year
APOD AvailableNo
Heating
Electricity
Water$5,302
Gas$5,302
Insurance$1,202
Sewer$5,302
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$3,161
Annual Income & Unit Breakdown for 32 Chestnut St, Winchendon MA 01475
Total Gross Income (Calculated)$57,900
Unit 1
Rental Income$1,600
LeaseY
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(heat, Unit 2(heat, Water), Unit 3(heat
Unit 2
Rental Income$1,675
LeaseY
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(heat, Unit 2(heat, Water), Unit 3(heat
Unit 3
Rental Income$1,550
LeaseN
Bedrooms3
Bathrooms1 Full
Floor3
Levels in Unit2
HeatingYes
Rent IncludesUnit 1(heat, Unit 2(heat, Water), Unit 3(heat
General Information for 32 Chestnut St, Winchendon MA 01475
Listing ID73112224
Property TypeMulti Family / 3 Family
Price$369,900 ($124.97/SqFt)
Style3 Family - 3 Units Side By Side
CityWinchendon
CountyWorcester
MLS Area
Neighborhood(s)
Approximate Living Area Total2,960 SqFt
Approximate Lot Size (Acres)0.18 acres
Total Parking6
Garage Parking
Year Built1880
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot FeaturesLevel, Corner Lot
Foundation Area
Foundation DescriptionStone
Accessible Features
Outdoor Space
ZoningC3
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 32 Chestnut 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$6,504
Total Gross Income By Broker$19,200
Total Net Income By Broker$19,200
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2%%
Facilitator Compensation1%%
Sub-Agent Compensation
Compensation Based OnNet Sale Price
Financial Information for 32 Chestnut St, Winchendon MA 01475
Real Estate Taxes$3,161
Tax Year2023
Assessed Value$235,900
Financial Data SourceOwner
Total Gross Expenses By Broker$6,504
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$19,200
BostonRealEstate.com Gross Income
Total Net Income By Broker$19,200
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)13.04%
Location Information for 32 Chestnut St, Winchendon MA 01475
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesHighway Access, Park
Contact Information for 32 Chestnut St, Winchendon MA 01475