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38-40 West Street, Winchendon MA 01475

$389,500

Estimated $837/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $194,750

Total Rent: 34800/year

Estimated CAP Rate:

4 Bedrooms

Baths

1948

Total Parking: 11 (1 Garage)

10,890 (0.25)

Fully Renovated 2-Family – Turnkey Investment Opportunity Beautifully updated and move-in ready, this side-by-side 2-family property has been thoughtfully renovated, offering a rare opportunity for both investors and owner-occupants. Each unit spans two floors and features modern finishes throughout. A separate heating system (installed in 2024) and brand-new oil tanks. Unit 1 offers an updated kitchen with new cabinets, flooring, and appliances. Unit 2 features a brand-new tiled bathroom along with updates throughout the second floor. Both units include in-unit washer and dryer hookups. Additional garage and 9 off-street parking, and a spacious, attractive yard with a fire pit, all of which enhance tenant appeal and long-term value. Located with easy access to Route 12, Route 202, downtown Winchendon, shopping, restaurants, and local amenities. In addition, an extra lot with a separate deed included—ideal for an ADU or future development potential.

This home has been viewed 9 times

Last Checked: June 5th, 2026 at 5:28am (Source: MLS PIN #73509843)

Gross Income: $34,800

Gross Expenses: $8,506

Net Income Calc: $26,294

Water Views

Annual Expenses for 38-40 West Street, Winchendon MA 01475

Total Gross Expenses (Calculated)$8,506/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax2460

Annual Income & Unit Breakdown for 38-40 West Street, Winchendon MA 01475

Total Gross Income (Calculated)$34,800

Unit 1

Rental Income$0

LeaseY

Bedrooms2

Bathrooms2 Full

Floor1

Levels in Unit2

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseY

Bedrooms2

Bathrooms2 Full

Floor1

Levels in Unit2

Rent IncludesHeat

General Information for 38-40 West Street, Winchendon MA 01475

Listing ID73509843

Property TypeMulti Family

Price389500 ($199.95/SqFt)

StyleMulti Family

CityWinchendon

CountyWorcester

MLS AreaWinchendon Center

Neighborhood(s)

Approximate Living Area Total1948

Approximate Lot Size (Acres)0.25

Total Parking11 (1 Garage)

Garage Parking1

Year Built1900

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningC2

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 38-40 West Street, Winchendon MA 01475

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourceOther

ExclusionsSee Disclosures

Financial Data SourceEstimated

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Compensation Based On

Financial Information for 38-40 West Street, Winchendon MA 01475

Real Estate Taxes2460

Tax Year2025

Assessed Value$248,200

Financial Data SourceEstimated

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 38-40 West Street, Winchendon MA 01475

Elementary SchoolMemorial Elementary School

Middle SchoolMurdock Middle School

High SchoolMurdock High School

Neighborhood(s)

MLS AreaWinchendon Center

Area AmenitiesWalk/jog Trails

Contact Information for 38-40 West Street, Winchendon MA 01475

Agent

Name: Piyarat Intachim-Kaufman

Office

Name: Excelsior Realty

Phone: 508-736-2735

Payment Calculator

, Interest

Property Taxes 205

Principal & Interest 2399.98

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Excelsior Realty

Piyarat Intachim-Kaufman

Agent Phone

Office Phone

(508) 736-2735

Text Agent Call Agent Call Office

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EXIT

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