(413) 333-7776
Real Estate Company
Opportunity awaits with this income-producing mixed-use property featuring four residential apartments and two commercial spaces, all currently occupied with long term tenants! Offering over 6,000 square feet of rentable space, plus approximately 900 square feet of additional storage, this property provides multiple income streams and an attractive opportunity for investors looking to expand their portfolios. The residential units consist of one spacious four-bedroom apartment, two two-bedroom apartments, and one one-bedroom apartment, offering a variety of living arrangements. The commercial spaces are home to an established real estate office and a very popular coffee shop. With all six units occupied, the building generates approximately $92,100 in annual rental income, with potential for future growth. At an asking price of $750,000, the property offers an estimated 7.1% capitalization rate before additional maintenance costs. Much of the building has been updated, offering investors the opportunity to acquire an established, income-producing property with little maintenance needed. Whether you're an experienced investor looking to expand your holdings or seeking a mixed-use property with established rental income, this Winchendon opportunity is worth exploring. Don't miss your chance to own a property that combines residential housing and commercial space under one roof!
Listing courtesy of Listing Agent: Michelle Peterson from Listing Office: Elm Grove Realty, LLC.
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