Fully Rented Quadplex
For Sale
$475,000
Pending
116 Maple St, Winchendon, MA 01475
Four-unit quadplex with individual propane heating and off-street parking, fully occupied under one-year leases.
Days on Market94
Property Features for 116 Maple St
General Information
Standard status
Pending
Property subtype
Investment
Building Details
Year Built
1900
Listing Agency:
(978) 621-3168
Listed By:
Brenda Albert
(978) 621-3168
Source:
Elliman
Added: Apr 28
Changed: Jul 21
Last Checked: Jul 23 at 6:13AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Brenda Albert
Investment Insights
Based on property information with market context.
This fully rented quadplex offers four apartments and 16 total rooms with eight bedrooms. The property includes two first-floor apartments and two spacious three-bedroom units, and one unit features an enclosed porch for added interior space. The building has four full bathrooms and each unit is heated by its own propane system with separate utilities. Coin-operated washer/dryer hookups are available in the basement.
Tenants are currently responsible for all utilities except water and sewer. Off-street parking is provided, and all units are occupied on one-year leases that may be voided upon sale. The property is being sold as-is and has been owned by the same family for 45 years.
The offering is structured as a residential income property with established occupancy and separate utility billing for each unit.
Tenants are currently responsible for all utilities except water and sewer. Off-street parking is provided, and all units are occupied on one-year leases that may be voided upon sale. The property is being sold as-is and has been owned by the same family for 45 years.
The offering is structured as a residential income property with established occupancy and separate utility billing for each unit.
Key Highlights
- Fully occupied 4‑family quadplex with 8 bedrooms and 16 total rooms
- Two first‑floor apartments plus two spacious 3‑bedroom units; one unit has an enclosed porch
- Each unit has individual propane heating and separate utilities; tenants pay utilities except water and sewer
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
288
Businesses Nearby
Explore this area
Business Placement
Demographics for 01475, MA
10,304
Population
4,095
Households
2.5
Avg Household Size
42
Median Age
24%
College-Educated
94%
High-School Grad
42.8 sq mi
ZIP Area
241
Density / Sq Mi
$85,638
Median Household Income
$50,352
Median Earnings
$1,245
Median Rent
$294,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit quadplex with individual propane heating and off-street parking, fully occupied under one-year leases.
Where is this quadplex located?
The property is located at 116 Maple St Winchendon, MA.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Fully occupied 4‑family quadplex with 8 bedrooms and 16 total rooms; Two first‑floor apartments plus two spacious 3‑bedroom units; one unit has an enclosed porch; Each unit has individual propane heating and separate utilities; tenants pay utilities except water and sewer
