Duplex With Bonus
For Sale
$445,000
Pending
142 Pleasant St, Winchendon, MA 01475
Updated two-family property with flexible upper-level space and a two-level garage with separate egress.
Property Size2,763 SF
Days on Market55
Property Features for 142 Pleasant St
General Information
Standard status
Pending
Size
2,763 SF
Property subtype
Multi Family
Additional Details
Multifamily Units
2
Building Details
Year Built
1870
Listing Agency:
Lamacchia Realty, Inc.
(978) 993-3600
Listed By:
Noelle Medugno
(617) 887-0200
Source:
Lockandkeyre
Added: Aug 13
Changed: Oct 4
Last Checked: Oct 5 at 7:15PM
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 Lamacchia Realty, Inc.
Investment Insights
Based on property information with market context.
This 1870 two-family property offers 5 bedrooms and 2.5 baths across a flexible layout. Interior improvements include refinished hardwood flooring, fresh paint, restored carpentry, upgraded lighting, and substantial electrical work. The kitchen has quartz countertops and new appliances, while the bathrooms feature updated vanities and toilets. A bonus room and bedroom occupy the third level, expanding the usable interior footprint.
The second-floor Unit 2 includes 1 bedroom, a living room, an updated bathroom, and an updated kitchen with quartz countertops. A two-level garage provides additional functional space, including a second floor with its own egress. The property is near the center of Winchendon, with shops, dining, and local amenities nearby, as well as the North Central Pathway, Whitney Pond, and Lake Dennison State Recreation Area.
The second-floor Unit 2 includes 1 bedroom, a living room, an updated bathroom, and an updated kitchen with quartz countertops. A two-level garage provides additional functional space, including a second floor with its own egress. The property is near the center of Winchendon, with shops, dining, and local amenities nearby, as well as the North Central Pathway, Whitney Pond, and Lake Dennison State Recreation Area.
Key Highlights
- Two‑family layout with 5 bedrooms and 2.5 baths
- Built in 1870 with refinished hardwood floors and restored carpentry
- Third level adds a bonus room and bedroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,349
Cap Rate
8.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$746,980
$747.0K
Cap Rate 7%
$533,557
$533.6K
Cap Rate 9%
$414,989
$415.0K
Market Conditions
NOI Build-Up for 2,763 SF
Gross rent
$54.7K $19.80/SF
− Vacancy
−$1.4K −$0.49/SF
EGI
$53.4K $19.31/SF
− OpEx
−$16.0K −$5.79/SF
NOI
$37.3K $13.52/SF
Area
Worcester County, MA
Vacancy
2.47%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$746,980
Cap Rate 7%
$533,557
Cap Rate 9%
$414,989
Alternative Uses
Best Use
Multifamily LT 5
$533.6K
$466.9K – $622.5K
NOI $37,349 @ 7.0% cap · market cap 8.39%
Second Best
Apartment 5plus
$464.3K
$406.3K – $541.7K
NOI $32,504 @ 7.0% cap · market cap 7.30%
Theoretical Best
Office A
$943.5K
$825.6K – $1.10M
NOI $66,047 @ 7.0% cap · market cap 14.84%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
314
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
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Updated two-family property with flexible upper-level space and a two-level garage with separate egress.
Where is this duplex located?
The property is located at 142 Pleasant St Winchendon, MA.
What is the asking price?
The asking price for this property is $445,000.
What are key features of this property?
This property features: Two‑family layout with 5 bedrooms and 2.5 baths; Built in 1870 with refinished hardwood floors and restored carpentry; Third level adds a bonus room and bedroom
