19 Chestnut St Winchendon, MA 01475
This charming three-story, 2,243 square foot apartment building at 19 Chestnut Street in Winchendon, Massachusetts, presents a compelling investment opportunity. Built in 1900, this property sits on a 0.1-acre lot and boasts a bricked facade. The building features two units: a currently rented downstairs apartment and an upstairs four-bedroom unit ready for immediate occupancy by a new owner. The property includes three parking spaces and is connected to town water and sewer. The C3 zoning allows for flexibility, with the possibility of converting the street-facing room into an office, shop, or storage space. The property offers significant upside potential, with the possibility of use as a single-family home for a larger household. Located in a convenient area, it's close to local amenities including stores, restaurants, a recreation area, the Rails to Trails path, and a library. The property also features a large fenced backyard and an additional yard adjacent to the street. The asking price is $375,000, and the property's APN is M:5B3 B:0 L:133,3494227. This is a rare opportunity to acquire a well-maintained multifamily property in a desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
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