$585,000

184 Lincoln Avenue, Winchendon, MA 01475

  • 7 beds |
  • 5 baths |
  • 4,416 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon8,276sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $132/sqft
  • Property List Date Icon Listed 6 days ago

Property Description

Group Showing this Sunday, August 10th promptly at 10:00 a.m . Great Investment – 5-Family with Separate Utilities, This sought-after 5-family property is a prime investment opportunity. With total rents at $6,015 this offers over a 10% cap rate emphasizing its steady cash flow. Just a short distance from the Lake Dennison recreational area this property is located on a corner lot in a well-established neighborhood, it's close to shopping, schools, and area amenities. The property features separate utilities for each unit, with propane heating and new hot water tanks. Three of the five units have been fully revamped - two of which are in lease contracts. Two units offer washer/dryer hook-ups. The well-maintained common areas further add to the property’s appeal. This is a solid investment for those looking to add a multi-family property to their portfolio or an owner-occupant looking for rental income with future growth potential.

Listing Status:
Active
Date Added:
July 30, 2025 at 05:00AM
Listing Office:
Foster-Healey Real Estate : 978-537-8301
Listing Agent:
Wendy Poudrette : 978-407-1342
MLS ID:
73411021
  • General: Living RoomKitchen
  • Appliances: RangeRefrigerator
  • Basement: Unfinished
  • Flooring: Vinyl
  • Heating: Natural Gas
  • Fireplace: Fireplaces: 0

This listing courtesy of Wendy Poudrette, Foster-Healey Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

T

Toy Town Elementary School

175 Grove St, Winchendon, MA, 01475

Grades 3-5

0.21 miles away

M

Murdock Middle School

3 Memorial Dr, Winchendon, MA, 01475

Grades 6-8

0.82 miles away

M

Murdock Academy for Success

175 Grove St, Winchendon, MA, 01475

Grades 9-12

0.21 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.