About this home
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 last checked: Listing updated:
Listed by Michelle Peterson · Elm Grove Realty, LLC · MLS #73591921
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Details at a glance
Interior4 property facts
- Rooms
- 20
- Heating
- Baseboard, Oil
- Flooring
- Vinyl, Carpet, Varies
- Basement
- Yes · Crawl Space, Sump Pump, Dirt Floor, Concrete
Building5 property facts
- Style
- 5-9 Family
- Year built
- 1900
- Parking
- 9
- Foundation
- Concrete Perimeter, Stone, Granite, Irregular
- Roof
- Shingle
Land & utilities5 property facts
- Lot size
- 0.2 acres
- Water
- Public
- Sewer
- Public Sewer
- Pool
- Not reported
- Zoning
- C3
Financial2 property facts
- Annual taxes
- $3,487
- Assessment year
- 2025
Location
Estimated monthly cost
Explore costs at the $750,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$4,083 / monthAdjust
- Principal & interest
- $3,792
- Property tax
- $291
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $3,487. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
More property insights
Automated value estimate $741,407
Estimated range $623,420–$859,395.
Automated estimates are not appraisals or guarantees of market value.
Request a professional market analysisPhoto-based condition insights
Overall presentation: average
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About 206-210 Central St
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