116 Maple Street, Winchendon, MA 01475
$475,000
Great investment opportunity with this fully rented 4-family property offering 16 total rooms and 8 bedrooms. The building includes two first-floor apartments, four full bathrooms, and two spacious 3-bedroom units. One unit features an enclosed porch for added space. All units are heated by individual propane systems and have separate utilities. Coin-operated washer/dryer hookups only are in the basement. Off-street parking available. Current annual income exceeds $38,000, with tenants paying for all utilities except water and sewer. All units are occupied with one-year leases, which may be voided upon sale. Property has been owned by the same family for 45 years and is being sold as is. Solid income-producing assets with long-term ownership and strong rental history. Close to downtown offers a small-town experience with a mix of casual dining, local shops, community events, and outdoor spaces such as Winchendon Common Park with Performing Arts Amphitheater and paved walk/cycling trail
— MLSPIN #: 73468504| List Price: | $475,000 |
|---|---|
| Status: | New |
| MLS ID: | 73468504 |
| Town: | Winchendon |
| County: | Worcester |
| Zip: | 01475 |
| Property Type: | Residential Income |
| Property Sub Type: | 4 Family |
| Bedrooms: | 8 |
| Full Baths: | 4 |
| Living Area: | 3,891 sqft |
| Acres: | 0.49 |
| Taxes: | 3,168 |
| Appliances: | Range |
| Cooling: | None |
| Flooring: | Wood |
| Heating: | Propane, Leased Propane Tank |
| Parking Features: | Paved Drive, Off Street |
| Status: | Active |
| Water Source: | Public |
| Year Built: | 1900 |
| Directions: | Central Street to Maple Street |
| Foundation Details: | Stone |
| Postal Code Plus4: | 1423 |
| Construction Materials: | Frame |
| Listing Contract Date: | 2026-01-14 |
| Heating?: | Yes |
| Lot Size Area: | 0.49 |
| Lot Size Square Feet: | 21,127 |
| Rooms Total: | 16 |
| Bathrooms Total Integer: | 4 |
| Basement: | true |
| Basement: | Full |
| Building Area Source: | Public Records |
| Building Area Total: | 3,891 |
| Community Features: | Shopping, Pool, Golf, Laundromat, Bike Path, House of Worship, Private School, Public School |
| Interior Features: | Living Room, Kitchen |
| Levels: | 3 |
| Living Area Units: | Square Feet |
| Lot Size Units: | Acres |
| Number Of Units Total: | 4 |
| Open Parking?: | Yes |
| Parcel Number: | M:5A3 B:0 L:292, 3493668 |
| Rent Includes: | Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water) |
| Road Frontage Type: | Public |
| Road Surface Type: | Paved |
| Sewer: | Public Sewer |
| Zoning: | PD |
| Elementary School: | Toy Town/Memorial Elementary |
| High School: | Murdock High School |
| Middle Or Junior School: | Murdock Middle School |
| Stories Total: | 3 |
| Year Built Source: | Public Records |
| Disclosures: | Shed is excluded and will be removed by the owner. Planned group showings. Property is completely rented with long time tenants. Seller does has Lead Paint Inspection/Risk Assessment report from 2003 for the third floor apartment. |
| Electric Expense: | $1,200 |
| Farm Land Area Units: | Square Feet |
| Gross Income: | $38,400 |
| Insurance Expense: | $4,000 |
| Apod Available: | No |
| Disclosure: | No |
| Dpr Flag: | Yes |
| Flrs 1: | 1 |
| Flrs 2: | 1 |
| Flrs 3: | 2 |
| Flrs 4: | 3 |
| Gre: | 13,368 |
| Heat Units: | 4 |
| Heat Zones: | 4 |
| Lead Paint: | Unknown |
| Lease 1: | Yes |
| Lease 2: | Yes |
| Lease 3: | Yes |
| Lease 4: | Yes |
| Levels 2: | 1 |
| Levels 3: | 1 |
| Levels 4: | 1 |
| Listing Alert: | No |
| List Price Per Sqft: | $122.08 |
| Page: | 24 |
| Price Per Sqft: | $122.08 |
| Square Feet Incl Base: | No |
| Year Round: | Yes |
| Net Operating Income: | $25,032 |
| Operating Expense: | $13,368 |
| Original List Price: | $475,000 |
| Parking Total: | 4 |
| Road Responsibility: | Public Maintained Road |
| Tax Assessed Value: | $269,600 |
| Tax Year: | 2025 |
| Total Actual Rent: | $4,100 |
| Water Sewer Expense: | $3,200 |
| Year Built Details: | Approximate |
| Waterview Flag: | No |
| Bedrms 1: | 2 |
| Bedrms 2: | 3 |
| Bedrms 3: | 3 |
| F Bths 1: | 1 |
| F Bths 2: | 1 |
| F Bths 3: | 1 |
| F Bths 4: | 1 |
| Hot Water: | Propane Gas, Tank |
| Rent1: | 900 |
| Rent2: | 1,300 |
| Rent3: | 1,000 |
| Rent4: | 900 |
| Above Grade Finished Area: | 3,891 |
| Living Area Source: | Public Record |
| Stories: | 3 |
Listing Courtesy of: LAER Realty Partners
Listing Agent: Brenda Albert
Disclaimer:
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
MLS Property Information Network, Inc. data last updated on January 15, 2026 02:25 PM - ET
Property Last Updated: January 15, 2026 02:25 PM - ET