Investment Analysis — 20 Mechanic St

Winchendon, MA 01475

Based on rent reported on the MLS listing, a 2-unit multi-family in 01475 carries $3,550/mo in gross rent — about a 6.25% cap rate and $29,701/yr in estimated NOI at the $475,000 list price. Adjust every assumption in the calculator below.

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Beds

Baths

2.5

SqFt

2,824

Style

2 Family - 2 Units Up/Down

Built

1880

Welcome to 20 Mechanic Street! This true two-family property offers a total of 6 bedrooms and 2 full bathrooms, with each unit featuring 3 bedrooms and 1 full bath. Extensively renovated approximately five years ago, the property was taken down to the studs and rebuilt with major updates throughout. Improvements include updated electrical and plumbing, spray foam insulation in the walls and floors, updated kitchens and bathrooms, newer water heaters, and mini-split systems providing heating and cooling in each unit. The exterior has also been updated with a newer roof, siding, and windows—all completed within the last five years. With extensive improvements already completed and two spacious 3-bedroom units, this property offers an excellent opportunity to add a substantially updated multifamily to your real estate portfolio.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.