Investment Analysis — 411-413 River St

Winchendon, MA 01475

Based on rent reported on the MLS listing plus HUD Small Area Fair Market Rent for 1 vacant unit, a 2-unit multi-family in 01475 carries an estimated $2,930/mo in gross rent — about a 7.72% cap rate and $25,093/yr in estimated NOI at the $325,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

Baths

SqFt

1,602

Style

2 Family - 2 Units Side by Side

Built

1900

Great opportunity for owner occupants or investors with this side-by-side two family home! The spacious 2-bedroom owner’s unit has seen numerous updates, including an updated kitchen and bathroom, newer plumbing and electrical, insulation, and a new oil tank. The first floor features a living room, dining room, kitchen, pantry, and three-season porch, with a mix of hardwood, tile, and newer LVP flooring. Upstairs are two bedrooms with newer flooring plus a versatile foyer/flex space ideal for a home office or study area. The second unit is a 1-bedroom residence with its own electrical panel, propane heat, and hot water, providing an established source of rental income. Utilities are currently included in the rent, while the separate systems offer flexibility for future rental arrangements. Town water and sewer, off-street parking, and a fenced in backyard complete the property. Whether you’re looking to owner occupy while offsetting your mortgage with rental income or add another multi-family to your portfolio, this property offers plenty of possibilities!

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 MLS and other third-party data may be inaccurate or out of date.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.

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