1210 Main St, Warren, MA 01083

Property Description

MULTI-STRUCTURE ESTATE & INCOME COMPOUND. Offered at $750,000 | 1210 Main Street, Warren, MA 01083. Executive Investment Summary: Discover a rare Worcester County multi-property holding featuring four distinct structures on 0.76 level acres. Combining substantial residential multi-family cash flow with an established commercial retail storefront, this versatile compound delivers multiple independent revenue streams, exceptional capitalization potential, and strong long-term New England real estate appreciation. Whether you are a seasoned portfolio investor or an owner-occupant seeking built-in income, this turnkey asset offers unmatched operational versatility. Property Composition & Asset Breakdown: Historic Main Residence (Circa 1892): Spanning approximately 3,500+ sq. ft., this grand New England home features 5 spacious bedrooms and 2.5 bathrooms. Period craftsmanship shines through gleaming original hardwood floors, classic architectural woodwork and trim, dual staircases, and a functional winter fireplace, all complemented by generous living spaces and abundant storage. Ideal for executive long-term leasing, co-living models, or comfortable owner-occupancy. Two Detached Guest Cabins: These self-contained auxiliary dwelling units provide complete separation and privacy from the main house. Thoughtfully positioned on the lot, they are well-suited for annual tenant rentals, short-term vacation stays (Airbnb/VRBO), or stable workforce housing. Turnkey Retail Cabin: A freestanding commercial structure currently operating as a popular, high-visibility community bait and country store. Offering immediate roadside exposure, high-traffic frontage along Route 67, and flexible commercial or retail utility, it provides a ready-made footprint for business operations. Grounds & Parking: Set on 0.76 level, easily maintained acres with expansive off-street parking designed to effortlessly accommodate residents, overnight guests, and steady commercial patrons simultaneously. Financial Upside & Pro Forma Potential: With four independent income streams consolidated on a single parcel, this asset acts as a natural hedge against localized vacancy risk. Combined Gross Potential: Estimated annual gross revenue ranging from $74,400 to $87,600. Favorable GRM: Highly attractive Gross Rent Multiplier (~8.5x–10.0x) compared to tighter urban core averages. Strategic Flexibility: Multiple exit and management strategies include NNN commercial leasing, short-term rental arbitrage.