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Canceled

88 State Rd W, Westminster MA 01473

$899,000

Estimated $2,003/month Calculator

Multi Family

Total Units: 8

Price Per Unit: $112,375

Total Rent: 0/year

Estimated CAP Rate:

9 Bedrooms

Baths

6669

Total Parking: 23 (3 Garage)

65,340 (1.50)

Welcome to The Homestead. Property like this doesn't come along often in Westminster. An 8-unit apartment building with 1.5 acres. To be subdivided. The apartments consist of one 3 bedroom, 1.5 bath single family residence which is attached to seven apartments. One structure, 8-units. Most of the apartments are oversized one beds, some are really big units. Units 2 & 3 are gutted & 90% completed. Property can be delivered rented or vacant but most likely will be delivered vacant so the next person can either fill the property with market rate rents or go straight into renovations. Market rate rents here would be in the range of $1k-$1.5k/Mon.+ for the apartments and $2k+ for the house. Totaling $9-$13k+/month once renovated and fully rented depending on how you rent them out. Sold As-is. R1 Zoning - Apartments or townhouses w/ a special permit - assisted living yes. The possibilities are endless. This could be the cash cow you're looking for. Call for a showing, make me an offer!

This home has been viewed 133 times

Last Checked: October 7th, 2024 at 4:34pm (Source: MLS PIN #73222797)

Gross Income: $0

Gross Expenses: $19,049

Net Income Calc: $19,049

Water Views

Annual Expenses for 88 State Rd W, Westminster MA 01473

Total Gross Expenses (Calculated)$19,049/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax6549

Annual Income & Unit Breakdown for 88 State Rd W, Westminster MA 01473

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

LeaseN

Bedrooms3

Bathrooms3 Full, 1 Half

Floor1

Levels in Unit2

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full, 1 Half

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 3

Rental Income$0

Lease

Bathrooms

Rent IncludesHeat

Unit 4

Rental Income$0

Lease

Bathrooms

Rent IncludesHeat

General Information for 88 State Rd W, Westminster MA 01473

Listing ID73222797

Property TypeMulti Family / 5+ Family

Price899000 ($134.8/SqFt)

Style5-9 Family

CityWestminster

CountyWorcester

Neighborhood(s)

Approximate Living Area Total6669

Approximate Lot Size (Acres)1.5

Total Parking23 (3 Garage)

Garage Parking3

Year Built1920

Year Built SourcePublic Records

Year Built DetailsUnknown/Mixed

WaterPublic

SewerPrivate Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningR1

Water ViewsYes

Water Views FeaturesBay

Waterfront FeaturesRiver

Terms

Disclosures for 88 State Rd W, Westminster MA 01473

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsNelson Pendant Lamp In Third Floor Bedroom/Office.

Financial Data SourceEstimated

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)Lender Owned

Buyer Agent Compensation2

Facilitator Compensation1

Compensation Based OnGross/full Sale Price

Financial Information for 88 State Rd W, Westminster MA 01473

Real Estate Taxes6549

Tax Year2024

Assessed Value$534,200

Financial Data SourceEstimated

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 88 State Rd W, Westminster MA 01473

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 88 State Rd W, Westminster MA 01473

Agent

Name: John Lawrence Despres

Office

Name: LAER Realty Partners

Phone: 844-687-5237

Payment Calculator

, Interest

Property Taxes 545.75

Principal & Interest 5539.35

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

LAER Realty Partners

John Lawrence Despres

Agent Phone

Office Phone

(844) 687-5237

Text Agent Call Agent Call Office

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    [unparsed] => 88 State Rd W, Westminster MA 01473
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EXIT

35 More Photos

Canceled

88 State Rd W, Westminster MA 01473

$899,000

Annual Expenses for 88 State Rd W, Westminster MA 01473

Annual Income & Unit Breakdown for 88 State Rd W, Westminster MA 01473

General Information for 88 State Rd W, Westminster MA 01473

Disclosures for 88 State Rd W, Westminster MA 01473

Financial Information for 88 State Rd W, Westminster MA 01473

Location Information for 88 State Rd W, Westminster MA 01473

Contact Information for 88 State Rd W, Westminster MA 01473

Agent

Office

Payment Calculator

Exclusive Listing Agent

LAER Realty Partners

John Lawrence Despres