INVESTOR ALERT!!! Rare opportunity to own this 7-unit investment property. Units range from studio, 1 bedroom, 2 and 3 bedrooms. Rents are below market as tenants are long-term tenants. This is a true cash-cow and a great investment opportunity to add to your portfolio. Studio and 2 bed are currently vacant. Basement and 2 vacant units can be easily shown. For serious buyers only we can set up a second appointment to view the rest of the units. NEW ALARM SYSTEM is currently being put in.
This home has been viewed 60 times
Last Checked: May 6th, 2024 at 11:45pm (Source: MLS PIN #73065318)
Gross Income: $22,500
Gross Expenses: $2,200
Net Income Calc: $20,300
Annual Expenses for 36 Lake St, Webster MA 01570
Total Gross Expenses (Calculated)$2,200/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax2200
Annual Income & Unit Breakdown for 36 Lake St, Webster MA 01570
Total Gross Income (Calculated)$22,500
Unit 1
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
Lease
Bathrooms
Rent Includes
Unit 4
Rental Income$0
Lease
Bathrooms
Rent Includes
General Information for 36 Lake St, Webster MA 01570
Listing ID73065318
Property TypeMulti Family / 5+ Family
Price699000 ($139.8/SqFt)
Style5-9 Family
CityWebster
CountyWorcester
Neighborhood(s)
Approximate Living Area Total5000
Approximate Lot Size (Acres)0.14
Total Parking4 (2 Garage)
Garage Parking2
Year Built1900
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor Space
ZoningRes
Water Views
Water Views Features
Waterfront Features
Terms
Disclosures for 36 Lake St, Webster MA 01570
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsAll Personal Property.
Financial Data Source
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2
Facilitator Compensation1
Compensation Based OnNet Sale Price
Financial Information for 36 Lake St, Webster MA 01570
Real Estate Taxes2200
Tax Year2021
Assessed Value$144,600
Financial Data Source
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 36 Lake St, Webster MA 01570
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 36 Lake St, Webster MA 01570