Unbeatable investment opportunity! This well-maintained 2 unit multi family has 2, count them 2- 4 bedroom units. This awesome property offers plenty of parking making it ideal for tenants or future buyers. Over the years, the property has been updated with modern electrical...
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Last Checked: January 28th, 2025 at 5:19am (Source: MLS PIN #73319370)
Gross Income: $34,800
Gross Expenses: $6,771
Net Income Calc: $28,029
CAP Rate: 7.05%
Beach Front
Annual Expenses for 360 School Street, Webster MA 01570
Total Gross Expenses (Calculated)$6,771/year
APOD AvailableNo
Heating
Electricity
Water$2,751
Gas$2,751
Insurance
Sewer$2,751
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$4,020
Annual Income & Unit Breakdown for 360 School Street, Webster MA 01570
Total Gross Income (Calculated)$34,800
Unit 1
Rental Income$1,600
LeaseN
Bedrooms4
Bathrooms1 Full
Floor1
Levels in Unit0
HeatingYes
Rent IncludesUnit 1(water, Other (see Remarks)), Unit 2(water
Unit 2
Rental Income$1,300
LeaseN
Bedrooms4
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water, Other (see Remarks)), Unit 2(water
General Information for 360 School Street, Webster MA 01570
Listing ID73319370
Property TypeMulti Family
Price$397,500 ($133.84/SqFt)
StyleMulti Family
CityWebster
CountyWorcester
MLS Area
Neighborhood(s)
Approximate Living Area Total2,970 SqFt
Approximate Lot Size (Acres)0.23 acres
Total Parking6
Garage Parking
Year Built1860
Year Built SourcePublic Records
Year Renovated
Year Built DetailsApproximate
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot Features
Foundation Area
Foundation DescriptionStone,Brick/Mortar,Granite
Accessible Features
Outdoor Space
ZoningMR
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront FeaturesBeach Front, Beach Ownership(public), Unknown To Beach, Lake/pond
Energy Features
Terms
Disclosures for 360 School Street, Webster MA 01570
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data SourceOwner
Total Gross Expenses By Broker$2,751
Total Gross Income By Broker$34,800
Total Net Income By Broker$27,000
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based OnGross/full Sale Price
Financial Information for 360 School Street, Webster MA 01570
Real Estate Taxes$4,020
Tax Year2023
Assessed Value$265,300
Financial Data SourceOwner
Total Gross Expenses By Broker$2,751
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$34,800
BostonRealEstate.com Gross Income
Total Net Income By Broker$27,000
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)7.05%
Location Information for 360 School Street, Webster MA 01570
Elementary SchoolPark Avenue
Middle SchoolWebster Middle
High SchoolBartlett
Neighborhood(s)
MLS Area
Area AmenitiesWalk/jog Trails, Highway Access, House Of Worship, Public School, Shopping, Golf, Park, Medical Facility, Laundromat, Marina
Contact Information for 360 School Street, Webster MA 01570