A rare waterfront investment opportunity on Wyman’s Pond! Built in 2018 and situated on nearly 3 acres with a boat dock, this impressive two-family offers nearly 4,000 square feet of living space with 6 bedrooms and 6 bathrooms total - 3 bedrooms and 3 baths in each unit. Both units feature beautiful hardwood floors, spacious open-concept living and dining areas overlooking the water, propane fireplaces and stunning kitchens with oversized islands, walk-in pantries and an abundance of cabinetry and counter space. Each primary suite offers a walk-in closet and luxurious en-suite with a custom tiled shower, soaking tub and double vanities, while two additional bedrooms and another full bath complete the second floor. Both units also offer private back decks and one-car garages, while Unit A adds even more living space with a finished basement. Unit A currently has a tenant in place through April, providing consistent income from day one. Rent out both units or live in one while generating income from the other - all while owning a truly unique waterfront property on Wyman’s Pond.
This home has been viewed 4 times
Last Checked: September 23rd, 2026 at 4:29am (Source: MLS PIN #73566322)
Gross Income: $38,400
Gross Expenses: $11,254
Net Income Calc: $27,146
Waterfront
Annual Expenses for 228 Worcester Rd, Westminster MA 01473
Total Gross Expenses (Calculated)$11,254/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax11254
Annual Income & Unit Breakdown for 228 Worcester Rd, Westminster MA 01473
Total Gross Income (Calculated)$38,400
Unit 1
Rental Income$0
LeaseY
Bedrooms3
Bathrooms2 Full, 1 Half
Floor1
Levels in Unit2
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseN
Bedrooms3
Bathrooms2 Full, 1 Half
Floor2
Levels in Unit2
Rent IncludesHeat
General Information for 228 Worcester Rd, Westminster MA 01473
Listing ID73566322
Property TypeMulti Family
Price1400000 ($358.97/SqFt)
StyleMulti Family
CityWestminster
CountyWorcester
Neighborhood(s)
Approximate Living Area Total3900
Approximate Lot Size (Acres)2.87
Total Parking24 (2 Garage)
Garage Parking2
Year Built2018
Year Built SourcePublic Records
Year Built DetailsActual
WaterPrivate
SewerPrivate Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningR1
Water Views
Water Views Features
Waterfront1
Waterfront FeaturesRiver
Terms
Disclosures for 228 Worcester Rd, Westminster MA 01473
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
Title 5D
ExclusionsRefrigerator In Basement And Table In The Kitchen.
Financial Data Source
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Compensation Based On
Financial Information for 228 Worcester Rd, Westminster MA 01473
Real Estate Taxes11254
Tax Year2026
Assessed Value$959,400
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 228 Worcester Rd, Westminster MA 01473
Elementary SchoolMeetinghouse
Middle SchoolOverlook
High SchoolOakmont
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 228 Worcester Rd, Westminster MA 01473