88 State Rd W Westminster, MA 01473
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!
- Property TypeMulti-Family
- NeighborhoodN/A
- CountyWorcester
- Taxes$6,549
- HOA/Condo/Coop Fees$0
- Days on Site20 Days
- MLS StatusActive
- MLS ID Number73222797
- Home Size Source Public Records
- Year Built1920
- Lot Size1.5 Acres
- Full Baths8
- Partial Baths1
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General Features
- Construction Frame
- Parking Paved DrivePaved
- Parking Spaces 20
- Sewer Private Sewer
- Basement FullSump PumpDirt FloorConcrete
- Number of Stories 3
- Acreage 1.5
- Water Public
- Property Sub Type Multi Family
- Garage Spaces 3
- Foundation BlockStoneSlab
- Zoning R1
- Buyer Agent Compensation 2
- Facilitator Compensation 1
- Compensation Based On Gross/Full Sale Price
- Sub-Agency Relationship Offered No
- Garage 3
- Parking Features Paved DrivePaved
Interior Features
- Flooring WoodVinyl
- Fireplaces 3
- Fireplace Yes
Exterior Features
- Roof ShingleRubber
- Spa No
- Waterfront Property Yes
- Waterfront Features WaterfrontPond
- Waterview Features WaterfrontPond
Community Features
- Senior Community No
- Adult Care Community No