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 two land parcels that total 21.52 acres. One parcel is 10.52 acres, it includes the building and the other is 11.02 acres. Future potential land development opportunity. The apartments consist of one 3 bedroom, 1.5 bath single family residence attached to seven apartments. 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 at market rate could be in the range of $1k-$1,500/Month+ for the apartments and $2k+ for the house. Totaling $9-$12k+/month once renovated and fully rented. Sold As-is. R1 Zoning - Apartments or townhouses w/ a special permit - assisted living yes. Possibilities are endless.
- Property TypeLand
- NeighborhoodN/A
- CountyWorcester
- Taxes$6,549
- HOA/Condo/Coop Fees$0
- Days on Site20 Days
- MLS StatusActive
- MLS ID Number73222799
- Home Size Source N/A
- Year BuiltN/A
- Lot Size21.52 Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Sewer Private Sewer
- Acreage 21.52
- Water Public
- Property Sub Type Residential Land
- Zoning R1
- Buyer Agent Compensation 2
- Facilitator Compensation 1
- Compensation Based On Gross/Full Sale Price
- Sub-Agency Relationship Offered No
- Electricity On-SiteAt Street
Exterior Features
- Waterfront Property Yes
- Waterfront Features WaterfrontPond
- Lot LevelWetlandsWoodedFarm
- Lot Features LevelWetlandsWoodedFarm
- Waterview Features WaterfrontPond
Community Features
- Senior Community No
- Adult Care Community No