88 State Rd W

    Westminster, MA 01473
    • $595,000
    • STATUS: Active
    • MLS #: 72355311
    UPDATED: 43 min ago
    $595,000
    • 0
      BEDS
    • 21.52
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial-Lease
    Built:
    1920
    County:
    Area:

    School Ratings & Info

    Listing courtesy of Anthony Evangelista of A & E Realty Company.

    Description

    The Homestead Apartments, an incredible investment opportunity in the beautiful town of Westminster. Offering a country setting with highway access for commuters. Unique 8 unit multi family that is made up of 7 one bedroom units, and an attached 3 bedroom home. The attached single family could be owner occupied, while renting the 7 units. The units have undergone many recent updates including mechanicals, flooring . Current rents are well below market rates, rents have not been increased since 2010. 7 of the units are heated with gas, one with oil. Heat, electric is separate to each unit. Hot water is included in 6 of the units rents, 2 units have separate hot water. There is ample off street parking, and a three car detached garage with maintenance room. Future additional potential development for multi family dwellings! Showings will be held on Tuesdays between 2:00 and 4:00 PM. The attached single family home is available for November occupancy! Call today to schedule a showing!!

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    The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2018-11-20T11:47:29.493.
    www.westcottproperties.com/homes/85201869

    88 State Rd W Westminster, MA 01473

    • Price: $595,000
    • Status: Active
    • Updated: 43 min ago
    • MLS #: 72355311
    0
    Beds
    0
    Baths
    0
    ½ Baths
    21.52
    Acres
    1920
    Built
    Neighborhood:
    Other
    County:
    Worcester
    Area:
    Other
    Property Description
    The Homestead Apartments, an incredible investment opportunity in the beautiful town of Westminster. Offering a country setting with highway access for commuters. Unique 8 unit multi family that is made up of 7 one bedroom units, and an attached 3 bedroom home. The attached single family could be owner occupied, while renting the 7 units. The units have undergone many recent updates including mechanicals, flooring . Current rents are well below market rates, rents have not been increased since 2010. 7 of the units are heated with gas, one with oil. Heat, electric is separate to each unit. Hot water is included in 6 of the units rents, 2 units have separate hot water. There is ample off street parking, and a three car detached garage with maintenance room. Future additional potential development for multi family dwellings! Showings will be held on Tuesdays between 2:00 and 4:00 PM. The attached single family home is available for November occupancy! Call today to schedule a showing!!
    Exterior Features

    Construction Frame Frontage 429.00 Location SuburbanHighway Access Parking Features Garage11-20 SpacesPaved Driveway Parking Spaces 10 Roof Material MembraneShingle Stories 2

    Interior Features

    Maf Building Sq Ft 0.00 Ref Building Sq Ft 0.00 Rsf Building Sq Ft 6741.00 Waf Building Sq Ft 0.00

    Property Features

    Assessed Value Building 224900.00 Assessed Value Land 166850.00 Assessed Value Total 391750.00 Commercial Industrial Type 5+ Residential Disclosure No Disclosures Buyers / Buyers Agents To Do Their Due Diligence. A Portion Of The Land is Currently in 61A And is in The Process Of Being Removed. The Owner May Need Time To Remove Several Storage Trailers From The Property After Closing. Exchange No Gross Annual Expense 20865.00 Gross Annual Income 61800.00 Lease Yes Lease Price Includes Other (See Remarks) Lease Type Other (See Remarks) Lender Owned No Mau Units 0 Net Operating Income 40935.00 Ofu Units 0 On File21 E No Reu Units 0 Rsu Units 8 Short Sale Lender App Required No Space Available For Sale Sublet No Tax Year 2018 Taxes 7266.00 Utilities Public WaterPrivate Sewer Wau Units 0 Year Built Source Pr Zone Description Legal Conforming Zoning R1

    Listing information © 2018 MLS Property Information Network. All information is deemed reliable but should be independently verified.
    Listing provided courtesy of Anthony Evangelista of A & E Realty Company.


    The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2018-11-20T11:47:29.493.
     
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    Listing courtesy of Anthony Evangelista of A & E Realty Company.