Sold

43537 Mill St Unit 0, Webster, MA

Webster · MA 01571

$295,000
Price
18
Beds
6
Baths
6612
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1850
Units: 6 Units
Lot size: 0.54 Acre Lot
Price per square foot: $47 / Sq.Ft
Parking: 4 Garage Spaces · 10 Off Street Spaces

About this home

Great investment property with a tremendous income potential, 6 Units townhouses style with individual entrances, 4 detached garages and plenty of parking. Three apartments have been renovated, a fourth one is almost finished. Seller will not fix the remaining two Units, the property is priced accordingly. There are two lots on this property bringing the grand total of land to .54 Acre (23,366) the second lot is off Market St - tax bill listed on the attachments - 31 Market St and 3-13 Mill St - 3 UNITS (3, 7, 13) are currently rented - 4t UNIT(7) ready to rent - 5th UNIT (5) Renovation in progress - 6th UNIT (11) needs total renovation - Cap rate over 12% with only 3 units rented - Projected Cap rate with all units and garages rented at market value would be 29.1%

Neighborhood & Transit

43537 Mill St, Webster · MA 01571

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

No subway or commuter rail stations within 0.5 mile.

Price Insight

Days on Market:
2596 days
Listing Price:
$309,900
Price per Sq.Ft:
$47
Tax Assessment:
$247,400 in 2018
Taxes:
$317 / Monthly

Home Facts

Interior Features

Bedrooms
18
Full Bathrooms
6
Half Bathrooms
0
Living Area
6,612 Sq.Ft
Broker Disclosure about Living Area
0
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
Unknown
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Unknown

Exterior Features

Lot Size
23,366 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
4 Parking Spaces
Off Street Parking
10 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Unknown
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Vera Lucia Dias
Listing office
LAER Realty Partners
MLS PIN #
72395183