Sold

51 Prospect St, Webster, MA

Webster · MA 01570

$924,000
Price
11
Beds
7
Baths
6520
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1880
Units: 7 Units
Lot size: 1.16 Acres Lot
Price per square foot: $137 / Sq.Ft
Parking: 10 Off Street Spaces

About this home

Perched on a prominent hilltop corner, this stately and substantial 7-unit brick building commands attention with its high-visibility location and classic architecture. Currently operated as a solid multifamily investment with off-street parking, the property offers both stable income and significant upside. Its generous footprint and strategic corner location make it a prime candidate for commercial redevelopment. Several units are occupied by long-term tenants paying well below market rents, presenting an immediate value-add opportunity through rent increases or unit turnover. Whether you're an investor looking to boost cash flow or a developer seeking a future transformation project, this property offers a rare combination of existing stability and long-term potential.

Neighborhood & Transit

51 Prospect St, Webster · MA 01570

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:
302 days
Listing Price:
$895,000
Price per Sq.Ft:
$137
Tax Assessment:
$504,900 in 2025
Taxes:
$500 / Monthly

Home Facts

Interior Features

Bedrooms
11
Full Bathrooms
7
Half Bathrooms
0
Living Area
6,520 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
6520
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
50,397 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
10 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Brick
Roof
Unknown

Green Features

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

Listing information

Listing agent
Edward Murphy
Listing office
7 Hills Real Estate
MLS PIN #
73374822
Disclosure
Agent related to seller