Sold
44 South St, Westborough, MA
Westborough · MA 01581
- $1,395,000
- Price
- 13
- Beds
- 4
- Baths
- 7830
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1912
Units:
14 Units
Lot size:
5,188 Sq.Ft Lot
Price per square foot:
$190 / Sq.Ft
Parking:
7 Off Street Spaces
About this home
This 14-unit mixed-use property delivers strong, predictable cash flow through a proven modern co-living model. The asset includes a NNN-leased restaurant, one full studio apartment, and 12 furnished rooms (beds, smart TVs, and refrigerators).The property has been fully renovated, including new electrical and plumbing systems, siding and windows, four new HVAC systems, sprinkler and fire alarm systems, flooring, lighting, carpentry, and insulation. Annual gross revenue exceeds $200k with actual operating expenses of approximately $55k for self-managed operator. Plus Coin-Op laundry income and other value-add still remains. The property was redesigned and branded to attract higher-quality residents, offering free internet and cable, heating and A/C, parking, and professionally maintained common areas, resulting in lower turnover. Ownership says key is in tenant screening and requirement of three months paid upfront to reduce vacancy and risk. Seller willing to remain as consultant
Neighborhood & Transit
44 South St, Westborough · MA 01581
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:
- 303 days
- Listing Price:
- $1,485,000
- Price per Sq.Ft:
- $190
- Tax Assessment:
- $765,600 in 2025
- Taxes:
- $1,039 / Monthly
Home Facts
Interior Features
- Bedrooms
- 13
- Full Bathrooms
- 3
- Half Bathrooms
- 2
- Living Area
- 7,830 Sq.Ft (Includes Basement)
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 5880
- Flooring
- Unknown
- Lead paint
- Unknown
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- Circuit Breakers
Exterior Features
- Lot Size
- 5,188 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- 7 Parking Spaces
Construction Details
- Construction Type
- Unknown
- Siding
- Vinyl
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- Nilton Lisboa
- Listing office
- Lisboa Realty
- MLS PIN #
- 73464464
- Disclosure
- MUST REGISTER FOR SHOWINGS: First Showing on Monday 01/05/26 starting at 10am