Off Market

88 State Rd W, Westminster, MA

Westminster · MA 01473

$1,300,000
Price
10
Beds
8.5
Baths
6669
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1920
Units: 8 Units
Lot size: 21.52 Acres Lot
Price per square foot: $195 / Sq.Ft
Parking: 3 Garage Spaces · 20 Off Street Spaces

About this home

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 would be in the range of $1k-$1.5k/Mon.+ 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. The possibilities are endless. Make me an offer!

Neighborhood & Transit

88 State Rd W, Westminster · MA 01473

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:
937 days
Listing Price:
$1,300,000
Price per Sq.Ft:
$195
Tax Assessment:
$452,200 in 2023
Taxes:
$492 / Monthly

Home Facts

Interior Features

Bedrooms
10
Full Bathrooms
8
Half Bathrooms
1
Living Area
6,669 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
6669
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
937,411 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
3 Parking Spaces
Off Street Parking
20 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Clapboard, Wood
Roof
Unknown

Green Features

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

Listing information

Listing agent
John Despres
Listing office
LAER Realty Partners
MLS PIN #
73222796
Disclosure
OWNER IS REAL ESTATE AGENT. PROPERTY IS SOLD IN AS-IS, WHERE-IS CONDITION. SELLER MAKES NO WARRANTIES OR REPRESENTATIONS AS TO THE CONDITION OR FUNCTIONALITY OF THE HOME OR ITS SYSTEMS. BUYER/BUYER AGENT RESPONSIBLE FOR ALL DUE DILIGENCE AND VERIFYING ALL INFORMATION IN THIS LISTING.