Address
31-33 Fifth Ave Webster, MA
Price
$ 1,400,000
Property Attributes
  • MLS#72915068
  • TypeContingent
  • CountyWORCESTER
  • CityWebster
  • Zip01570
  • Style5-9 Family
  • Year Built1900
  • Taxes$ 12075
  • Price$ 1,400,000
  • Bedrooms20
  • Full Bathrooms9
  • Half Bathrooms4
  • Sqr Footage13740
  • Lot Size1.07 Acres
Listing Provided Courtesy Of:
Kevin Curry with Berkshire Hathaway HomeServices Commonwealth Real Estate.
Data Source:
Massachusetts MLS Property Info Network (MLSPIN) - 3 - MA
Property Description

Rare and profitable Investment Property. Nine (9) Unit Multifamily located in Two Buildings, near downtown Webster. Located on 1.07 attractive Acres with 264 street frontage. Lead certs available for 5 Units. Other 4 Unit were built in 2004 with garage under. New dry sprinkler system installed in the garages in Aug 2021. New (9/21) roof on 4 units located in 31 Fifth Ave Building. . Most units remodeled in last 3 years. NO carpet, except on stairs. Only vacancy has been for remodeling when a tenant left. Tenants pay all utilities except Water/Sewer. Low maintenance vinyl siding. Parking for 22 cars Off Street. Gross yearly rents = $131,640. Expenses $25,198 + R.E. Taxes $12,075 = NOI $94,367. Cap rate 6.75. Great Cash Flow with nice tenants. GROUP SHOWINGS ON TUES 11/9 AND THURS 11/11 AT NOON. NO SHOWINGS BEFORE 11/9. CALL TO REGISTAR FOR GROUP SHOWINGS. OFFERS BY NOON SAT.11/13.

Price History
11/2/2021 Listed $1,400,000

General Features

Construction Material Frame
Electrical Equipment/Features Circuit Breakers, Individually Metered
Flooring Tile, Hardwood, Wood Laminate
Full Baths 9
Half Baths 4
Lead Paint Certified Treated, Unknown
Levels 3
Parking Features Off-Street
Parking Spaces 22
Roof Asphalt/Fiberglass Shingles
Sewer City/Town Sewer
Square Feet 13740.00
State Massachusetts
Unit 1 Rent 1500
Unit 2 Rent 1320
Year End Expenses 10/21

Interior Features

Bedrooms (1) 3
Bedrooms (2) 4
Hot Water Natural Gas, Tankless
Total Bedrooms 20
Total Number of Units 9

Exterior Features

Exterior Vinyl
Foundation Poured Concrete, Fieldstone
Garage Spaces 4
Lot Description Paved Drive

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Contingent Average in 01570

Price
AVG $500K
$1.4M
Taxes
AVG $4,757
$12,075
Visits
AVG 15
77
Year Built
AVG 1961
1900

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