A & E Realty Company, Inc | West Boylston Real Estate, Worcester Real Estate, Holden Real Estate

88 State Rd W, Westminster, MA 01473  

Multi-Family
$595,000
Price
8
Units
6,741
Approx. GLA
The Homestead Apartments, an incredible investment opportunity in the beautiful town of Westminster. Offering a country setting with highway access for commuters. Unique 8 unit multi family that is made up of 7 one bedroom units, and an attached 3 bedroom home. The attached single family could be owner occupied, while renting the 7 units. The units have undergone many recent updates including mechanicals, flooring . Current rents are well below market rates, rents have not been increased since 2010. 7 of the units are heated with gas, one with oil. Heat, electric is separate to each unit. Hot water is included in 6 of the units rents, 2 units have separate hot water. There is ample off street parking, and a three car detached garage with maintenance room. Future additional potential development for multi family dwellings! Showings will be held on Tuesdays between 2:00 and 4:00 PM. The attached single family home is available for November occupancy! Call today to schedule a showing!!
Open House
No scheduled Open Houses
Highlights
Basement Features: Partial
List Price: $595,000
Type: Multi-Family
Multi-Family Type: 5+ Family - 5+ Units Side by Side
Status: Active
Beds: 9
Baths: 8
Half Baths: 1
Units: 8
Year Built: 1920
Approx. GLA: 6,741
MLS#: 72381461
Interior
Basement: Yes
Electric Features: Circuit Breakers
Heating Units: 8
Flooring: Wood, Tile, Vinyl, Wall to Wall Carpet, Varies Per Unit
Fireplaces: 3
Hot Water: Varies Per Unit
Rooms: 32
Lead Paint: Unknown
Total Floors: 2
Exterior
Water: No
Acres: 21.52
Lot Size: 937,411.00
Lot Description: Paved Drive
Foundation: Slab
Garage Spaces: 2
Parking Spaces: 8
Parking Features: Off-Street, Paved Driveway
Road Type: Public
Construction: Frame
Roof Material: Asphalt/Fiberglass Shingles, Rubber
Exterior: Clapboard
Exterior Features: Porch
Water: City/Town Water
Water: City/Town Water
Taxes
Short Sale Lender Approval: No
Title 5: Not Done
Lender Owned: No
APOD Available: Yes
Assessed Price: $299,150
Taxes: $7,266
Tax Year: 2018
Book/Page: 6153/370
Beach
Beach: No
Expenses
Expenses Source: Pro. Forma Available
Gross Income: $28,200
Total Rent: $5,150
Net Income: $28,200
 
 
Additional
Amenities: Walk/Jog Trails, Golf Course, Conservation Area, Highway Access, House of Worship, Public School
Disclosure Declaration: No
Disclosure: Buyers / Buyers agents to do their due diligence. A portion of the land is currently in 61A and is in the process of being removed. The owner may need time to remove several storage trailers from the property after closing.
Units
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 4 1 0 1 1 0 No 1 $600
Unit 2 6 3 2 1 1 1 Yes 2 $1,200
Unit 3 3 1 0 1 1 0 No 1 $550
Units Extras
Common
Rooms:  Other (See Remarks) 
Map
Area Sales
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The listing office is A & E Realty Company and the listing agent is Anthony J. Evangelista. The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and it's subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein. The data was last modified on 12/14/2018 10:35:00 PM.
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