Seller's Agent in 2025
Nicholas Redden
Byrnes Real Estate Group LLC
(978) 763-5370
1 Total Sale
11 5th Ave Unit 15 Webster, MA 01570
10
Beds
7
Baths
5,970
Sq Ft
0.49
Acres
Highlights
- Porch
- Heating System Uses Natural Gas
- 2-minute walk to Guenther Square
- 3 Car Garage
About This Home
As of August 2025Outstanding Turnkey Investment Opportunity! Welcome to 11-15 5th Ave in Webster, MA—a rare offering featuring two buildings on one parcel, totaling 7 fully leased units. This well-maintained multi-family property has seen significant updates, with five out of seven units renovated to include modern finishes and upgrades. All units are rented at market or above-market rates, providing strong, immediate cash flow with no deferred rent concerns. The property also features a paved driveway with generous off-street parking, a valuable amenity for tenants. Located in a convenient neighborhood close to downtown Webster, schools, shopping, and major routes, this investment offers both long-term stability and upside potential. Whether you're expanding your portfolio or entering the multifamily market, 11-15 5th Ave checks all the boxes.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,639
Year Built
- Built in 1900
Parking
- 3 Car Garage
- Driveway
- Open Parking
- Off-Street Parking
Home Design
- 5,970 Sq Ft Home
- Stone Foundation
- Frame Construction
- Shingle Roof
Bedrooms and Bathrooms
- 10 Bedrooms
- 7 Full Bathrooms
Additional Features
- Range
- Porch
- 0.49 Acre Lot
- Heating System Uses Natural Gas
Listing and Financial Details
- Total Actual Rent $9,700
- Rent includes unit 1(water), unit 2(water), unit 3(water), unit 4(water)
- Assessor Parcel Number M:13 B:C P:7
Community Details
Overview
- 7 Units
- Property has 1 Level
Building Details
- Electric Expense $445
- Insurance Expense $6,055
- Water Sewer Expense $4,450
- Operating Expense $18,886
- Net Operating Income $89,375
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 6, 2025
Closed on
Aug 15, 2025
Sold by
Byrnes Inv Group Llc
Bought by
Afm Rt and Marble
Seller's Agent
Nicholas Redden
Byrnes Real Estate Group LLC
Buyer's Agent
Nicholas Redden
Byrnes Real Estate Group LLC
List Price
$980,000
Sold Price
$975,000
Premium/Discount to List
-$5,000
-0.51%
Views
18
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-99.01%
Original Mortgage
$393,000
Outstanding Balance
$392,662
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$142,231
Purchase Details
Closed on
Jan 31, 2023
Sold by
Afm Rt
Bought by
Byrnes Inv Group Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$664,000
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
May 10, 2017
Sold by
Marble Allan
Bought by
Afm Rt
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Interest Rate
4.14%
Mortgage Type
Unknown
Purchase Details
Closed on
Jun 18, 1997
Sold by
Kiley Donald R and Kiley Blanche J
Bought by
Stately Alan P and Stately Laurie A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.87%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | $975,000 | -- | |
| Quit Claim Deed | $975,000 | -- | |
| Quit Claim Deed | $665,000 | None Available | |
| Quit Claim Deed | $665,000 | None Available | |
| Deed | -- | -- | |
| Deed | -- | -- | |
| Deed | $100,000 | -- | |
| Deed | $100,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $393,000 | New Conventional | |
| Closed | $393,000 | New Conventional | |
| Previous Owner | $664,000 | Purchase Money Mortgage | |
| Previous Owner | $247,500 | Unknown | |
| Previous Owner | $40,000 | No Value Available | |
| Previous Owner | $100,000 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/15/2025 08/15/25 | Sold | $975,000 | -0.5% | $163 / Sq Ft |
| 05/19/2025 05/19/25 | Pending | -- | -- | -- |
| 05/06/2025 05/06/25 | For Sale | $980,000 | -- | $164 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,178 | $183,300 | $51,300 | $132,000 |
| 2024 | $2,103 | $172,700 | $49,300 | $123,400 |
| 2023 | $1,886 | $150,900 | $46,900 | $104,000 |
| 2022 | $1,885 | $135,000 | $45,600 | $89,400 |
| 2021 | $1,871 | $123,900 | $45,600 | $78,300 |
| 2020 | $1,771 | $117,600 | $45,600 | $72,000 |
| 2019 | $1,777 | $115,900 | $45,600 | $70,300 |
| 2018 | $1,661 | $107,900 | $45,600 | $62,300 |
| 2017 | $1,584 | $104,700 | $44,600 | $60,100 |
| 2016 | $1,481 | $97,800 | $44,600 | $53,200 |
| 2015 | $1,408 | $95,900 | $43,800 | $52,100 |
Source: Public Records
Agents Affiliated with this Home
-
Nicholas Redden
-
Tina Martinelli
T
Seller Co-Listing Agent in 2025
Tina Martinelli
Byrnes Real Estate Group LLC
(774) 230-5052
28 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73370531
APN: WEBS-000013-C000000-000006
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