NOT LISTED FOR SALE

110 State Rd E Westminster, MA 01473

14 Beds
9 Baths
5,800 Sq Ft
2.4 Acres

Last Sold December 02, 2015

Last sale price $620,000 $107 Per Sq Ft

76 Days on Market

About This Home

As of December 2015

Unique investment opportunity in picturesque wooded setting with potential for a 6%+ cap rate. The property consists of a 6 unit apartment building with two 1 bed and four 2 bedroom apartments as well as a 3-4 BD/ 2.5 bath (+/- 2500 SF) single family house. This is a perfect opportunity for an owner occupant who wants to live in the single family house and manage the 6 income generating on-site rental apartments. The property is currently 100% tenanted with mostly TAW lease agreements. Over 2 acres of land with potential for further development and plenty of parking. This is a fantastic location within close proximity to RT. 2, Wachusett Mountain Ski Area and the Great Wolf Lodge.

Last Agent to Sell the Property

Zachary Friedman

Compass Listed on: 07/06/2015

Compass

Last Buyer's Agent

Nicholas Pelletier

Keller Williams Realty North Central

Keller Williams Realty North Central

Property Details

Home Type

Multi-Family

Year Built

1978

Lot Details

0

Listing Details

  • Lot Description: Wooded, Paved Drive
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 5
  • Year Built: 1978

Interior Features

  • Has Basement: No
  • Number of Rooms: 18
  • Amenities: Park, Walk/Jog Trails, Golf Course, Conservation Area, Highway Access, Public School, Other (See Remarks)

Exterior Features

  • Foundation: Poured Concrete

Garage/Parking

  • Garage Spaces: 1
  • Parking: Off-Street, Guest, Paved Driveway
  • Parking Spaces: 1

Utilities

  • Hot Water: Natural Gas
  • Sewer: City/Town Sewer
  • Water: City/Town Water

Condo/Co-op/Association

  • Total Units: 7

Lot Info

  • Assessor Parcel Number: M:91 B: L:24
  • Zoning: res

Multi Family

  • APOD Available: Yes
  • Cooling Common: Window AC
  • Heating Common: Gas
  • Interior Features Common: Cable TV Available, Wall to Wall Carpet
  • Common Room: Living Room, Kitchen, Laundry
  • Total Bedrooms: 14
  • Total Floors: 8
  • Total Full Baths: 8
  • Total Half Baths: 1
  • Total Levels: 5
  • Total Rms: 11
  • Total Rent_1: 6140
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/02/2015 12/02/15 Sold $620,000 -4.6% $107 / Sq Ft
09/20/2015 09/20/15 Pending -- -- --
07/06/2015 07/06/15 For Sale $650,000 -- $112 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

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 $9,903 $805,100 $127,800 $677,300
2024 $9,730 $793,600 $127,800 $665,800
2023 $9,860 $755,000 $119,600 $635,400
2022 $10,885 $688,900 $104,000 $584,900
2021 $11,038 $658,600 $86,200 $572,400
2020 $11,160 $635,900 $78,500 $557,400
2019 $11,364 $622,700 $65,300 $557,400
2018 $10,969 $591,300 $68,900 $522,400
2017 $10,627 $584,200 $61,800 $522,400
2016 $9,244 $492,200 $51,500 $440,700
2015 $8,592 $453,400 $51,500 $401,900
2014 $8,606 $453,400 $51,500 $401,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 71868035

MLS Property Information Network (MLS PIN)

APN: WMIN M:91 B: L:24