Robert Everett
Media Realty Group Inc
(978) 350-0848
30 Total Sales
1 in Westminster
$525,000 Price
110 State Rd E Westminster, MA 01473
Westminster Area
14
Beds
9
Baths
5,800
Sq Ft
2.4
Acre Lot
About This Home
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
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Property Details
Home Type
Multi-Family
Year Built
1978
Lot Details
2.4 Acres
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
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 6, 2015
Closed on
Dec 2, 2015
Sold by
Floros John
Bought by
Seller's Agent
Zachary Friedman
Compass
Buyer's Agent
Nicholas Pelletier
Keller Williams Realty North Central
List Price
$650,000
Sold Price
$620,000
Premium/Discount to List
-$30,000
-4.62%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
3.83%
Mortgage Type
Commercial
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Westminster, MA
-
Robert Everett
-
Benjamin Roy
Benjamin Roy
Coldwell Banker Realty - Leominster
(978) 798-6974
51 Total Sales
3 in Westminster
$427K - $660K Price Range
-
Chad King
Chad King
Prospective Realty INC
(978) 350-1119
36 Total Sales
1 in Westminster
$900,000 Price
-
Renee Moussally
Renee Moussally
Coldwell Banker Realty
(401) 208-2623
125 Total Sales
1 in Westminster
$650,000 Price
-
Maurissa Thibeault
Maurissa Thibeault
Coldwell Banker Realty Leominster MA
(978) 850-6298
125 Total Sales
7 in Westminster
$262K - $708K Price Range
-
The Macchi Group
The Macchi Group
William Raveis R.E. & Home Services
(774) 271-5857
142 Total Sales
1 in Westminster
$475,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $620,000 | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $200,000 | ||
| Open | Pelletier Prop Llc | $500,000 | |
| Closed | -- | $450,000 | |
| Previous Owner | Kalagher David R | $105,050 |
Source: Public Records
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
-
ZF
Seller's Agent in 2015
Zachary Friedman
Compass
-
Nicholas Pelletier
Buyer's Agent in 2015
Nicholas Pelletier
Keller Williams Realty North Central
(978) 833-2031
82 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 71868035
APN: WMIN M:91 B: L:24
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
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 its 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.
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