NOT LISTED FOR SALE

173 School St Webster, MA 01570

8 Beds
4.5 Baths
5,041 Sq Ft
5,978 Sq Ft Lot

Last Sold November 28, 2023

Last sale price $650,000 $129 Per Sq Ft

23 Days on Market

About This Home

As of November 2023

BACK ON MARKET!! CASH COW! Add this charming 4 unit multi-family to your portfolio! With wood floor detailing, crown molding, and high rent-roll it’s sure to be a great investment. A total of 8 bedrooms and 4.5 bathrooms providing ample space for comfortable living. Each unit with its own unique character and layout ensures privacy for residents. All units have been tastefully updated. Each unit comes with a fridge and stove and there are 4 parking spaces off-street. Roof is just under four years old! Located right off of Main Street in downtown Webster, you have access to the local strip of retail, pharmacies, and grocery only minutes away! With a high monthly rent roll, this property pays for itself. The 2 bedroom unit is vacant, which makes this a great property for an owner to occupy and start their investment portfolio!

Last Agent to Sell the Property

Tina Martinelli

Byrnes Real Estate Group LLC Listed on: 10/03/2023

Co-Listed By

Elizabeth Duffy

Lamacchia Realty, Inc.

Last Buyer's Agent

Daniel Davies

Property Investors & Advisors, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,506

Year Built

  • Built in 1880

Lot Details

  • 5,978

Home Design

  • 5,041 Sq Ft Home
  • Shingle Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 8 Bedrooms

Parking

  • 4 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Additional Features

  • 5,978 Sq Ft Lot
  • Heating Available

Listing and Financial Details

  • Total Actual Rent $6,200
  • Rent includes unit 1(heat water), unit 2(water), unit 3(water)
  • Assessor Parcel Number 1744857

Community Details

Overview

  • 4 Units
  • Property has 2 Levels

Building Details

  • Insurance Expense $3,276
  • Water Sewer Expense $3,480
  • Operating Expense $16,400
  • Net Operating Income $74,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,506

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 4 Family
  • Year Built: 1880
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 5

Interior Features

  • Fireplace YN: No
  • Appliances: Unit 1(Range,Refrigerator), Unit 2(Range,Refrigerator), Unit 3(Range,Refrigerator), Unit 4(Range,Refrigerator)
  • Total Bedrooms: 8
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Living Area: 5041
  • Spa YN: No
  • Stories Total: 5
  • MAIN LO: AN7224
  • MAIN SO: AN6259

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Home Warranty YN: No
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Heating: Other, Unit 1(Oil), Unit 2(Hot Water Baseboard,Gas), Unit 3(Hot Water Baseboard,Gas), Unit 4(Hot Water Baseboard,Gas)
  • Heating YN: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Rent Includes: Unit 1(Heat,Water), Unit 2(Water), Unit 3(Water)
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 3480

Lot Info

  • Parcel Number: 1744857
  • Zoning: MR-12
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.14
  • Lot Size Sq Ft: 5978
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 6506

Multi Family

  • Insurance Expense: 3276
  • Net Operating Income: 74400
  • Number Of Units Total: 4
  • Operating Expense: 16400
  • Total Actual Rent: 6200
  • LEVELS 1: 2
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 3: 2

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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List Price
Sold Price
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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 Prior Sale
11/28/2023 11/28/23 Sold $650,000 +4.0% $129 / Sq Ft
10/27/2023 10/27/23 Pending -- -- --
10/19/2023 10/19/23 Price Changed $625,000 -3.8% $124 / Sq Ft
10/17/2023 10/17/23 For Sale $649,900 0.0% $129 / Sq Ft
10/10/2023 10/10/23 Pending -- -- --
10/03/2023 10/03/23 For Sale $649,900 +62.5% $129 / Sq Ft
12/21/2020 12/21/20 Sold $400,000 -11.1% $88 / Sq Ft View Prior Sale
11/13/2020 11/13/20 Pending -- -- --
10/21/2020 10/21/20 For Sale $449,999 -- $99 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2023

    Tina Martinelli

    Byrnes Real Estate Group LLC

    (774) 230-5052

    8 in this area

    29 Total Sales

    Tina Martinelli
    Section Image

  • E

    Seller Co-Listing Agent in 2023

    Elizabeth Duffy

    Lamacchia Realty, Inc.

    1 in this area

    2 Total Sales

    Elizabeth Duffy
    Section Image

  • D

    Buyer's Agent in 2023

    Daniel Davies

    Property Investors & Advisors, LLC

    1 in this area

    5 Total Sales

    Daniel Davies
    Section Image
  • Jeffrey Torres

    Seller's Agent in 2020

    Jeffrey Torres

    Property Investors & Advisors, LLC

    (508) 801-1607

    8 in this area

    103 Total Sales

    Jeffrey Torres
    Section Image
  • Kimberly Allen

    Buyer's Agent in 2020

    Kimberly Allen

    Berkshire Hathaway HomeServices Realty Professionals

    (413) 221-4885

    3 in this area

    293 Total Sales

    Kimberly Allen
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73166157

MLS Property Information Network (MLS PIN)
Massachusetts Worcester County Webster CDP 01570

173 School St, Webster CDP, MA

Not Listed for Sale

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