31 Prospect St Webster, MA 01570
Estimated payment $4,058/month
Total Views
1,439
10
Beds
5
Baths
4,572
Sq Ft
$147
Price per Sq Ft
Highlights
- Property is near public transit
- Park
- Gentle Sloping Lot
- Porch
- Shops
- Heating Available
About This Home
Investor's dream! This fully updated and occupied 5-unit multifamily property offers a strong rent roll and zero deferred maintenance, perfect for seasoned investors or first-time multifamily buyers, with potential for a 6th unit in the basement for even more income. Each unit has been modernized with updated interiors, while plumbing and electrical systems have been fully upgraded for long-term peace of mind. The building features a fully installed sprinkler system for enhanced safety and code compliance, with on street parking. Whether you're looking to expand your portfolio or start generating passive income right away, this turnkey property delivers stability, cash flow, and low maintenance. Close to major highways and local shopping.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,309
Year Built
- Built in 1908
Lot Details
- 5,793 Sq Ft Lot
- Gentle Sloping Lot
Home Design
- Stone Foundation
- Shingle Roof
Interior Spaces
- 4,572 Sq Ft Home
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 10 Bedrooms
- 5 Full Bathrooms
Laundry
- Dryer
- Washer
Parking
- 2 Car Parking Spaces
- Open Parking
Outdoor Features
- Rain Gutters
- Porch
Location
- Property is near public transit
- Property is near schools
Utilities
- Heating Available
Listing and Financial Details
- Rent includes unit 1(water), unit 2(water), unit 3(water), unit 4(water)
- Assessor Parcel Number M:14 B:B P:8,1746414
Community Details
Overview
- 5 Units
- Property has 1 Level
Amenities
- Shops
Recreation
- Park
Building Details
- Insurance Expense $3,422
- Operating Expense $4,862
- Net Operating Income $86,400
Map
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/01/2025 07/01/25 | Pending | -- | -- | -- |
| 06/25/2025 06/25/25 | For Sale | $669,900 | +563.3% | $147 / Sq Ft |
| 09/28/2018 09/28/18 | Sold | $101,000 | +2.0% | $22 / Sq Ft |
| 09/15/2018 09/15/18 | Pending | -- | -- | -- |
| 09/13/2018 09/13/18 | For Sale | $99,000 | +94.1% | $21 / Sq Ft |
| 06/13/2014 06/13/14 | Sold | $51,000 | -26.1% | $11 / Sq Ft |
| 05/14/2014 05/14/14 | Pending | -- | -- | -- |
| 01/27/2014 01/27/14 | For Sale | $69,000 | -- | $15 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Similar Homes in Webster, MA
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73396584
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