NOT LISTED FOR SALE

4 Negus St Webster, MA 01570

10 Beds
6 Baths
6,336 Sq Ft
0.26 Acres

Last Sold February 27, 2023

Last sale price $585,000 $92 Per Sq Ft

20 Days on Market

About This Home

As of February 2023

Investors take notice! This big, clean fully occupied 6 unit is for sale turn key. This property is owned by an investor and is ready to be handed over to the next investor. All the heavy lifting has been done. All utilities are separate, Plenty of off street parking, Gas heat, great condition and this cash cow is grossing $74,544 yearly!. Looking to do a 1031 or lock up a nice property now, Don't miss this one. Units 5 and 6 rent are combined to show correct yearly income.

Last Agent to Sell the Property

Robert Brown

RE/MAX Executive Realty Listed on: 12/14/2022

RE/MAX Executive Realty

Last Buyer's Agent

Andrew Freed

Four Points Real Estate, LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,353

Year Built

  • Built in 1880

Lot Details

  • 0.26 Acre Lot

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 6,336 Sq Ft Home
  • Property has 1 Level

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 6 Full Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Parking

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

Utilities

  • 6 Heating Zones
  • Heating Available
  • Electric Water Heater

Listing and Financial Details

  • Total Actual Rent $6,512
  • Rent includes unit 1(water), unit 2(heat gas), unit 3(hot water)
  • Legal Lot and Block 2 / N
  • Assessor Parcel Number 1744821

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $972
  • Insurance Expense $4,733
  • Water Sewer Expense $3,097
  • Operating Expense $11,382
  • Net Operating Income $66,762

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,353

Year Built

Built in 1880

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5-9 Family
  • Year Built: 1880
  • Buyer Agency: 2.5
  • Transaction Broker: 1
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 4

Interior Features

  • Fireplace YN: No
  • Appliances: Electric Water Heater
  • Total Bedrooms: 10
  • Full Bathrooms: 6
  • Total Bathrooms: 6
  • Total Bathrooms: 6
  • Basement: Full, Sump Pump
  • Living Area: 6336
  • Stories Total: 4
  • MAIN LO: BB1175
  • LIST PRICE PER Sq Ft: 104.01
  • PRICE PER Sq Ft: 92.33
  • MAIN SO: AN5498

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 10

Utilities

  • Sewer: Public Sewer
  • Heating: Unit 1(Gas), Unit 3(Gas)
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 6
  • HEAT ZONES: 6
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Rent Includes: Unit 1(Water), Unit 2(Heat,Gas), Unit 3(Hot Water)

Fee Information

  • Water Sewer Expenses: 3097

Lot Info

  • Parcel Number: 1744821
  • Zoning: MR12
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.26
  • Lot Size Area: 0.26
  • Lot Size Sq Ft: 11456
  • Lot Size Units: Acres
  • PAGE: 107
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5353.26
  • Tax Block: N
  • Tax Book Number: 62361
  • Tax Lot: 2
  • Tax Map Number: 1

Multi Family

  • Electric Expense: 972
  • Gross Income: 78144
  • Insurance Expense: 4733
  • Net Operating Income: 66762
  • Number Of Units Total: 6
  • Operating Expense: 11382
  • Total Actual Rent: 6512
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 3: 2
  • FLRS 2: 1

Range of Values:

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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 Change Sq Ft Price
02/27/2023 02/27/23 Sold $585,000 -11.2% $92 / Sq Ft
01/04/2023 01/04/23 Pending -- -- --
12/14/2022 12/14/22 For Sale $659,000 +83.1% $104 / Sq Ft
05/08/2020 05/08/20 Sold $360,000 -2.7% $57 / Sq Ft
02/17/2020 02/17/20 Pending -- -- --
11/18/2019 11/18/19 For Sale $369,900 0.0% $58 / Sq Ft
11/02/2019 11/02/19 Pending -- -- --
09/16/2019 09/16/19 For Sale $369,900 -- $58 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73064955

MLS Property Information Network (MLS PIN)