Elaine Evans Group
RE/MAX Generations
(774) 307-7101
154 Total Sales
1 in Westborough
$445,000 Price
40 E Main St Westborough, MA 01581
Westborough AreaEstimated Value: $780,000 - $868,259
6
Beds
2
Baths
3,168
Sq Ft
$266/Sq Ft
Est. Value
Highlights
- Medical Services
- Property is near golf course, public transit, and schools
- 2 Fireplaces
- Westborough High School Rated A+
- Wood Flooring
- 1-minute walk to Bay State Green
About This Home
As of March 2024Investors, business owners seize the chance to own a promising two-family property in the center of town with a stellar floor plan and fantastic potential for value appreciation. This versatile investment property is ready for your strategic touch to turn it into a lucrative venture. Key highlights: Central Location - Situated in the heart of town, this property is purposefully located for maximum rental appeal or burgeoning business, large off-street parking. Enjoy easy access to local amenities, schools and train station, ensuring a steady demand from prospective tenants. Take advantage of the growing demand for rental properties in the area. This investment not only offers potential cash flow but also presents long-term value appreciation as the town continues to thrive. Whether you're a seasoned investor or just entering the real estate market, this two-family property is a canvas for financial success. Schedule a viewing today to explore the untapped potential within these walls.
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,490
Year Built
- Built in 1922
Lot Details
- 11,234 Sq Ft Lot
- Corner Lot
- Level Lot
- Cleared Lot
Home Design
- Duplex
- Frame Construction
- Shingle Roof
- Concrete Perimeter Foundation
- Marble or Granite Building Materials
Interior Spaces
- 3,168 Sq Ft Home
- Property has 1 Level
- Ceiling Fan
- 2 Fireplaces
- Wood Burning Fireplace
- Insulated Windows
- Window Screens
- Insulated Doors
- Living Room
- Dining Room
- Washer and Electric Dryer Hookup
Kitchen
- Range
- Disposal
Flooring
- Wood
- Laminate
- Tile
Bedrooms and Bathrooms
- 6 Bedrooms
- 2 Full Bathrooms
- Bathtub with Shower
Unfinished Basement
- Basement Fills Entire Space Under The House
- Interior Basement Entry
Parking
- 10 Car Parking Spaces
- Stone Driveway
- Unpaved Parking
- Open Parking
- Off-Street Parking
Location
- Property is near golf course, public transit, and schools
Utilities
- No Cooling
- 2 Heating Zones
- Heating System Uses Oil
- Hot Water Heating System
- 100 Amp Service
Listing and Financial Details
- Total Actual Rent $5,700
- Rent includes unit 1(heat hot water), unit 2(heat hot water)
- Tax Block 000189
- Assessor Parcel Number M:0020 B:000189 L:0,1734781
Community Details
Amenities
- Medical Services
- Shops
Recreation
- Tennis Courts
- Park
Additional Features
- 2 Units
- Net Operating Income $68,400
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
Jan 31, 2024
Closed on
Mar 15, 2024
Sold by
Bought by
Seller's Agent
Mary Wood
Lamacchia Realty, Inc.
Buyer's Agent
Aprilian Homes Team
Aprilian Inc.
List Price
$749,900
Sold Price
$700,000
Premium/Discount to List
-$49,900
-6.65%
Views
114
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,815
Avg. Annual Appreciation
7.92%
Original Mortgage
$631,313
Interest Rate
6.63%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Mar 16, 2005
Sold by
Bought by
Purchase Details
Closed on
Jun 9, 2004
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Westborough, MA
-
Elaine Evans Group
-
Key Nova Group
Key Nova Group
Stuart St James, Inc.
(978) 788-8152
22 Total Sales
1 in Westborough
$650,000 Price
-
Walsh Fine Homes Team
Walsh Fine Homes Team
eXp Realty LLC
(978) 875-7506
32 Total Sales
4 in Westborough
$385K - $745K Price Range
-
Marie Presti
Marie Presti
Barrett Sotheby's International Realty
(857) 336-1481
105 Total Sales
1 in Westborough
$582,000 Price
-
Onnelly Parslow
Onnelly Parslow
Berkshire Hathaway HomeServices Warren Residential
(617) 939-9883
19 Total Sales
1 in Westborough
$685,000 Price
-
Lisa Zemack
Lisa Zemack
Zemack Real Estate
(774) 292-5539
69 Total Sales
1 in Westborough
$410,000 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 |
|---|---|---|---|
| $700,000 | None Available | ||
| $435,000 | -- | ||
| $350,000 | -- |
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 |
|---|---|---|---|
| Closed | $631,313 | ||
| Closed | $100,000 | ||
| Previous Owner | $212,500 | ||
| Previous Owner | $198,000 | ||
| Previous Owner | $67,900 | ||
| Previous Owner | $20,000 |
Source: Public Records
Property 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 | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/15/2024 03/15/24 | Sold | $700,000 | -6.7% | $221 / Sq Ft |
| 02/18/2024 02/18/24 | Pending | -- | -- | -- |
| 01/31/2024 01/31/24 | For Sale | $749,900 | -- | $237 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
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 | $11,592 | $711,600 | $303,900 | $407,700 |
| 2024 | $10,566 | $643,900 | $282,600 | $361,300 |
| 2023 | $10,490 | $622,900 | $267,900 | $355,000 |
| 2022 | $9,689 | $524,000 | $212,900 | $311,100 |
| 2021 | $8,703 | $469,400 | $189,700 | $279,700 |
| 2020 | $8,740 | $477,100 | $197,400 | $279,700 |
| 2019 | $8,358 | $456,000 | $197,400 | $258,600 |
| 2018 | $7,438 | $402,900 | $183,900 | $219,000 |
| 2017 | $6,666 | $374,500 | $183,900 | $190,600 |
| 2016 | $6,594 | $371,100 | $174,200 | $196,900 |
| 2015 | $6,731 | $362,100 | $174,200 | $187,900 |
Source: Public Records
Agents Affiliated with this Home
-
Mary Wood
Seller's Agent in 2024
Mary Wood
Lamacchia Realty, Inc.
(508) 958-0225
187 Total Sales
-
Aprilian Homes Team
A
Buyer's Agent in 2024
Aprilian Homes Team
Aprilian Inc.
23 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73197984
APN: WBOR-000020-000189
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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