Seller's Agent in 2025
Edward Murphy
7 Hills Real Estate
(508) 633-0222
5 in this area
13 Total Sales
51 Prospect St Webster, MA 01570
11
Beds
7
Baths
6,520
Sq Ft
1.16
Acres
Highlights
- 1.16 Acre Lot
- 1 Fireplace
- Corner Lot
About This Home
As of August 2025Perched on a prominent hilltop corner, this stately and substantial 7-unit brick building commands attention with its high-visibility location and classic architecture. Currently operated as a solid multifamily investment with off-street parking, the property offers both stable income and significant upside. Its generous footprint and strategic corner location make it a prime candidate for commercial redevelopment. Several units are occupied by long-term tenants paying well below market rents, presenting an immediate value-add opportunity through rent increases or unit turnover. Whether you're an investor looking to boost cash flow or a developer seeking a future transformation project, this property offers a rare combination of existing stability and long-term potential.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,998
Year Built
- Built in 1880
Lot Details
- 1.16 Acre Lot
- Corner Lot
Parking
- 10 Car Parking Spaces
Interior Spaces
- 6,520 Sq Ft Home
- Property has 1 Level
- 1 Fireplace
Bedrooms and Bathrooms
- 11 Bedrooms
- 7 Full Bathrooms
Community Details
- 7 Units
- Net Operating Income $33,600
Listing and Financial Details
- Total Actual Rent $2,800
- Assessor Parcel Number M:14 B:B P:2,1746406
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/07/2025 08/07/25 | Sold | $924,000 | +3.2% | $142 / Sq Ft |
| 05/23/2025 05/23/25 | Pending | -- | -- | -- |
| 05/19/2025 05/19/25 | For Sale | $895,000 | -- | $137 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Edward Murphy
-
Dan Mason
Buyer's Agent in 2025
Dan Mason
United Multi Family Corporation
(800) 737-6517
5 in this area
5 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73374822
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