E
Seller's Agent in 2025
Edward Murphy
7 Hills Real Estate
51 Prospect St Webster, MA 01570
11
Beds
7
Baths
6,520
Sq Ft
50,530
Sq Ft
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.
Last Agent to Sell the Property
Edward Murphy
7 Hills Real Estate Listed on: 05/19/2025
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
| 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 | $5,998 | $504,900 | $57,100 | $447,800 |
| 2024 | $5,916 | $485,700 | $54,900 | $430,800 |
| 2023 | $5,831 | $466,500 | $52,300 | $414,200 |
| 2022 | $5,662 | $405,600 | $50,800 | $354,800 |
| 2021 | $4,606 | $305,000 | $50,800 | $254,200 |
| 2020 | $4,316 | $286,600 | $50,800 | $235,800 |
| 2019 | $4,292 | $280,000 | $50,800 | $229,200 |
| 2018 | $4,132 | $268,500 | $50,800 | $217,700 |
| 2017 | $4,153 | $274,500 | $53,500 | $221,000 |
| 2016 | $3,818 | $252,200 | $45,000 | $207,200 |
| 2015 | $3,488 | $237,600 | $44,100 | $193,500 |
Source: Public Records
Agents Affiliated with this Home
-
-
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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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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