NOT LISTED FOR SALE

56 E Main St Webster, MA 01570

10 Beds
5 Baths
4,004 Sq Ft
6,186 Sq Ft Lot

Last Sold June 29, 2022

Last sale price $348,666 $87 Per Sq Ft

7 Days on Market

Highlights

  • Porch
  • 2 Car Garage
  • Heating Available

About This Home

As of June 2022

Attention Owner Occupants or Investors: Rare Opportunity to add to or invest in your property portfolio. Multiple properties available for purchase. This property features 5 Units all with long term tenants paying under market rents. Plenty of off street parking. Seller owns refrigerators and stoves in each unit. Property sold As-Is. One or two units and basement first showing. OFFER DEADLINE MONDAY 04/25 5PM WITH RESPONSE WEDNESDAY 04/27.

Last Agent to Sell the Property

Christine Reilly

ERA Key Realty Services - Worcester Listed on: 04/18/2022

ERA Key Realty Services - Worcester

Last Buyer's Agent

Christine Reilly

ERA Key Realty Services - Worcester Listed on: 04/18/2022

ERA Key Realty Services - Worcester

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,450

Year Built

  • Built in 1900

Lot Details

  • 6,186

Parking

  • 2 Car Garage
  • Off-Street Parking

Home Design

  • 4,004 Sq Ft Home
  • Stone Foundation

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 5 Full Bathrooms

Additional Features

  • Porch
  • 6,186 Sq Ft Lot
  • Heating Available

Listing and Financial Details

  • Total Actual Rent $2,460
  • Assessor Parcel Number M:27 B:B P:7,1747616

Community Details

Overview

  • 5 Units
  • Property has 1 Level

Building Details

  • Electric Expense $360
  • Insurance Expense $5,500
  • Water Sewer Expense $4,527
  • Operating Expense $12,262
  • Net Operating Income $39,120

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,450

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5+ Family - 5+ Units Up/Down
  • Year Built: 1900
  • Buyer Agency Type: %
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 9

Interior Features

  • Flooring: Varies Per Unit
  • Fireplace YN: No
  • Appliances: Unit 1(Range,Refrigerator), Unit 2(Range,Refrigerator), Unit 3(Range,Refrigerator), Unit 4(Range,Refrigerator), Water Heater(Varies Per Unit)
  • Total Bedrooms: 10
  • Full Bathrooms: 5
  • Total Bathrooms: 5
  • Living Area: 4004
  • Stories Total: 9
  • MAIN LO: K95310
  • MAIN SO: K95310

Exterior Features

  • Foundation Details: Stone
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Parking Features: Off Street
  • Total Parking Spaces: 5

Utilities

  • Sewer: Public Sewer
  • Heating: Unit 1(Electric Baseboard), Unit 2(Electric Baseboard), Unit 3(Electric)
  • Electric: Varies per Unit
  • Heating YN: Yes
  • Water Source: Public

Fee Information

  • Water Sewer Expenses: 4527

Lot Info

  • Parcel Number: M:27 B:B P:7,1747616
  • Zoning: GB-4 W
  • Farm Land Area Units: Square Feet
  • Lot Features: Other
  • Lot Size Acres: 0.14
  • Lot Size Sq Ft: 6186
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 3450

Multi Family

  • Electric Expense: 360
  • Insurance Expense: 5500
  • Net Operating Income: 39120
  • Number Of Units Total: 5
  • Operating Expense: 12262
  • Total Actual Rent: 2460
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 2

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
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 List to Sale Price per Sq Ft
06/29/2022 06/29/22 Sold $348,666 -6.5% $87 / Sq Ft
04/26/2022 04/26/22 Pending -- -- --
04/18/2022 04/18/22 For Sale $372,900 -- $93 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

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 $4,230 $356,100 $32,400 $323,700
2024 $4,177 $342,900 $31,200 $311,700
2023 $4,394 $351,500 $29,700 $321,800
2022 $3,450 $247,100 $28,800 $218,300
2021 $3,041 $201,400 $28,800 $172,600
2020 $2,882 $191,400 $28,800 $162,600
2019 $2,864 $186,800 $28,800 $158,000
2018 $2,798 $181,800 $28,800 $153,000
2017 $2,897 $191,500 $30,400 $161,100
2016 $2,769 $182,900 $30,400 $152,500
2015 $2,466 $168,000 $29,800 $138,200
Source: Public Records

Agents Affiliated with this Home

  • Christine Reilly

    Seller's Agent in 2022

    Christine Reilly

    ERA Key Realty Services - Worcester

    (508) 615-1526

    8 in this area

    114 Total Sales

    Christine Reilly
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72967527

MLS Property Information Network (MLS PIN)
Massachusetts Worcester County Webster CDP 01570

56 E Main St, Webster CDP, MA

Not Listed for Sale

MultiFamily

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