$1,128,142
SOLD AUG 7, 2025

8 Lake St Webster, MA 01570

7 Beds
9 Baths
6,111 Sq Ft
9,801 Sq Ft Lot

Recently Sold

$185 Per Sq Ft

3% Above List Price

4 Days on Market

Highlights

  • 2 Fireplaces
  • 1 Car Garage
  • 2-minute walk to Guenther Square

About This Home

As of August 2025

This stunning 8 unit, well-maintained brick building stands out as one of the nicest apartment buildings in the area. Featuring elegant marble hallways and staircases throughout, the property consists of six 1-bedroom apartments and one expansive first-floor 3-bedroom, 1.5-bath floor-through unit with a double living room. The ground-level space was last used as an office by the previous owner it still has plumbing for a kitchen and the bathroom still has a shower. A small driveway provides off-street parking, and a detached garage—currently rented to the first-floor tenant. Located directly next to the public library and across from the police station, the building is within walking distance to all Main Street shops and amenities. Whether you're an investor or owner-occupant, this is a rare opportunity to own a standout property in a highly convenient location. Gas heat and hot water paid by tenants. Building has fire alarm panel. Below market rents.

Last Agent to Sell the Property

Edward Murphy

7 Hills Real Estate Listed on: 05/19/2025

Last Buyer's Agent

Dan Mason

United Multi Family Corporation

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,252

Year Built

  • Built in 1950

Lot Details

  • 9,801 Sq Ft Lot

Parking

  • 1 Car Garage
  • Driveway
  • Open Parking
  • Off-Street Parking

Interior Spaces

  • 6,111 Sq Ft Home
  • Property has 1 Level
  • 2 Fireplaces

Bedrooms and Bathrooms

  • 7 Bedrooms

Community Details

  • 8 Units
  • Net Operating Income $37,080

Listing and Financial Details

  • Total Actual Rent $3,090
  • Assessor Parcel Number M:1 B:L P:3,1744800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,252

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5-9 Family
  • Year Built: 1950
  • Levels: 4
  • Year Built Details: Approximate
  • APOD AVAILABLE: No
  • Special Features: None
  • Stories: 4

Interior Features

  • Fireplace YN: Yes
  • Fireplaces: 2
  • Total Bedrooms: 7
  • Full Bathrooms: 7
  • Half Bathrooms: 2
  • Total Bathrooms: 9
  • Above Grade Finished Sq Ft: 6111
  • Living Area: 6111
  • Spa YN: No
  • Stories Total: 4
  • MAIN LO: AN6800
  • MAIN SO: NB4674

Exterior Features

  • Foundation Details: Other
  • Home Warranty YN: No
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 1
  • Covered Parking Spaces: 1
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community YN: No

Lot Info

  • Parcel Number: M:1 B:L P:3,1744800
  • Zoning: MR-12,
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.23
  • Lot Size Sq Ft: 9801
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 8252

Multi Family

  • Net Operating Income: 37080
  • Number Of Units Total: 8
  • Total Actual Rent: 3090
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEASE 2: Y
  • LEASE 1: Y
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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
08/07/2025 08/07/25 Sold $1,128,142 +3.0% $185 / Sq Ft
05/23/2025 05/23/25 Pending -- -- --
05/19/2025 05/19/25 For Sale $1,095,000 -- $179 / 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 $8,252 $694,600 $52,400 $642,200
2024 $8,141 $668,400 $50,400 $618,000
2023 $8,250 $660,000 $48,000 $612,000
2022 $7,594 $544,000 $46,600 $497,400
2021 $4,512 $298,800 $46,600 $252,200
2020 $4,265 $283,200 $46,600 $236,600
2019 $4,239 $276,500 $46,600 $229,900
2018 $4,140 $269,000 $46,600 $222,400
2017 $4,109 $271,600 $45,600 $226,000
2016 $3,962 $261,700 $45,600 $216,100
2015 $3,767 $256,600 $44,700 $211,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73374777

MLS Property Information Network (MLS PIN)