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3-13 Mill St Webster, MA 01571
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Key Details
Sold Price $295,000
Property Type Multi-Family
Sub Type 5-9 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 6,612 sqft
Price per Sqft $44
MLS Listing ID 72395183
Sold Date 01/11/19
Bedrooms 18
Full Baths 6
Year Built 1850
Annual Tax Amount $3,807
Tax Year 2018
Lot Size 0.540 Acres
Acres 0.54
Property Description
Great investment property with a tremendous income potential, 6 Units townhouses style with individual entrances, 4 detached garages and plenty of parking. Three apartments have been renovated, a fourth one is almost finished. Seller will not fix the remaining two Units, the property is priced accordingly. There are two lots on this property bringing the grand total of land to .54 Acre (23,366) the second lot is off Market St - tax bill listed on the attachments - 31 Market St and 3-13 Mill St - 3 UNITS (3, 7, 13) are currently rented - 4t UNIT(7) ready to rent - 5th UNIT (5) Renovation in progress - 6th UNIT (11) needs total renovation - Cap rate over 12% with only 3 units rented - Projected Cap rate with all units and garages rented at market value would be 29.1%
Location
State MA
County Worcester
Zoning IND
Direction There is a driveway access on Mill St, Main Entrance and the paved parking lot through Market St
Rooms
Basement Full, Crawl Space, Walk-Out Access, Dirt Floor, Unfinished
Interior
Interior Features Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Kitchen), Unit 3 Rooms(Living Room, Kitchen), Unit 4 Rooms(Living Room, Kitchen)
Flooring Wood
Appliance Electric Water Heater
Exterior
Garage Spaces 4.0
Fence Fenced/Enclosed
Waterfront false
Roof Type Tar/Gravel
Parking Type Paved Drive, Off Street, Common, Paved
Total Parking Spaces 10
Garage Yes
Building
Lot Description Level
Story 10
Foundation Stone
Sewer Public Sewer
Water Public
Others
Acceptable Financing Contract
Listing Terms Contract
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Bought with Renata Banach • Real Living Barbera Associates | Worcester
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