$999,000
88 State Rd W, Westminster, MA
9
Beds
8½
Baths
6,669
Square feet
1.50
Acres
Welcome to The Homestead. Property like this doesn't come along often in Westminster. An 8-unit apartment building with 1.5 acres. To be subdivided. The apartments consist of one 3 bedroom, 1.5 bath single family residence which is attached to seven apartments. One structure, 8-units. Most of the apartments are oversized one beds, some are really big units. Units 2 & 3 are gutted & 90% completed. Property can be delivered rented or vacant but most likely will be delivered vacant so the next person can either fill the property with market rate rents or go straight into renovations. Market rate rents here would be in the range of $1k-$1.5k/Mon.+ for the apartments and $2k+ for the house. Totaling $9-$13k+/month once renovated and fully rented depending on how you rent them out. Sold As-is. R1 Zoning - Apartments or townhouses w/ a special permit - assisted living yes. The possibilities are endless. This could be the cash cow you're looking for. Call for a showing, make me an offer!
Facts & Features
| MLS® # | 73222797 |
|---|---|
| Price | $999,000 |
| Bedrooms | 9 |
| Bathrooms | 8.50 |
| Full Baths | 8 |
| Half Baths | 1 |
| Square Footage | 6,669 |
| Acres | 1.50 |
| Year Built | 1920 |
| Type | Residential Income |
| Sub-Type | 5-9 Family |
| Status | Active |
| Taxes | $6,549 |
| Tax Year | 2024 |
Community Information
| Address | 88 State Rd W |
|---|---|
| City | Westminster |
| County | Worcester |
| State | MA |
| Zip Code | 01473 |
Amenities
| Utilities | for Gas Range, for Electric Range |
|---|---|
| Parking Spaces | 20 |
| Parking | Paved Drive, Paved |
| Garage Spaces | 3 |
| Is Waterfront | Yes |
| Waterfront | Waterfront, Pond |
| Has Pool | No |
Interior
| Fireplace | Yes |
|---|---|
| # of Fireplaces | 3 |
| # of Stories | 3 |
| Basement | Yes |
| Basement Features | Full, Sump Pump, Dirt Floor, Concrete |
Exterior
| Roof | Shingle, Rubber |
|---|---|
| Construction | Frame |
| Foundation | Block, Stone, Slab |
Additional Information
| Zoning | R1 |
|---|---|
| Condo Fees | $0 |
| Units In Complex | 8 |
| Flooring | Wood, Vinyl |
| Water | Public |
| Sewer | Private Sewer |
| Utility Connections | for Gas Range, for Electric Range |
Listing Details
| Agent | John Lawrence Despres |
|---|---|
| Office | LAER Realty Partners |
| Buyer Agent Compensation | 2 |
| Facilitator Compensation | 1 |
| Compensation Based On | Gross/Full Sale Price |
| Sub Agency Relationship Offered | No |