Price Reduction - Waterfront
Address
88 State Rd W, Westminster, MA
Price
$ 1,350,000
Property Attributes
  • MLS#73222799
  • TypeLand
  • CountyWORCESTER
  • CityWestminster
  • Zip01473
  • StyleLevel,Wetlands,Wooded,Farm
  • Taxes$ 6549
  • Price$ 1,350,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size21.52 Acres
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description

Welcome to The Homestead. Property like this doesn't come along often in Westminster. An 8-unit apartment building with two land parcels that total 21.52 acres. One parcel is 10.52 acres, it includes the building and the other is 11.02 acres. Future potential land development opportunity. The apartments consist of one 3 bedroom, 1.5 bath single family residence attached to seven apartments. 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 at market rate could be in the range of $1k-$1,500/Month+ for the apartments and $2k+ for the house. Totaling $9-$12k+/month once renovated and fully rented. Sold As-is. R1 Zoning - Apartments or townhouses w/ a special permit - assisted living yes. Possibilities are endless.

Price History
4/11/2024 Listed $1,400,000
4/27/2024 4% - $1,350,000

General Features

Sewer Private Sewer
Zoning R1
Gas Y/N On-Site,At Street
Electric On-Site,At Street
Property SubType Residential
Tax Year 2024
Waterfront Features Waterfront,Pond
County Worcester
Property Type Land
HOA / Comm Assn No
Status Price Changed
Directions Main St to State Rd W
City Westminster
Disclosures OWNER IS A LICENSED REAL ESTATE AGENT. PROPERTY IS SOLD IN AS-IS,WHERE-IS CONDITION. SELLER MAKES NO WARRANTIES OR REPRESENTATIONS AS TO THE CONDITION OR FUNCTIONALITY OF THE HOME OR ITS SYSTEMS. BUY
Senior Community Y/N No
Lot Size Square Feet 937411
Waterfront Y/N Yes
Street Name State Rd W
Tax Annual Amount 6549
Home Warranty Y/N No
Building Area Units Square Feet
Standard Status Active
Tax Assessed Value 534200
Compensation Based On Gross/Full Sale Price
Sub-Agency Relationship Offered No

Interior Features

Electric On Property Y/N Yes

Exterior Features

Lot Features Level,Wetlands,Wooded,Farm
Water Source Public
Lot Size Area 21.52
Lot Size Acres 21.52
Lot Size Units Acres

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 01473

Price
AVG $1.3M
$1.35M
Taxes
AVG $5,180
$6,549
Visits
AVG 146
54
Data Provided by Inside Real Estate®

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