$1,490,000
$1,400,000
6.4%For more information regarding the value of a property, please contact us for a free consultation.
31-33 Fifth Ave Webster, MA 01570
20 Beds
11 Baths
13,740 SqFt
Key Details
Sold Price $1,490,000
Property Type Multi-Family
Sub Type 5-9 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 13,740 sqft
Price per Sqft $108
MLS Listing ID 72915068
Sold Date 02/18/22
Bedrooms 20
Full Baths 9
Half Baths 4
Year Built 1900
Annual Tax Amount $12,075
Tax Year 2021
Lot Size 1.070 Acres
Acres 1.07
Property Sub-Type 5-9 Family
Property Description
Rare and profitable Investment Property. Nine (9) Unit Multifamily located in Two Buildings, near downtown Webster. Located on 1.07 attractive Acres with 264 street frontage. Lead certs available for 5 Units. Other 4 Unit were built in 2004 with garage under. New dry sprinkler system installed in the garages in Aug 2021. New (9/21) roof on 4 units located in 31 Fifth Ave Building. . Most units remodeled in last 3 years. NO carpet, except on stairs. Only vacancy has been for remodeling when a tenant left. Tenants pay all utilities except Water/Sewer. Low maintenance vinyl siding. Parking for 22 cars Off Street. Gross yearly rents = $131,640. Expenses $25,198 + R.E. Taxes $12,075 = NOI $94,367. Cap rate 6.75. Great Cash Flow with nice tenants. GROUP SHOWINGS ON TUES 11/9 AND THURS 11/11 AT NOON. NO SHOWINGS BEFORE 11/9. CALL TO REGISTAR FOR GROUP SHOWINGS. OFFERS BY NOON SAT.11/13.
Location
State MA
County Worcester
Zoning MR12
Direction GPS
Interior
Interior Features Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Kitchen, Family Room)
Heating Natural Gas
Flooring Tile, Hardwood, Wood Laminate
Appliance Gas Water Heater, Tank Water Heaterless
Laundry Unit 1 Laundry Room
Exterior
Garage Spaces 4.0
Roof Type Shingle
Total Parking Spaces 26
Garage Yes
Building
Story 3
Foundation Concrete Perimeter, Stone
Sewer Public Sewer
Water Public
Others
Acceptable Financing Contract
Listing Terms Contract
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Bought with Eric Franszen • Cedar Wood Realty Group
