Webster, MA 01570,31-33 Fifth Ave
See all 38 photos
Webster, MA 01570,31-33 Fifth Ave
Webster, MA 01570,31-33 Fifth Ave
Webster, MA 01570,31-33 Fifth Ave
Webster, MA 01570,31-33 Fifth Ave

$1,490,000

Est. payment /mo

$1,400,000

6.4%
Est.Price: ?

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

SOLD DATE : 02/18/2022

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

Read Less

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit
William Phipps

William Phipps

Engel & Völkers

+1(857) 205-1064

Our team is ready to help you sell your home for the highest possible price ASAP


Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate
Bought with Eric Franszen • Cedar Wood Realty Group
William Phipps

William Phipps

Advisor | License ID: 9588231

+1(857) 205-1064

GET MORE INFORMATION

Name
Phone*
Message