$ 1,485,000
-
$1,485,000
Price -
13
Bed -
5
Bath -
7,830
SqFt
NEW! Buy and sell safely with virtual options - Learn More
About the Listing K95628 - K9502638
This 14-unit mixed-use property delivers strong, predictable cash flow through a proven modern co-living model. The asset includes a NNN-leased restaurant, one full studio apartment, and 12 furnished rooms (beds, smart TVs, and refrigerators).The property has been fully renovated, including new electrical and plumbing systems, siding and windows, four new HVAC systems, sprinkler and fire alarm systems, flooring, lighting, carpentry, and insulation. Annual gross revenue exceeds $200k with actual operating expenses of approximately $55k for self-managed operator. Plus Coin-Op laundry income and other value-add still remains. The property was redesigned and branded to attract higher-quality residents, offering free internet and cable, heating and A/C, parking, and professionally maintained common areas, resulting in lower turnover. Ownership says key is in tenant screening and requirement of three months paid upfront to reduce vacancy and risk. Seller willing to remain as consultant
Listing Highlights
Status
Pending
Days on Site
45
Property Type
Multi-Family
MLS ®
73464464
Year Built
1912
Total Square Footage
7,830
Lot/Acreage
0.12
County
Worcester
Interior Details
- Bedrooms: 13
- Bathrooms: 3 Full / 2 Half
- Appliances:
- Air Cond:
- Heating:
- Fireplaces: 1
- Floor: Vinyl
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Corner Lot
- Garage Capacity: N/A
- Parking Spaces: 7
- Zoning: BB
- Roof: Shingle,Slate
- Others: Rain Gutters
- Sewer: Public Sewer
- Parking Features: Off Street,Common,Parking Spaces: 7
Financial Details
- Tax Amount: $12,472
- Taxes w/Assessments: $765,600
- Tax/Property ID: M:0021 B:000085 L:0,1735371
- Tax Year: 2025
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
44 South St Westborough, MA 01581
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
