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$ 895,000
Est. payment /mo
New
51 Prospect St Webster, MA 01570
11 Beds
7 Baths
6,520 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 5-9 Family
Listing Status Active
Purchase Type For Sale
Square Footage 6,520 sqft
Price per Sqft $137
MLS Listing ID 73374822
Bedrooms 11
Full Baths 7
Year Built 1880
Annual Tax Amount $5,998
Tax Year 2025
Lot Size 1.160 Acres
Acres 1.16
Property Sub-Type 5-9 Family
Property Description
Perched on a prominent hilltop corner, this stately and substantial 7-unit brick building commands attention with its high-visibility location and classic architecture. Currently operated as a solid multifamily investment with off-street parking, the property offers both stable income and significant upside. Its generous footprint and strategic corner location make it a prime candidate for commercial redevelopment. Several units are occupied by long-term tenants paying well below market rents, presenting an immediate value-add opportunity through rent increases or unit turnover. Whether you're an investor looking to boost cash flow or a developer seeking a future transformation project, this property offers a rare combination of existing stability and long-term potential.
Location
State MA
County Worcester
Zoning GB-4 W
Direction Main to Prospect
Interior
Fireplaces Number 1
Exterior
Total Parking Spaces 10
Garage No
Building
Lot Description Corner Lot
Story 3
Foundation Other
Sewer Public Sewer
Water Public
Others
Senior Community false
Listed by 7 Hills Real Estate