Boston Luxury Condos and Apartments
355 Boylston St / (617) 233-5800

88 State Rd W

Westminster, MA ID #73222797

Property Description

Welcome to The Homestead. Property like this doesn't come along often in Westminster. An 8-unit apartment building with 1.5 acres. To be subdivided. The apartments consist of one 3 bedroom, 1.5 bath single family residence which is attached to seven apartments. One structure, 8-units. 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 would be in the range of $1k-$1.5k/Mon.+ for the apartments and $2k+ for the house. Totaling $9-$13k+/month once renovated and fully rented depending on how you rent them out. Sold As-is. R1 Zoning - Apartments or townhouses w/ a special permit - assisted living yes. The possibilities are endless. This could be the cash cow you're looking for. Call for a showing, make me an offer!

Additional Details

  • Status: ACT
  • Type: Multi-Family, 5-9 Family
  • Zip Code: 01473
  • Taxes: 6,549
  • Living Levels: 3
  • Acres: 1.50
  • Selling Broker Compensation: 1
  • Buying Broker Compensation: 2

Parking

  • Garage: 3
  • Garage Capacity: 3
  • Parking: Paved Drive, Paved
  • Parking Spaces: 20

Rooms/Dimensions

  • Total Units: 8
  • Total Floors: 3
  • Total Rooms: 32

Location

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88 State Rd W, Westminster, MA

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The information in this listing was gathered from third party resources including the seller and public records. Listing information provided courtesy of John Lawrence Despres of LAER Realty Partners. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.