Webster, MA 01570,51 Prospect St
Webster, MA 01570,51 Prospect St
Webster, MA 01570,51 Prospect St
Webster, MA 01570,51 Prospect St
Webster, MA 01570,51 Prospect St
Webster, MA 01570,51 Prospect St
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Guillermo A Molina Jr

Guillermo A Molina Jr

+1(978) 360-3441
$ 895,000
Est. payment | /mo

11 Beds

7 Baths

6,520 SqFt


Save
$ 895,000
Est. payment | /mo
Save

11 Beds

7 Baths

6,520 SqFt

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
agent-avatar

+1(978) 360-3441

info@theomteam.com

190 State Street Unit 5, Newburyport, MA, 01950, United States

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51 Prospect St