Maurice F. Reidy & Co., Real Estate Since 1909 Phone: (508) 450-1384
Email: [email protected]
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listing
1 of 41
LandFor Sale
$1,350,000
88 State Rd W
Westminster, MA 01473
Courtesy of Laer Realty Partners - John Lawrence Despres
MLS Property Information Network
937,411Sq Ft
Est. Mortgage
$7,068/mo

Welcome to The Homestead. Property like this doesn't come along often in Westminster. An 8-unit apartment building with two land parcels that total 21.52 acres. One parcel is 10.52 acres, it includes the building and the other is 11.02 acres. Future potential land development opportunity. The apartments consist of one 3 bedroom, 1.5 bath single family residence attached to seven apartments. 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 at market rate could be in the range of $1k-$1,500/Month+ for the apartments and $2k+ for the house. Totaling $9-$12k+/month once renovated and fully rented. Sold As-is. R1 Zoning - Apartments or townhouses w/ a special permit - assisted living yes. Possibilities are endless.

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Information courtesy of Laer Realty Partners is subject to verification and is not guaranteed.
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