Movoto Real Estate
Sold on 04/15/2019

143 Lake St, Webster, MA 01570

$494,000

Last sold 04/15/2019 for $237K

  • 5

    bed

  • 3

    bath

  • 2,288

    Sqft ($104/Sqft)

Multi-family not for sale

About 143 Lake St

Property type Multi-family
Year built 1920
HOA fee $0/month
Lot size 8,451 Sqft
Movoto estimate
Property description
*Group showing Monday, 2/11 @ 4pm* ALL FLOORS VIEWABLE This is a rare, "positive cash flow" multifamily property in Webster because it's in a desirable location. Extremely close to Rte 395 yet a quiet area overall. There is off-street parking for 5 cars all in a flat parking lot. The roof is only 2 years old, no furnaces to worry about due to electric heat throughout. The main water line into the building was replaced within the past 3 years as well with plastic piping so no concerns there in the future! Bottom two units are in excellent condition but the 3rd floor unit could use some work in the bathroom and kitchen ($5k +/-) and it would be perfect. All tenants are at will but would LOVE to stay. Rents are well below current market rent but a good tenant can be priceless, which is why rents are where they are. Public beach is rough*ly 1 mile away and the hospital is very close as well. Banks and restaurants are within walking distance from this location as well.
Listed by
Listing Office - RE/MAX Prof Associates
Source: MLS Property Information Network, Inc. mls logo
MLS#72448124 • last updated 7 years ago
Movoto checked MLS Property Information Network, Inc. for data 5 minutes ago
Overview
Levels/Style 3
Type Multi-family
MLS # 72448124
SqFt 2288
Status Sold
SubType 3 Family - 3 Units Up/Down
Lot Size (Acre) 0.19
Property Tax 2395
Year Built 1920
Short Sale (Y/N) No
Foreclosure (Y/N) No
Interior
# Full Baths 3, 3
Total # of Bedrooms 5, 5
Total # of Rooms 16, 11, 16
Basement Full, Walk Out, Bulkhead, Concrete Floor, Unfinished Basement
# Fireplaces 0, 0
Exterior
Foundation Fieldstone
Exterior Vinyl
Roof Asphalt/Fiberglass Shingles
Construction Timber Frame
Parking Desc Off-Street, Assigned, Paved Driveway
# Parking Spaces 5
Exterior Features Porch - Enclosed, Gutters, Fenced Yard, Fruit Trees
Lot Desc Corner, Paved Drive, Fenced/Enclosed, Level
Amenities / Utilities
Green Features: Energy Efficiency Storm Windows, Insulated Doors, Storm Doors
Electricity 110 Volts, 220 Volts, Fuses, Circuit Breakers, 100 Amps, Individually Metered, 250
Utility Connections For Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup
Utilities: Hot Water Electric, Tank, Leased Heater
Water Source City/Town Water
Sewer 550
HOA Amenities Shopping, Medical Facility, Highway Access, House Of Worship, Marina, Private School, Public School
Location
Waterfront Lake/Pond, Public
Distance to Beach (mi.) 1/2 To 1 Mile
County Worcester
Middle School Webster Middle
Elementary School Park Ave
High School Bartlett High
APN M:29 B:B P:9, 1747962
Multifamily Details
# of Units 3
Unit 3 Rent 600
Unit 2 Rent 600
Unit 1 Rent 625
Lot/ Land Details
Road Type Public, Paved, Publicly Maint., Sidewalk
$494K
Range: $419K-$568K
Last 30 days 
  • Apr 2019
    mls logo MLS # 72448124
  • Apr 15, 2019 Sold
    $237,000 (-3.2%)
  • Jan 31, 2019 Listed
    $244,900
  • Year Property taxes Tax assessment
  • 2025
    $4,386 +1.4%
    $369,200 +3.94%
  • 2024
    $4,326 +14.7%
    $355,200 +17.69%
  • 2023
    $3,773 +8.8%
    $301,800 +21.5%
  • 2022
    $3,468 +5.0%
    $248,400 +13.58%
  • 2021
    $3,302 +5.6%
    $218,700 +5.3%
  • 2020
    $3,128 +20.1%
    $207,700 +22.25%
  • 2019
    $2,605 +8.8%
    $169,900 +9.19%
  • 2018
    $2,395 +5.8%
    $155,600 +4.01%
  • 2017
    $2,263 +7.0%
    $149,600
  • 2016
    $2,114
    —
  • 143 Lake St
    $237K
  • —
  • 01570
    $399K -19% y/y
  • Webster
    $455K -17% y/y
No chart available
Statistics calculated by Movoto

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