Movoto Real Estate
Sold on 04/17/2024

162 Thompson Rd, Webster, MA 01570

  • $701,508

    Last sold 04/17/2024 for $555K

  • 3

    bed

  • 3

    bath

  • 4,296

    Sqft ($129/Sqft)

Multi-family not for sale
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About 162 Thompson Rd

Property type Multi-family
Year built 1920
HOA fee $0/month
Lot size 0.3 Acre
Movoto estimate
Parking 4 garage spaces
Rental estimate
Property description
162 Thompson Road includes a +/- 2,136 SF mixed-use building, 4-bay garage, covered outdoor storage, and additional parking. The mixed-use building consists of a commercial office suite and two residential rental units, one being a 2-bedroom unit and the other being a 1-bedroom unit. The two rental units currently have long-term Tenants-at-Will in place paying a total of $23,400/year. The metal frame garage is approximately 2,160 SF with an additional 1,080 SF of mezzanine storage space, while also offering excellent clear height, floor drain, and single-phase power. The property is well positioned on a corner lot with multiple access-ways and is conveniently located directly off I-395. The zoning (GB5) allows for a variety of uses including office, warehousing, automotive, most retail, and more.
Listed by
Listing Agent - Madison O'Brien
Listing Office - Kelleher and Sadowsky Associates, Inc.
Source: MLS Property Information Network, Inc. mls logo
MLS#73211922 • last updated 2 years ago
Movoto checked MLS Property Information Network, Inc. for data 4 minutes ago
Overview
Cooling/AC Central Air
Heating Oil, Electric
Levels/Style 4
MLS # 73211922
Type Residential Income
Status Closed
SubType 3 Family
SqFt 4296
Lot Size (SqFt) 13263
Lot Size (Acres) 0.3
Annual Property Tax 3924
Year Built 1920
Interior
Total # of Bathrooms 3
# Full Baths 2
# Half Baths 1
Total # of Bedrooms 3
Total # of Rooms 10
Interior Features Laundry Room, Living Room, Kitchen, Office/Den
Exterior
Foundation Stone
Construction Frame
# Covered Spaces 4
Parking Desc Paved Drive, Off Street, Paved
# Parking Spaces 14
# Garage Spaces 4
Lot Desc Corner Lot
Amenities / Utilities
Sewer Public Sewer
Water Source Public
Location
Waterfront Beach Front, Lake/Pond
County Worcester
Community Features Shopping, Medical Facility, Highway Access, Marina, Private School, Public School
Zoning GB5
APN 30B160, 1748145
Directions Take Exit 1 From I-395, Then Turn Right Onto Thompson Road.
Multifamily Details
Net Operating Income 23400
Operating Expense 11625
Total Actual Rent 1950
Financial Data Source Projected
Gross Income 67200
$701K
Range: $631K-$771K
Last 30 days 
Rental est.: $6,493/month
Gross rent multiplier: 7.1 - Good
  • May 2024
    mls logo MLS # 73211922
  • May 10, 2024 Sold
    $555,000 (-3.5%)
  • Apr 23, 2024 Active
  • Mar 13, 2024 Listed
    $575,000 (-4.2%)
  • Sep 2023
    mls logo MLS # 73147499
  • Sep 9, 2023 Listed
  • Aug 17, 2023 Active
  • Aug 11, 2023 Listed
    $599,900
  • 162 Thompson Rd
    $555K
  • 01570
    $399K -19% y/y
  • Webster
    $474K +4% y/y
No chart available
Statistics calculated by Movoto

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3/10
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Source: GreatSchools.org © 2026. All rights reserved.

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