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Sold on 11/14/2021
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31-33 Fifth Ave, Webster, MA 01570

$488,000

Last sold 11/14/2021 for $1.49M

  • 20

    bed

  • 13

    bath

  • 13,740

    Sqft ($108/Sqft)

Multi-family not for sale
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About 31-33 Fifth Ave

Property type Multi-family
Year built 1900
HOA fee $0/month
Lot size 1.07 Acre
Movoto estimate
Parking 4 garage spaces
Property description
Rare and profitable Investment Property. Nine (9) Unit Multifamily located in Two Buildings, near downtown Webster. Located on 1.07 attractive Acres with 264 street frontage. Lead certs available for 5 Units. Other 4 Unit were built in 2004 with garage under. New dry sprinkler system installed in the garages in Aug 2021. New (9/21) roof on 4 units located in 31 Fifth Ave Building. . Most units remodeled in last 3 years. NO carpet, except on stairs. Only vacancy has been for remodeling when a tenant left. Tenants pay all utilities except Water/Sewer. Low maintenance vinyl siding. Parking for 22 cars Off Street. Gross yearly rents = $131,640. Expenses $25,198 + R.E. Taxes $12,075 = NOI $94,367. Cap rate 6.75. Great Cash Flow with nice tenants. GROUP SHOWINGS ON TUES 11/9 AND THURS 11/11 AT NOON. NO SHOWINGS BEFORE 11/9. CALL TO REGISTAR FOR GROUP SHOWINGS. OFFERS BY NOON SAT.11/13.
Listed by
Listing Agent - Kevin Curry
Listing Office - Berkshire Hathaway HomeServices Commonwealth Real Estate
Source: MLS Property Information Network, Inc. mls logo
MLS#72915068 • last updated 4 years ago
Movoto checked MLS Property Information Network, Inc. for data 7 minutes ago
Overview
Heating Natural Gas
Levels/Style 3, 3
MLS # 72915068
Type Residential Income
Status Closed
SubType 5-9 Family
SqFt 13740
Lot Size (SqFt) 46644
Lot Size (Acres) 1.07
Annual Property Tax 12075
Year Built 1900
Interior
Total # of Bathrooms 13
# Full Baths 9
# Half Baths 4
Total # of Bedrooms 20
Total # of Rooms 44
Flooring Tile, Hardwood, Wood
Interior Features Living Room, Kitchen, Laundry Room, Family Room
Exterior
Foundation Concrete Perimeter, Stone
Roof Shingle
Construction Frame
# Covered Spaces 4
Parking Desc Paved Drive, Off Street
# Parking Spaces 26
# Garage Spaces 4
Amenities / Utilities
Sewer Public Sewer
Electricity Circuit Breakers, Individually Metered
Water Source Public
Location
County Worcester
Zoning MR12
Directions GPS
Multifamily Details
Rent Includes Unit 1(Water), Unit 2(Water)
Net Operating Income 106442
Operating Expense 25198
Total Actual Rent 10970
Financial Data Source Owner
Expense: Water/ Sewer 12130
Gross Income 131640
Expense: Electricity 420
Lot/ Land Details
Road Frontage Public
Road Responsibility Public Maintained Road
$488K
Range: $400K-$575K
Last 30 days 
  • Feb 2022
    mls logo MLS # 72915068
  • Feb 18, 2022 Sold
    $1,490,000 (+6.4%)
  • Nov 2, 2021 Listed
    $1,400,000
  • Year Property taxes Tax assessment
  • 2025
    $4,257 +4.4%
    $358,300 +7.05%
  • 2024
    $4,077 +16.2%
    $334,700 +19.24%
  • 2023
    $3,509 +2.9%
    $280,700 +14.9%
  • 2022
    $3,410 +4.3%
    $244,300 +12.89%
  • 2021
    $3,268 +7.9%
    $216,400 +7.55%
  • 2020
    $3,030 +0.6%
    $201,200 +2.39%
  • 2019
    $3,012 +12.6%
    $196,500 +13.0%
  • 2018
    $2,676 +6.7%
    $173,900 +4.95%
  • 2017
    $2,507 +2.5%
    $165,700
  • 2016
    $2,447
    —
  • 31-33 Fifth Ave
    $1.49M
  • —
  • 01570
    $399K -19% y/y
  • Webster
    $450K -9% y/y
No chart available
Statistics calculated by Movoto

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3/10
Park Avenue Elementary School
public Grades PK, K-4
Webster School District
3/10
Webster Middle School
public Grades 5-8
Webster School District
2/10
Bartlett High School
public Grades 9-12
Webster School District
Source: GreatSchools.org © 2026. All rights reserved.

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