Movoto Real Estate
Sold on 05/16/2022

5 Lake St, Webster, MA 01570

$532,000

Last sold 05/16/2022 for $405K

  • 3

    bed

  • 3

    bath

  • 1,922

    Sqft ($211/Sqft)

Multi-family not for sale

About 5 Lake St

Property type Multi-family
Year built 1820
HOA fee $0/month
Lot size 8,059 Sqft
Movoto estimate
Parking 1 garage spaces
Rental estimate
Property description
Attention Investors & Owner Occupants! Welcome Home to one of the Most Beautiful, Tastefully Updated and Turn-key Multi-Family Homes in Town! This 3 Family home has been totally updated over the past 15 years including, windows, siding, roof, electrical, plumbing, water heaters etc... Two Units have Updated Interiors in the past two years. All three units are turn key, clean, and ready to go! Proudly maintained with responsible tenants. First Floor Unit is Owner Occupied and will be delivered vacant. One stall garage with new opener available for additional income or owner occupied use. Plenty of off street parking in back of building. Prime downtown location across from the Library. Group Showings to Qualified Buyers will be Saturday 05/14/22 From 11:00am to 2:00pm. Please see attached feature sheet for most recent updates. Quick closing possible. All other Showings will be Unit 1 and Basement only. Any/ All offers will be reviewed Monday May 16 after 5pm.
Listed by
Listing Agent - Christine Reilly
Listing Office - ERA Key Realty Services - Worcester
Source: MLS Property Information Network, Inc. mls logo
MLS#72975815 • last updated 4 years ago
Movoto checked MLS Property Information Network, Inc. for data 16 minutes ago
Overview
Cooling/AC Unit 1(None)
Heating Unit 1(Gas), Unit 2(Gas), Unit 3(Gas)
Levels/Style 4
MLS # 72975815
Type Residential Income
Status Closed
SubType 3 Family
SqFt 1922
Lot Size (SqFt) 8059
Lot Size (Acres) 0.19
Annual Property Tax 2589
Year Built 1820
Interior
Total # of Bathrooms 3
# Full Baths 3
Total # of Bedrooms 3
Basement Full, Partial, Interior Entry, Radon Remediation System, Dirt Floor, Concrete
Total # of Rooms 11
Laundry Washer Hookup, Unit 2 Laundry Room
Flooring Tile, Carpet, Varies Per Unit, Laminate, Wood Laminate, Unit 1(undefined), Unit 2(Wall To Wall Carpet), Unit 3(Wall To Wall Carpet)
Appliances Unit 1(Range, Refrigerator), Electric Water Heater, Utility Connections For Electric Range, Utility Connections For Electric Oven, Utility Connections For Electric Dryer, Utility Connections Varies Per Unit
# Fireplaces 1
Interior Features Unit 2(Bathroom With Tub & Shower), Unit 3(Bathroom With Tub & Shower), Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Kitchen), Unit 3 Rooms(Living Room, Kitchen)
Window Features Insulated Windows
Exterior
Foundation Stone
Roof Shingle
Construction Frame
# Covered Spaces 1
Parking Desc Paved Drive, Off Street, Paved
# Parking Spaces 6
# Garage Spaces 1
Exterior Features Professional Landscaping
Lot Desc Easements
Amenities / Utilities
Sewer Public Sewer
Utilities For Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup, Varies Per Unit
Electricity Circuit Breakers
Water Source Public
Location
Waterfront Beach Front, Lake/Pond, Beach Ownership(Public)
County Worcester
Community Features Shopping, Highway Access, House Of Worship, Private School, Public School
Elementary School Park Ave Elem
Middle School Webster Middle
High School Bartlett
Zoning MR-12
APN M:1 B:J P:9, 1744798
Directions Main St To Lake St Across From The Library. Plenty Of Parking In Back Of Building.
Multifamily Details
Rent Includes Unit 1(Water), Unit 2(Water), Unit 3(Water)
Operating Expense 5458
Total Actual Rent 2920
Financial Data Source Estimated, Owner, Other (See Remarks)
Expense: Water/ Sewer 514
Gross Income 34200
Expense: Electricity 535
Lot/ Land Details
Road Frontage Public
Road Responsibility Public Maintained Road
Road Surface Paved
$532K
Range: $478K-$585K
Last 30 days 
Rental est.: $6,493/month
Gross rent multiplier: 5.2 - Great
  • Jul 2022
    mls logo MLS # 72975815
  • Jul 1, 2022 Sold
    $405,000 (+9.8%)
  • May 17, 2022 Active
    —
  • May 9, 2022 Listed
    $369,000 (+47.6%)
  • Aug 2020
    mls logo MLS # 72646881
  • Aug 31, 2020 Sold
    $250,000 (-7.4%)
  • May 6, 2020 Listed
    $269,900 (-9.7%)
  • Jul 2018
    mls logo MLS # 72323582
  • Jul 28, 2018 Price Change
    $299,000 (-9.1%)
  • May 7, 2018 Listed
    $329,000 (+126.9%)
  • Mar 2004
    Public Records
  • Mar 1, 2004 Sold
    $145,000 (-19.4%)
  • Nov 2003
    mls logo MLS # 30790804
  • Nov 17, 2003 Listed
    $179,900
  • Year Property taxes Tax assessment
  • 2025
    $3,735 +1.4%
    $314,400 +3.93%
  • 2024
    $3,684 +16.2%
    $302,500 +19.28%
  • 2023
    $3,170 +8.6%
    $253,600 +21.22%
  • 2022
    $2,920 +32.4%
    $209,200 +43.19%
  • 2021
    $2,206 +8.1%
    $146,100 +7.82%
  • 2020
    $2,041 +5.5%
    $135,500 +7.37%
  • 2019
    $1,935 +8.4%
    $126,200 +8.79%
  • 2018
    $1,785 +3.7%
    $116,000 +1.93%
  • 2017
    $1,722 -0.1%
    $113,800
  • 2016
    $1,723
    —
  • 5 Lake St
    $405K
  • —
  • 01570
    $399K -19% y/y
  • Webster
    $455K -17% y/y
No chart available
Statistics calculated by Movoto

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