88 State Road West

Westminster, MA 01473

$1,350,000
Price
937,411 / 21.52
Lot Size / Acres

Description

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....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.
  1. Listed by John Lawrence Despres • LAER Realty Partners

Property Details for 88 State Road West

Town
Westminster
Area
MA-Westminster

Location

Listing Courtesy of LAER Realty Partners, John Lawrence Despres
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LISTING UPDATED: 05/01/2024 03:07 AM

Property Details for 88 State Road West

StatusActive
MLS #73222799
Days on Market24
Taxes$6,549 / year
HOA Fees-
Compass TypeLand
MLS TypeLand / Residential
Year Built-
CountyWorcester County

Location

Listing Courtesy of LAER Realty Partners, John Lawrence Despres
Add your commute

Building Information for 88 State Road West

Lot Size21.52 AC

Payment Calculator

$7,913 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,368

Property Taxes

$546

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 88 State Road West

General Details
Property Details
  • Building Area Units: Square Feet
  • Waterfront: Yes
  • Water View: Yes
Features
Interior Features
  • Bathrooms Total Integer: 0
Exterior Features
  • Lot Description: Level, Wetlands, Wooded, Farm
  • Waterfront Features: Waterfront, Pond
  • Waterview Features: Pond
Utilities
  • Electric: On-Site, At Street
  • ElectricOnPropertyYN: Yes
  • Gas: On-Site, At Street
  • Sewer: Private Sewerage
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Disclosures: OWNER IS A LICENSED REAL ESTATE AGENT. PROPERTY IS SOLD IN AS-IS,WHERE-IS CONDITION. SELLER MAKES NO WARRANTIES OR REPRESENTATIONS AS TO THE CONDITION OR FUNCTIONALITY OF THE HOME OR ITS SYSTEMS. BUYER/BUYER AGENT RESPONSIBLE FOR ALL DUE DILIGENCE AND VERIFYING ALL INFORMATION IN THIS LISTING.
Tax Information
  • Tax ID: M:102 B: L:9,3648674
  • Assessments: $534,200
  • Book: 9683
  • Tax Year: 2024
  • Zoning: R1
Building / Association Information
Complex & Association Information
  • Adult Community: No
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2
  • Other Agent Compensation: 1

Property History for 88 State Road West

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 88 State Road West

Taxable ValueLand$154,100Additions$380,100Total$534,200
Tax Record2024$6,549 ($546 / month)
Home Facts
Baths8.5Total Finished SqFt6,669 SqFtAbove Grade Finished SqFt6,669 SqFtStories1Lot Size457,380 SqFtStyleMulti-Family Res (5+ Units)Year Built1920CountyWORCESTERAPNWMIN M:102 B: L:9

Schools near 88 State Road West

This home is within Ashburnham-Westminster School District.
Rating
School
Type
Grades
Distance
Public - K to 1
Public - 6 to 8
Public - 9 to 12
Public - 2 to 5
Rating
School
Distance
Meetinghouse School
PublicK to 1

Overlook Middle School
Public6 to 8

Oakmont Regional High School
Public9 to 12

Westminster Elementary School
Public2 to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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88 State Road West is a 21.52 ac of land for sale in Westminster, MA 01473. This property was listed for sale on April 11, 2024 by LAER Realty Partners, it's currently listed at $1,350,000. It has been on the market for a total of 24 days and was last sold on August 3, 2020. This listing's school district is Ashburnham-Westminster School District. Nearby schools include Meetinghouse School, Overlook Middle School and Oakmont Regional High School. 88 State Road West is a 0-bed, 0-bath, 21.52 ac of land on a 937,411 sq. ft. / 21.52 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of LAER Realty Partners, John Lawrence Despres

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.