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You are here:
Home Massachusetts Westborough Multi-Family Homes for Sale

44 South Street Westborough, MA 01581

$1,485,000
14 Unit
13 Beds
5 Baths
7830 SQFT
0.12 Acre
44 South Street
Westborough, MA 01581

Property Description

This 14-unit mixed-use property delivers strong, predictable cash flow through a proven modern co-living model. The asset includes a NNN-leased restaurant, one full studio apartment, and 12 furnished rooms (beds, smart TVs, and refrigerators).The property has been fully renovated, including new electrical and plumbing systems, siding and windows, four new HVAC systems, sprinkler and fire alarm systems, flooring, lighting, carpentry, and insulation. Annual gross revenue exceeds $200k with actual operating expenses of approximately $55k for self-managed operator. Plus Coin-Op laundry income and other value-add still remains. The property was redesigned and branded to attract higher-quality residents, offering free internet and cable, heating and A/C, parking, and professionally maintained common areas, resulting in lower turnover. Ownership says key is in rigorous tenant screening, thus a required three months paid upfront reduces vacancy and risk. Seller willing to remain as consultant

Property Overview

Building Information

  • Total Units: 14
  • Total Floors: 3
  • Total Bedrooms: 13
  • Total Full Baths: 3
  • Total Half Baths: 2
  • Total Fireplaces: 1
  • Amenities: Conservation Area, Golf Course, Highway Access, House of Worship, Laundromat, Medical Facility, Other (See Remarks), Public School, Public Transportation, Shopping, T-Station, Walk/Jog Trails
  • Basement Features: Full
  • Common Interior Features: Programmable Thermostat

Financial

  • APOD Available: Yes
  • Expenses Source: Owner Provided
  • Gross Operating Income: 201960
  • Gross Expenses: 75911
  • Net Operating Income: 126049

Utilities

  • Heat Zones: 4
  • Cooling Zones: 4
  • Electric Info: Circuit Breakers, Underground
  • Energy Features: Insulated Windows, Prog. Thermostat
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 2

Construction

  • Year Built: 1912
  • Type: 5-9 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles, Shingle, Slate
  • Flooring Type: Vinyl
  • Lead Paint: Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73464464
  • Last Updated: 01/01/26

Date Event Price Price/Sq Ft Source
01/01/2026New$1,485,000$190MLSPIN
11/01/2025Expired$1,570,000$267MLSPIN
09/15/2025Active$1,570,000$267MLSPIN
09/11/2025Price Change$1,570,000$267MLSPIN
06/29/2025Active$1,600,000$272MLSPIN
06/25/2025New$1,600,000$272MLSPIN
03/01/2025Expired$1,550,000$264MLSPIN
02/12/2025Temporarily Withdrawn$1,550,000$264MLSPIN
01/18/2025Active$1,550,000$264MLSPIN
01/14/2025Extended$1,550,000$264MLSPIN
01/10/2025Active$1,550,000$264MLSPIN
01/06/2025Price Change$1,550,000$264MLSPIN
11/18/2024Active$1,600,000$272MLSPIN
11/14/2024New$1,600,000$272MLSPIN

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Map & Resources

Westborough High School

Grades: 9-12

0.4mi

Westborough High School

Public Secondary School, Grades: 9-12

0.41mi

J. Harding Armstrong Elementary School

Public Elementary School, Grades: K-3

0.61mi

Sarah W Gibbons Middle School

Public Middle School, Grades: 7-8

0.73mi

Elsie A Hastings Elementary School

Public Elementary School, Grades: PK-3

0.88mi

Hastings Elementary School

Grades: 1-6

0.92mi

The Coop

Restaurant

0.11mi

Ted's Montana Grill

American Restaurant

0.25mi

Sapporo

Restaurant

0.38mi

Arturo's

Italian Restaurant

0.44mi

Westborough Police Dept

Local Police

0.14mi

Westborough Fire Department

Fire Station

0.26mi

Westborough High School Football Field

Sports Centre. Sports: American Football

0.37mi

Westborough High Baseball

Sports Centre. Sports: Baseball

0.38mi

Westborough High School Second football field

Sports Centre. Sports: American Football

0.45mi

Cedar Swamp

State Park

0.37mi

Mctighe & Breen Gift

Land Trust Park

0.46mi

Cedar Swamp

State Park

0.64mi

Cedar Swamp

State Park

0.66mi

Cedar Swamp

State Park

0.69mi

Cedar Swamp

State Park

0.7mi

Cedar Swamp

State Park

0.73mi

Fox Hill Parcel

Nature Reserve

0.76mi

Westborough Country Club

Golf Course

0.62mi

Commerce Bank

Bank

0.15mi

TD Bank

Bank

0.26mi

Santander

Bank

0.46mi

BP

Gas Station

0.18mi

Mobil

Gas Station

0.19mi

Gasco

Gas Station

0.26mi

Shell

Gas Station

0.27mi

Cumberland Farms

Gas Station

0.45mi

CVS Pharmacy

Pharmacy

0.51mi

7-Eleven

Convenience

0.1mi

BP Shop

Convenience

0.16mi

Shell

Convenience

0.25mi

Cumberland Farms

Convenience

0.44mi

Roche Bros.

Supermarket

0.22mi

Seller's Representative: Nilton Lisboa, Lisboa Realty
MLS ID#: 73464464

© 2026 MLS Property Information Network, Inc.. All rights reserved.

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information 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. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2026-01-01 08:42:00