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You are here:
Home Massachusetts Westminster Land for Sale

88 State Rd W Westminster, MA 01473

20 Days on Boston Pads
Price Reduced $50,000
41 Photos
$1,350,000
21.52 Acre
Residential
Lots: N/A
Zoning: N/A
HOA: N/A
88 State Rd W
Westminster, MA 01473

Property 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. 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.

Property Overview

Property Details click or tap to expand

Land Information

  • Land Description: Farmland|Level|Wetlands|Wooded
  • Waterfront Features: Pond

Utilities

  • Water: Community Well, Public
  • Sewer: City/Town Sewer, Private
  • Electric Info: 110 Volts, 220 Volts, At Street, On-Site
  • Gas: At Street|On-Site

Other Information

  • Last Updated: 05/01/24
  • HOA: No
  • Reqd Own Association: Unknown

Property History click or tap to expand

Date Event Price Price/Sq Ft Source
05/01/2024Active$1,100,000$165MLSPIN
05/01/2024Active$1,350,000MLSPIN
05/01/2024Active$1,350,000$202MLSPIN
04/27/2024Price Change$1,350,000MLSPIN
04/27/2024Price Change$1,100,000$165MLSPIN
04/27/2024Price Change$1,350,000$202MLSPIN
04/15/2024Active$1,150,000$172MLSPIN
04/15/2024Active$1,400,000MLSPIN
04/15/2024Active$1,400,000$210MLSPIN
04/11/2024New$1,400,000$210MLSPIN
04/11/2024New$1,150,000$172MLSPIN
04/11/2024New$1,400,000MLSPIN

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Map & Resources

Seller's Representative: John Lawrence Despres, LAER Realty Partners
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2
Facilitator Compensation: 1
Compensation Based On: Gross/Full Sale Price
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2024-05-01 03:06:00