Save
Ask
Tour
Hide
Share
$1,485,000
7 Days On Site

44 South Street
Westborough, MA 01581

For Sale|Multi Family|Active
13
Beds
5
Total Baths
3
Full Baths
2
Partial Baths
7,830
SqFt
$190
/SqFt
1912
Built
County:
Worcester

Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.

Call Now: 508-450-2576
Is this the listing for you? We can help make it yours.
508-450-2576
44 South Street44 South Street44 South Street44 South Street
Save
Ask
Tour
Hide
Share

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

Save
Ask
Tour
Hide
Share
Listing Snapshot
Price 
$1,485,000
Days On Site 
7 Days
Bedrooms 
13
Inside Area (SqFt) 
7,830 sqft
Total Baths 
5
Full Baths 
3
Partial Baths 
2
Lot Size 
0.12 Acres
Year Built 
1912
MLS® Number 
73464464
Status 
Active
Property Tax 
$12,472
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 days agoListing updated with changes from the MLS®
a week agoListing first seen on site
General Features
Acres 
0.12
Foundation 
Stone
Green Energy Efficient 
Thermostat
Number Of Stories 
3
Parking 
Off StreetCommon
Parking Spaces 
7
Property Sub Type 
Multi Family
Sewer 
Public Sewer
SqFt Above 
5880
SqFt Below 
1950
SqFt Total 
7830
Water Source 
Public
Zoning 
BB
Interior Features
Appliances 
Gas Water Heater
Basement 
Full
Electric 
Circuit Breakers
Fireplace 
Yes
Fireplaces 
1
Flooring 
Vinyl
Window Features 
Insulated WindowsScreens
Save
Ask
Tour
Hide
Share
Exterior Features
Construction Details 
Frame
Exterior 
Rain Gutters
Lot Features 
Corner Lot
Other Structures 
Shed(s)
Patio And Porch 
Covered
Roof 
ShingleSlate
Windows/Doors 
Insulated WindowsScreens
Community Features
Community Features 
GolfOther
Listing courtesy of Nilton Lisboa of Lisboa Realty



The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords, and public records, and were compiled by MLS Property Information Network, Inc. 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, leasing or renting 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, leasing or renting. 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, or as to the accuracy of any of the Images, set forth herein.

Last checked 2026-01-09 04:39 AM UTC

Neighborhood & Commute
Source: Walkscore
Save
Ask
Tour
Hide
Share