$895,000
51 Prospect St
Webster, MA, 01570
Perched on a prominent hilltop corner, this stately and substantial 7-unit brick building commands attention with its high-visibility location and classic architecture. Currently operated as a solid multifamily investment with off-street parking, the property offers both stable income and significant upside. Its generous footprint and strategic corner location make it a prime candidate for commercial redevelopment. Several units are occupied by long-term tenants paying well below market rents, presenting an immediate value-add opportunity through rent increases or unit turnover. Whether you’re an investor looking to boost cash flow or a developer seeking a future transformation project, this property offers a rare combination of existing stability and long-term potential.
Property Details
Price:
$895,000
MLS #:
73374822
Status:
Pending
Beds:
11
Baths:
7
Address:
51 Prospect St
Type:
Multi Family
Subtype:
5-9 Family
City:
Webster
Listed Date:
May 19, 2025
State:
MA
Finished Sq Ft:
6,520
Total Sq Ft:
6,520
ZIP:
01570
Lot Size:
50,397 sqft / 1.16 acres (approx)
Year Built:
1880
Units:
7
Schools
Interior
Bathrooms
7 Full Bathrooms
Fireplaces Total
1
Exterior
Parking Spots
10
Financial
Tax Year
2025
Taxes
$5,998
Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…
More About MarieMortgage Calculator
Map
Similar Listings Nearby
- 8 Lake St
Webster, MA$1,095,000
0.28 miles away
- 11-15 5th Ave
Webster, MA$980,000
0.36 miles away
- 25 Lincoln St
Webster, MA$875,000
0.21 miles away
- 15 Maynard Ave
Webster, MA$795,000
0.37 miles away
- 13 Fifth Ave.
Webster, MA$695,000
0.38 miles away
Courtesy of 7 Hills Real Estate. 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.
51 Prospect St
Webster, MA
LIGHTBOX-IMAGES