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Home Massachusetts Multi-Family Homes for Sale

408 School Street Webster, MA 01570
37 Days on Jacob RealtyPrice Reduced $34,910
42
$360,540
Total Beds: 8 Total Baths: 2
Total Units: 2 SQFT: 2464
LOT size: 0.00 Acres
408 School Street
Webster, MA 01570
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Property Description

First time to market in 30 years this well taken care of 2 family has several updates. New front deck, new doors, updated windows throughout, new heating system first floor and 2nd floor heating system 90% completed, new supports throughout basement, no knob and tube, electric has been updated. Washer and dryers in each unit, owned by tenants, over 1200 square feet per unit. Water heaters are rented. Driveway on side road with 4 parking spots. Nice yard on corner lot that is flat. Rents are way below market rents. Sold "as is" with tenants. Opportunity to update units and sell or increase rents and have a nice cash flowing property with all big updates completed. Pictures of 2nd floor are prior to tenants moving in. Realtor is owner. All showings require at least 24 hours notice. Pets on premise, small dog on each floor. Message agent for showings. No units will be delivered vacant.
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Property Details

Building Information

  • Total Units: 2
  • Total Floors: 2
  • Total Bedrooms: 8
  • Total Full Baths: 2
  • Amenities: Highway Access, Park, Public School, Shopping
  • Basement Features: Full
  • Common Rooms: Family Room, Kitchen, Living RM/Dining RM Combo, Living Room
  • Common Interior Features: Bathroom With Tub & Shower
  • Common Appliances: Range, Refrigerator, Washer Hookup
  • Common Heating: Central Heat, Forced Air, Hot Water Radiators, Oil, Steam

Financial

  • APOD Available: Yes
  • Expenses Source: Owner Provided
  • Gross Operating Income: 21600
  • Gross Expenses: 9410
  • Electric Expenses: 840
  • Water/Sewer: 1280
  • INSC: 3400
  • Repairs & Maintenance: 3000
  • RFS: 620
  • Net Operating Income: 12600

Utilities

  • Heat Zones: 2
  • Electric Info: Circuit Breakers, Underground
  • Energy Features: Insulated Windows
  • Utility Connections: Washer Hookup, for Electric Dryer, for Electric Oven, for Electric Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1880
  • Type: 2 Family - 2 Units Up/Down
  • Construction Type: Aluminum, Frame, Stone/Concrete
  • Foundation Info: Brick
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Vinyl, Wood
  • Lead Paint: None
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73416984
  • Last Updated: 09/15/25
  • Terms: Contract for Deed, Rent w/Option

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Map

Seller's Representative: Kellie Tracey, Keller Williams Pinnacle Central
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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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 2025-09-15 10:45:00

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