Brought to you by: Lori Bouchie - RE/MAX Advantage Real Estate
224 Washington Street
Gloucester, MA 01930

Phone: (978) 884-8379 Fax: (978) 865-1227
Website: www.capeannhomes.com
Email: lori@capeannhomes.com


 
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Prepared for : Dec-10-2018 11:36:44 pm

44 South Street
Westborough, MA. 01581
MLS # 72423191
Multi-Family 2 Family - Rooming House    
Status Active
County Worcester
Directions South St Is Rte 135, @ Corner Of Cottage, Just Off Rotary.
List Price $589,000 Days on Market  
List Date   # Units 2
Sale Price   # Floors  
Sold Date   Rooms 17
Assessed Value $577,200 Bedrooms 14
Gross Living Area 5,545SF Full Baths  
Lot Size 5,183SF Half Baths  
Taxes $10,655.11 Fireplaces  
Tax Year 2018 Basement Yes
Zoning downtn Bus Waterfront No
Est. Street Front   Beach Nearby No
Year Built 1874 Parking Spaces 7
    Garage Spaces 0
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Total Price $
Down Payment $
Principal $
Interest %
Period (years)
Monthly Payment $
Monthly Taxes $

"The Central House", the oldest continuously operating Inn and Tavern in town, since 1874. Currently a restaurant and bar on the first floor and a 14-room rooming house on the 2nd and 3rd floors. Upstairs rooms all need rehab-possible multi-family/apartment building conversion. 7 rooms & 1 bath on each upper floor. 5 rooms currently rented. Sprinkler system needed per fire dept for rental of more rooms. Innkeeper's full pour liquor license can transfer with local & state board approval. 7 parking spaces + public lot across the street. Slate roof has been repaired, newer gas boiler. Central Air first floor only. Tavern operator would like to stay and lease. Current family owned since 1974. Fantastic opportunity in the heart of vibrant downtown Westborough-close to everything!


Amenities : Shopping, Golf Course, House of Worship
Basement : Full, Partially Finished, Interior Access, Concrete Floor
Construction : Frame
Cooling Zones : 1
Electricity : Circuit Breakers
Exterior : Vinyl
Foundation : Fieldstone, Granite
Heating Zones : 1
Hot Water : Tank
Lead Paint : Unknown
Lot : Corner, Paved Drive, Level
Parking : Off-Street, Paved Driveway
Road : Public, Paved, Publicly Maint., Sidewalk
Roof : Slate
Sewer / Water : City/Town Sewer, City/Town Water
Utility Connections : for Gas Range

Common Features : Heating: Hot Water Radiators, Gas; Cooling: Central Air
Unit 1 : Floor: 1; Half Baths: 2; Lease: No; Levels: 1; Rooms: 3
Unit 2 : Bedrooms: 1; Floor: 2; Full Baths: 2; Lease: No; Levels: 2; Rent: 2500; Rooms: 14

Gross Oper. Income : $30,000
Net Oper. Income : $30,000

APOD Available? : Yes
Deed : Book: 5624, Page: 342
Disclosures : Sprinkler system needed to rent all 14 rooms per Fire Dept.
Foreclosure : No
GLA Source : Public Record
Seller Disclosure Doc : No
Short Sale : No
Year Built Desc. : Actual
Year Built Source : Owner


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