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 tenant screening and requirement of three months paid upfront to reduce vacancy and risk. Seller willing to remain as consultant
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
14
Baths
3
Stories
3
Lot width
—
Lot depth
—
Lot size
5,227 Sq. Ft.
Year renovated
—
Sq. Ft.
5,223
Year built
1912
Style
Multi-Family (5+ Unit)
County
Worcester County
APN
1735371
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 21, 2023.
Property details
Parking
Parking Information
Has Open Parking
Open Parking Spaces: 7
Parking Spaces: 7
Parking Features: Off Street, Common
Interior
Bathroom Information
# of Bathrooms (Full): 3
# of Bathrooms (Half): 2
Basement Information
Basement: Full
Fireplace Information
Has Fireplace
# of Fireplaces (Total): 1
Interior Features
# of Rooms (Total): 20
Window Features: Insulated Windows, Screens
Flooring: Vinyl
Unit #1 Information
# of Levels: 1
# of Floors: 1
Lease: N
Unit #2 Information
# of Levels: 2
# of Floors: 1
Lease: N
Exterior
Building Information
Building Area (Total): 7,830
Foundation Details: Stone
Construction Materials: Frame
Stories (Total): 3
Year Built Source: Public Records
Year Built Details: Approximate
Color: Beige
Exterior Features
Roof: Shingle, Slate
Patio And Porch Features: Covered
Exterior Features: Rain Gutters
Property Information
PropertySubType: 5-9 Family
Above Grade Finished Area: 5880
Below Grade Finished Area: 1950
Levels: 3
Green Energy Efficient : Thermostat
Other Structures: Shed(s)
Lot Information
Lot Size (Acres): 0.12
Lot Features: Corner Lot
Road Frontage Type: Public
Financial
Tax Information
Tax Annual Amount: $12,472
Tax Year: 2025
Utilities
Utility Information
Sewer: Public Sewer
Water Source: Public
Electric: Circuit Breakers
Heating & Cooling
Heating Units: 4
Cooling Units: 4
Location
Location Information
Directions: Route 9 - take Milk St towards rotary. Then take South St off the rotary and its on your left
UnparsedAddress: 44 South Street, Westborough MA 01581
Community Information
Senior CommunityYN: No
Community Features: Public Transportation, Shopping, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, Public School, T-Station
Public facts
Beds: 14
Baths: 3.0
Sq. Ft.: 5,223
Stories: 3.0
Lot Size: 5,227 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1912
Year Renovated: —
County: Worcester County
APN: 1735371
Home facts updated by county records on Jul 21, 2023
Other
Miscellaneous Information
Heat Zones: 4
Listing Information
StandardStatus: Closed
Around this home
Schools
Elsie A Hastings Elementary School
Public PreK-3 • Assigned • 0.9mi
8/10
Sarah W Gibbons Middle School
Public 7-8 • Assigned • 0.7mi
10/10
Westborough High School
Public 9-12 • Assigned • 0.5mi
8/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Flood Factor
We're working on getting current and accurate flood risk information for this home.
Fire Factor
We're working on getting current and accurate fire risk information for this home.
5/10 Heat Factor
7 hot days expected this year, 16 days in 30 years
Wind Factor
We're working on getting current and accurate wind risk information for this home.
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Westborough, MA • 01581
Average low and high temperatures (°F)
32
18
34
19
50
31
60
40
68
50
80
60
84
64
81
57
75
54
64
43
51
34
37
22
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.9 hours in
June and 4.4 hours in December, placing it below the
U.S. average for solar exposure.