Address
162 Thompson Road, Webster, MA
Price
$ 575,000
Property Attributes
  • MLS#73211922
  • TypeContingent
  • CountyWORCESTER
  • CityWebster
  • Zip01570
  • Style3 Family
  • Year Built1920
  • Taxes$ 3924
  • Price$ 575,000
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms1
  • Sqr Footage4296
  • Lot Size0.3 Acres
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description

162 Thompson Road includes a +/- 2,136 SF mixed-use building, 4-bay garage, covered outdoor storage, and additional parking. The mixed-use building consists of a commercial office suite and two residential rental units, one being a 2-bedroom unit and the other being a 1-bedroom unit. The two rental units currently have long-term Tenants-at-Will in place paying a total of $23,400/year. The metal frame garage is approximately 2,160 SF with an additional 1,080 SF of mezzanine storage space, while also offering excellent clear height, floor drain, and single-phase power. The property is well positioned on a corner lot with multiple access-ways and is conveniently located directly off I-395. The zoning (GB5) allows for a variety of uses including office, warehousing, automotive, most retail, and more.

Price History
3/13/2024 Listed $575,000

General Features

Interior Features Laundry Room,Living Room,Kitchen,Office/Den
Sewer Public Sewer
Heating Oil,Electric
Cooling Central Air
Zoning GB5
Garage Spaces 4
Construction Materials Frame
Year Built 1920
Property SubType 3 Family
Tax Year 2023
Gross Income 67200
Waterfront Features Beach Front,Lake/Pond
Community Features Shopping,Medical Facility,Highway Access,Marina,Private School,Public School
County Worcester
Net Operating Income 23400
Operating Expense 11625
Property Type Residential Income
Contingency Pending P&S
Garage Y/N Yes
Total Rooms 10
Status Contingent
Directions Take exit 1 from I-395,then turn right onto Thompson Road.
City Webster
Disclosures Projected gross income is based off of office and garage leasing for $3,000/month and residentials units leasing for $1,100 and $1,500/,month. Commercial financing needed. Please see attachments.
Senior Community Y/N No
Total Units 4
Lot Size Square Feet 13263
Waterfront Y/N No
Street Name Thompson Road
Year Built Details Actual
Tax Annual Amount 3924
Home Warranty Y/N No
Building Area Units Square Feet
Standard Status Active Under Contract
Year Built Source Public Records
Tax Assessed Value 315400
Total Actual Rent 1950
Compensation Based On Gross/Full Sale Price
Sub-Agency Relationship Offered No

Interior Features

Total Stories 4
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Full Baths 2
Half Baths 1
Total Bedrooms 3
Total Baths 3

Exterior Features

Parking Features Paved Drive,Off Street,Paved
Lot Features Corner Lot
Water Source Public
Total Parking 14
Lot Size Area 0.3
Foundation Details Stone
Spa No
Building Area Total 4296
Lot Size Acres 0.3
Lot Size Units Acres
Covered Spaces 4
Open Parking Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Contingent Average in 01570

Price
AVG $500K
$580K
Taxes
AVG $4,474
$3,924
Visits
AVG 121
148
Data Provided by Inside Real Estate®
Year Built
AVG 1940
1920

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