44 South Street, Westborough, MA 01581

Local realty services provided by:Better Homes and Gardens Real Estate The Masiello Group
44 South Street,Westborough, MA 01581
$1,485,000
  • 13 Beds
  • 5 Baths
  • 7,830 sq. ft.
  • Multi-family
  • Active
Listed by: nilton lisboa
Office: lisboa realty
MLS#:73464464
Source:MLSPIN

Price summary

  • Price:$1,485,000
  • Price per sq. ft.:$189.66

About this home

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 rigorous tenant screening, thus a required three months paid upfront reduces vacancy and risk. Seller willing to remain as consultant

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Home facts

  • Year built:1912
  • Listing ID #:73464464
  • Updated:January 05, 2026 at 05:59 PM

Rooms and interior

  • Bedrooms:13
  • Total bathrooms:5
  • Full bathrooms:3
  • Half bathrooms:2
  • Living area:7,830 sq. ft.

Heating and cooling

  • Cooling:4 Cooling Zones

Structure and exterior

  • Roof:Shingle, Slate
  • Year built:1912
  • Building area:7,830 sq. ft.
  • Lot area:0.12 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,485,000
  • Price per sq. ft.:$189.66
  • Tax amount:$12,472 (2025)
The property listing data and information, or the Images, 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, and the Images, 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, or as to the accuracy of any of the Images, set forth herein.

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