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Sold for $700,000
  • $700,000

    40 E Main St, Westborough, MA 01581

    6beds
    3,168sqft
    2 Family - 2 Units Up/Down
    Built in 1922
    -- sqft lot
    $832,500 Zestimate®
    $221/sqft
    $2,762 Estimated rent

    Home value

    $832,500

    $766,000 - $899,000

    $2,762/mo

    Zestimate® history
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    $2,762/mo

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    $4,469/mo

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    $4,469/mo

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    What's special

    Investors, business owners seize the chance to own a promising two-family property in the center of town with a stellar floor plan and fantastic potential for value appreciation. This versatile investment property is ready for your strategic touch to turn it into a lucrative venture. Key highlights: Central Location - Situated in the heart of town, this property is purposefully located for maximum rental appeal or burgeoning business, large off-street parking. Enjoy easy access to local amenities, schools and train station, ensuring a steady demand from prospective tenants. Take advantage of the growing demand for rental properties in the area. This investment not only offers potential cash flow but also presents long-term value appreciation as the town continues to thrive. Whether you're a seasoned investor or just entering the real estate market, this two-family property is a canvas for financial success. Schedule a viewing today to explore the untapped potential within these walls.

    Zillow last checked:

    Listing updated:

    Listed by:

    Mary G. Wood 508-958-0225,

    Lamacchia Realty, Inc. 508-290-0303

    Bought with:

    Aprilian Homes Team

    Aprilian Inc.

    Source: MLS PIN,MLS#: 73197984

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Hot Water, Oil
    Cooling
    • None
    Appliances
    • Included: Disposal, Refrigerator, Range
    • Laundry: Electric Dryer Hookup, Washer Hookup
    Features
    • Ceiling Fan(s), Pantry, Bathroom With Tub & Shower, Smart Thermostat, Living Room, Dining Room, Kitchen
    • Flooring: Tile, Laminate, Hardwood
    • Doors: Insulated Doors
    • Windows: Insulated Windows, Screens
    • Basement: Full,Interior Entry,Concrete,Unfinished
    • Number of fireplaces: 2
    • Fireplace features: Wood Burning
    Interior area
    • Total structure area: 3,168
    • Total interior livable area: 3,168 sqft

    Property

    Parking
    • Total spaces: 10
    • Parking features: Paved Drive, Off Street, Stone/Gravel, Unpaved
    • Uncovered spaces: 10
    Lot
    • Size: 0.26 Acres
    • Features: Corner Lot, Cleared, Level
    Details
    • Foundation area: 0
    • Parcel number: M:0020 B:000189 L:0,1734781
    • Zoning: BB

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 2 Family - 2 Units Up/Down
    Materials
    • Frame
    • Foundation: Concrete Perimeter, Granite
    • Roof: Shingle
    Condition
    • Year built: 1922

    Utilities & green energy

    • Electric: Circuit Breakers, 100 Amp Service
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: for Electric Range, for Electric Dryer, Washer Hookup

    Community & neighborhood

    Community
    • Community features: Public Transportation, Shopping, Tennis Court(s), Park, Golf, Medical Facility, Highway Access, House of Worship, Public School, T-Station, University, Sidewalks
    Location
    • Region: Westborough

    HOA & financial

    Other financial information
    • Total actual rent: 5700

    Other

    Other facts
    • Road surface type: Paved

    Price history

    DateEventPrice
    3/15/2024Sold$700,000-6.7%$221/sqft
    Source: MLS PIN #73197984 Report a problem
    2/18/2024Contingent$749,900$237/sqft
    Source: MLS PIN #73197984 Report a problem
    1/31/2024Listed for sale$749,900+72.4%$237/sqft
    Source: MLS PIN #73197984 Report a problem
    3/16/2005Sold$435,000+24.3%$137/sqft
    Source: Public Record Report a problem
    6/9/2004Sold$350,000$110/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$11,592 +9.7%$711,600 +10.5%
    2024$10,566 +0.7%$643,900 +3.4%
    2023$10,490 +8.3%$622,900 +18.9%
    2022$9,689 +11.3%$524,000 +11.6%
    2021$8,703 -0.4%$469,400 -1.6%
    2020$8,740 +4.6%$477,100 +4.6%
    2019$8,358 +12.4%$456,000 +13.2%
    2018$7,438 +11.6%$402,900 +7.6%
    2017$6,666 +1.1%$374,500 +0.9%
    2016$6,594 -2%$371,100 +2.5%
    2015$6,731 -0.4%$362,100 +3.3%
    2014$6,761 +1.6%$350,500 -0.1%
    2013$6,655 -0.9%$350,800 +0.3%
    2012$6,718 +4.3%$349,700 -1%
    2011$6,442 -2.9%$353,200 -9.6%
    2010$6,636 +4.9%$390,800 -4.3%
    2009$6,327 +4.2%$408,200 -1.1%
    2008$6,070 +10.3%$412,900 +2.5%
    2007$5,504 +6.9%$402,900 +8.4%
    2006$5,150 +32.3%$371,600 +37.2%
    2005$3,893 -4.7%$270,900 -8.1%
    2004$4,087 +13.8%$294,700 +8.9%
    2003$3,592 +6.2%$270,500 +8%
    2002$3,382 +27%$250,500 +42.2%
    2000$2,664 +4%$176,200 +16.7%
    1998$2,561 $151,000

    Find assessor info on the county website

    Neighborhood: 01581

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $832,500
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $832,500