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Sold for $1,395,000
  • $1,395,000

    44 South St, Westborough, MA 01581

    13beds
    7,830sqft
    5-9 Family
    Built in 1912
    -- sqft lot
    $-- Zestimate®
    $178/sqft
    $2,005 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $2,005/mo

    Zestimate® history
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    What's special

    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

    Zillow last checked:

    Listing updated:

    Listed by:

    Nilton Lisboa,

    Lisboa Realty 508-449-0400

    Bought with:

    Angela Hirtle

    Lyv Realty

    Source: MLS PIN,MLS#: 73464464

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 13
    • Bathrooms: 5
    • Full bathrooms: 3
    • 1/2 bathrooms: 2
    Features
    • Flooring: Vinyl
    • Windows: Insulated Windows, Screens
    • Basement: Full
    • Number of fireplaces: 1
    Interior area
    • Total structure area: 7,830
    • Total interior livable area: 7,830 sqft
    • Finished area above ground: 5,880
    • Finished area below ground: 1,950

    Property

    Parking
    • Total spaces: 7
    • Parking features: Off Street, Common
    • Uncovered spaces: 7
    Features
    • Patio & porch: Covered
    • Exterior features: Rain Gutters
    Lot
    • Size: 5,188 Square Feet
    • Features: Corner Lot
    Details
    • Additional structures: Shed(s)
    • Parcel number: M:0021 B:000085 L:0,1735371
    • Zoning: BB

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: 5-9 Family
    Materials
    • Frame
    • Foundation: Stone
    • Roof: Shingle,Slate
    Condition
    • Year built: 1912

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Public Sewer
    • Water: Public
    Green energy
    • Energy efficient items: Thermostat

    Community & HOA

    Community
    • Features: Public Transportation, Shopping, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, Public School, T-Station, Other
    Location
    • Region: Westborough

    Financial & listing details

    • Price per square foot: $178/sqft
    • Tax assessed value: $765,600
    • Annual tax amount: $12,472
    • Date on market: 3/19/2026
    • Total actual rent: 16830

    Price history

    DateEventPrice
    3/27/2026Sold$1,395,000-6.1%$178/sqft
    Source: MLS PIN #73464464 Report a problem
    1/1/2026Listed for sale$1,485,000-5.4%$190/sqft
    Source: MLS PIN #73464464 Report a problem
    11/1/2025Listing removed$1,570,000$201/sqft
    Source: MLS PIN #73396227 Report a problem
    9/11/2025Price change$1,570,000-1.9%$201/sqft
    Source: MLS PIN #73396227 Report a problem
    6/25/2025Listed for sale$1,600,000+3.2%$204/sqft
    Source: MLS PIN #73396227 Report a problem
    2/12/2025Listing removed$1,550,000$198/sqft
    Source: MLS PIN #73312807 Report a problem
    1/14/2025Listed for sale$1,550,000+269%$198/sqft
    Source: MLS PIN #73312807 Report a problem
    11/3/2023Listed for rent$975
    Source: Zillow Rentals Report a problem
    6/5/2019Sold$420,000-28.7%$54/sqft
    Source: Public Record Report a problem
    12/11/2018Pending sale$589,000$75/sqft
    Source: RE/MAX Advantage Real Estate #72423191 Report a problem
    11/13/2018Listed for sale$589,000+30.9%$75/sqft
    Source: RE/MAX Advantage Real Estate #72423191 Report a problem
    11/12/2013Listing removed$450,000$57/sqft
    Source: RE/MAX Prestige #71310308 Report a problem
    3/25/2012Price change$450,000-10%$57/sqft
    Source: RE/MAX Prestige #71310308 Report a problem
    11/13/2011Listed for sale$499,900$64/sqft
    Source: RE/MAX Prestige #71310308 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$12,472 +0%$765,600 +0.8%
    2024$12,470 -2.6%$759,900
    2023$12,797 +0.4%$759,900 +10.2%
    2022$12,749 +22.6%$689,500 +22.9%
    2021$10,397 -6.3%$560,800 -7.4%
    2020$11,098 +4.9%$605,800 +5%
    2019$10,580 +12.1%$577,200 +12.9%
    2018$9,440 +3.7%$511,400
    2017$9,103 +0.2%$511,400 0%
    2016$9,089 -3.7%$511,500 +0.8%
    2015$9,436 +24.3%$507,600 +22%
    2011$7,591 +9.7%$416,200 +2.2%
    2010$6,918 -2.3%$407,400 -10.8%
    2009$7,079 +6.5%$456,700 +1%
    2008$6,647 +18.7%$452,200 +10.3%
    2007$5,599 +5.8%$409,900 +7.4%
    2006$5,290 +58.8%$381,700 +64.7%
    2005$3,331 +3.6%$231,800
    2004$3,215 +4.5%$231,800
    2003$3,078 +7.4%$231,800 +9.1%
    2002$2,867 +20.8%$212,400 +35.3%
    2000$2,374 -17.9%$157,000 -7.9%
    1998$2,892 $170,500
    Find assessor info on the county website

    Neighborhood: 01581

    Nearby schools

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