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    18 Granite St Webster, MA 01570

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    For Sale
    $550,000

    Six-unit property with income and renovation potential in Webster, MA.

    Lot size:
    0.79 Acres

    Property Features for 18 Granite St

    General Information

    Lot size
    0.79 Acres

    Building Details

    Year built
    1950

    Source: Moor Realty Group Agent VIP Group

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Webster Multifamily Investment Opportunity

    This six-family property in Webster presents an investment opportunity with immediate income and long-term potential. Two units are vacant, including one that has been partially gutted and is ready for renovation, offering a canvas for updates and value-adding improvements. The property is being sold as-is. The remaining four units are occupied by long-term tenants, providing rental income. Current rents are below market value, allowing for increased cash flow. The property can be transformed into a multifamily investment or an income property. All units have tenants at will.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Webster
    County
    Worcester
    State
    Massachusetts
    Longitude
    -71.8768989
    Latitude
    42.0510839

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    FAQs

    What type of property is this?
    Apartment building - Six-unit property with income and renovation potential in Webster, MA.
    Where is this apartment building located?
    The property is located at 18 Granite St Webster, MA.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: - Immediate rental income from 4 occupied units.; - Two vacant units offer renovation and value-add potential.; - Below-market rents provide opportunity for increased cash flow.
    (781) 989-0305
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    18 Granite St Webster, MA 01570
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