Duplex with Unfinished
New
For Sale
$289,000
149 Lake St, Webster, MA 01570
Residential Income, Webster, MA
Property Size1,578 SF
Lot Size0.20 Acres
Price / SF$183.14
Days on Market1
Property Features for 149 Lake St
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
GB-4 W
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 3, Bathroom 1, Bedroom 4, Bathroom 2, Bedroom 1, Bedroom 2
Parking
3
Directions
GPS Friendly, Park on Gorski
Standard status
Active
APN
M:0029 B:000C L:0008 U:0,1747970
Size
1,578 SF
Lot size
0.20 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
3211
Amenities
full unfinished basement
storage shed
Building Details
Year built
1950
Floors in Building
2
Number of units
2
Listing Agency:
RE/MAX Properties · RE/MAX International
Listed By:
Richard Zompa
(401) 232-3900
Added: Oct 16
Last Checked: Oct 16 at 9:06PM
MLS# 73591839
Copyright © 2026 MLS Property Information Network Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 1,578-square-foot duplex, built in 1950, has four bedrooms, two full bathrooms, and an unfinished basement. The property is offered in as-is condition and requires cosmetic work and renovations. Its 0.2026-acre lot includes off-street parking space for several cars and an electric-equipped storage shed. Town sewer, water, and gas serve the property, which is zoned GB-4 W.
Located in Webster, the property has access to Route 395, with banking, shopping, and restaurants nearby. The existing two-family zoning and the home’s four-bedroom, two-bathroom configuration are central features of the property.
Located in Webster, the property has access to Route 395, with banking, shopping, and restaurants nearby. The existing two-family zoning and the home’s four-bedroom, two-bathroom configuration are central features of the property.
Key Highlights
- Two‑family zoning; four bedrooms and two full bathrooms
- 1,578 square feet; built in 1950
- 0.2026‑acre lot with off‑street parking for several cars
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,331
Cap Rate
7.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$426,620
$426.6K
Cap Rate 7%
$304,729
$304.7K
Cap Rate 9%
$237,011
$237.0K
Market Conditions
NOI Build-Up for 1,578 SF
Gross rent
$31.2K $19.80/SF
− Vacancy
−$772 −$0.49/SF
EGI
$30.5K $19.31/SF
− OpEx
−$9.1K −$5.79/SF
NOI
$21.3K $13.52/SF
Area
Worcester County, MA
Vacancy
2.47%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$426,620
Cap Rate 7%
$304,729
Cap Rate 9%
$237,011
Alternative Uses
Best Use
Multifamily LT 5
$304.7K
$266.6K – $355.5K
NOI $21,331 @ 7.0% cap · market cap 7.38%
Second Best
Apartment 5plus
$265.2K
$232.1K – $309.4K
NOI $18,564 @ 7.0% cap · market cap 6.42%
Theoretical Best
Office A
$538.9K
$471.5K – $628.7K
NOI $37,721 @ 7.0% cap · market cap 13.05%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
175
Businesses Nearby
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Business Placement
Demographics for 01570, MA
17,776
Population
8,211
Households
2.2
Avg Household Size
44
Median Age
25%
College-Educated
92%
High-School Grad
12.4 sq mi
ZIP Area
1,434
Density / Sq Mi
$68,934
Median Household Income
$43,595
Median Earnings
$1,135
Median Rent
$339,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Two-family zoning, utility connections, and an electric-equipped shed support a range of renovation plans.
Where is this duplex located?
The property is located at 149 Lake St Webster, MA.
What is the asking price?
The asking price for this property is $289,000.
What are key features of this property?
This property features: Two‑family zoning; four bedrooms and two full bathrooms; 1,578 square feet; built in 1950; 0.2026‑acre lot with off‑street parking for several cars
