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36-Unit Brick Garden Apartments

94 96 98 Sargent Road, Westminster, MA 01473

For Sale
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Three-story residential buildings include off-street parking and coin-operated laundry on site.

Property Size30,696 SF
Lot Size2.60 Acres
Days on Market21

Property Features for 94 96 98 Sargent Road

General Information

Standard status Active
Size 30,696 SF
Lot size 2.60 Acres
Property subtype Multifamily

Units

Unit Mix 6 x 1BR, 30 x 2BR
Multifamily Units 36

Additional Details

Highway Access Yes

Amenities

on-site coin-operated laundry

Building Details

Year Built 1973
Stories 3
Construction brick garden-style
Listing Agency: United Multi Family Corporation
Listed By: Richard Cawley · License #MA 134301
Source: Crexi
Added: Oct 20 Changed: Nov 8 Last Checked: Nov 8 at 5:48PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of United Multi Family Corporation

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Investment Insights

Based on property information with market context.

Three brick garden-style apartment buildings, each three stories, contain 36 units totaling 30,696 square feet. The mix includes six one-bedroom apartments and 30 two-bedroom apartments. Built in 1973, the property also has off-street parking and on-site coin-operated laundry across a 113,043-square-foot parcel.

At 94, 96, and 98 Sargent Road in Westminster, the property is within reach of Fitchburg, Leominster, and Worcester. Regional connections include Route 2 and Interstate 190; local amenities include shopping, dining, schools, healthcare, and outdoor recreation.

The buyer must assume the existing energy supply agreement with Hudson Energy Sources. Its fixed rate is $0.1551 per kWh for three years, with an expiration date of December 31, 2029; an early termination fee applies if the agreement is not assumed.

Key Highlights

  • 36 apartments across three three‑story brick garden‑style buildings
  • Unit mix: 6 one‑bedroom and 30 two‑bedroom apartments
  • 30,696 square feet on a 113,043‑square‑foot lot

Property Analytics

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Lease Details

36
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

32
Businesses Nearby

Demographics for 01473, MA

8,213
Population
3,469
Households
2.4
Avg Household Size
44
Median Age
41%
College-Educated
96%
High-School Grad
35.4 sq mi
ZIP Area
232
Density / Sq Mi
$101,161
Median Household Income
$61,078
Median Earnings
$1,643
Median Rent
$394,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Apartment buildings in Worcester County, MA

$199 Jul
$213 Aug
$206 Sep
$201 Oct

Properties on Market for Apartment buildings in Worcester County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Three-story residential buildings include off-street parking and coin-operated laundry on site.
Where is this apartment building located?
The property is located at 94 96 98 Sargent Road Westminster, MA.
What are key features of this property?
This property features: 36 apartments across three three‑story brick garden‑style buildings; Unit mix: 6 one‑bedroom and 30 two‑bedroom apartments; 30,696 square feet on a 113,043‑square‑foot lot
(617) 529-1141 · Office Call to check price and availability
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