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Property profile & analytics

47 Prospect St West Boylston, MA 01583-1301

  • Showrooms
  • 2,412 SF
  • 0.52 lot acres
OFF-MARKET
Last Sale
Apr 01, 2025
$575,900
Value Estimations
$490,000
Show details
Cap Rate Potential
4.4%
Showrooms
Location Intelligence
Property ID
US38-2373437
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Showrooms

Property Details for 47 Prospect St

Year built
1846
Construction
FRAME
Lot size
0.52 lot acres
Property size
2,412 SF
Property type
Showrooms
APN
WBOY M:0143 B:0106 L:0000
APU
WBOYM0143B0106L0000

Description

This meticulously maintained, 2,412 square foot office building at 47 Prospect Street in West Boylston, MA, presents a unique investment opportunity. Built in 1846, this classic colonial-style structure boasts six private offices, two waiting rooms, a kitchen, and two full and two half bathrooms. Recently updated to enhance both functionality and energy efficiency, the building features new vinyl windows, completed insulation and air sealing, a restored slate roof, fresh exterior paint, and a completely overhauled electrical system. Additional improvements include a commercial-grade dehumidifier, an A/C split unit, and a security alarm system. The property is ADA compliant, featuring a half bathroom, dedicated handicap parking, and a full ramp entrance, all implemented in 2010. Situated on a 0.52-acre lot, it offers ample off-street parking for twelve vehicles. Currently operating as a successful private counseling practice, this versatile property is zoned for business use, allowing for flexibility in its future applications, including home occupations or residential conversion. Located within ten miles of Worcester, Shrewsbury, Boylston, and Holden, this property offers convenient access to major roadways and a thriving regional economy. The asking price is $599,900. The property is also available for sale as a single-family home under a separate MLS listing. The first-floor bathroom meets 2010 ADA standards. The Business (BUS) zoning provides considerable flexibility for the next owner.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $490,000
    ML approach
    $485,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $545,000
    6.5%
    $500,000
    7%
    $465,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
West Boylston
County
Worcester
State
Massachusetts
Longitude
-71.7847
Latitude
42.3671
CBSA code
49340
CBSA name
WORCESTER, MA-CT METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$4,808
$87,800
$237,500
$325,300
-
$0.00
$0.00
$0.00
More about this property
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