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Bean Group
Offered at $1,100,000Pending
beds
12
baths
10
sq ft
8,350
Built
1988

21-23 Lake St

Webster, MA 01570

About this home

Rare opportunity to add 10 units to your investment portfolio in Webster, Massachusetts! This property consists of two buildings—a 4-unit and a 6-unit—with shared off-street parking. Large multifamily properties of this size rarely become available in Worcester County.The 4-unit building features oil heat with separate oil tanks and boilers for each unit, individually metered electric, and a dedicated landlord electric meter. The 6-unit building is 100% electric, with individually metered electric and a dedicated landlord meter. Major capital improvements include newer roofs and heating equipment. An excellent opportunity for investors seeking a substantial multifamily asset with long-term potential. Two units will be delivered vacant, offering flexibility for immediate improvements and occupancy. Reach out today for a showing. Don't miss this opportunity to acquire a 10-unit investment property in Worcester County!

Listing last checked: Listing updated:

Listed by John Lesack · Byrnes Real Estate Group LLC · MLS #73593164

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Details at a glance

Interior2 property facts
Rooms
36
Basement
Yes · Unfinished
Building5 property facts
Style
5+ Family - 5+ Units Up/Down
Year built
1988
Parking
15
Foundation
Concrete Perimeter, Stone
Roof
Shingle
Land & utilities5 property facts
Lot size
0.31 acres
Water
Public
Sewer
Public Sewer
Pool
Not reported
Zoning
MR-12,
Financial2 property facts
Annual taxes
$10,867
Assessment year
2026

Location

Estimated monthly cost

Explore costs at the $1,100,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$6,468 / monthAdjust
Principal & interest
$5,562
Property tax
$906
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $10,867. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.

Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

More property insights

Automated value estimate $1,083,733

Estimated range $1,019,816–$1,147,649.

Automated estimates are not appraisals or guarantees of market value.

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Photo-based condition insights

Overall presentation: average

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About 21-23 Lake St

Can I request a private showing?

Request a tour of 21-23 Lake St and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

Are property documents available?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.