About this home
Attention investors, contractors, house hackers! Opportunity is waiting on this Webster corner lot. This separately metered two family is sold as-is and priced for a buyer with vision who is looking for a value add property. Roll up your sleeves and turn sweat equity into real equity. Inside are six bedrooms and two full baths spread across two generous units of roughly 1,200 sq ft each. The full unfinished basement has plenty of room for storage and laundry. Two off street parking spaces sit on a 7,900 sq ft corner lot. Minutes from Webster Lake, the shops and restaurants of downtown, and Route 395 and Route 16, with an easy drive to Worcester and Providence. Buyer and buyer's agent to perform own due diligence.
Listing last checked: Listing updated:
Listed by Vip Group · Moor Realty Group · MLS #73579666
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Details at a glance
Interior3 property facts
- Rooms
- 12
- Flooring
- Wood, Vinyl / VCT
- Basement
- Yes · Full, Unfinished
Building4 property facts
- Style
- Multi Family
- Year built
- 1880
- Parking
- 2
- Foundation
- Stone
Land & utilities5 property facts
- Lot size
- 0.18 acres
- Water
- Public
- Sewer
- Public Sewer
- Pool
- Not reported
- Zoning
- MR-12
Financial2 property facts
- Annual taxes
- $4,426
- Assessment year
- 2025
Location
Estimated monthly cost
Explore costs at the $385,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$2,316 / monthAdjust
- Principal & interest
- $1,947
- Property tax
- $369
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $4,426. 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.
Price and status timeline
- Exp
$360,540 · Aug 12, 2025
More property insights
Automated value estimate $405,690
Estimated range $379,181–$432,198.
Automated estimates are not appraisals or guarantees of market value.
Request a professional market analysisPhoto-based condition insights
Overall presentation: below average
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About 408 School Street
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Request a tour of 408 School Street and a Bean Group agent will help coordinate an available time with the listing side.
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Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.
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