3 Mill St #13, Webster, MA 01570

Great investment property with a tremendous income potential, 6 Units townhouses style with individual entrances, 4 detached garages and plenty of parking. Three apartments have been renovated, a fourth one is almost finished. Seller will not fix the remaining two Units, the property is priced accordingly. There are two lots on this property bringing the grand total of land to .54 Acre (23,366) the second lot is off Market St - tax bill listed on the attachments - 31 Market St and 3-13 Mill St - 3 UNITS (3, 7, 13) are currently rented - 4t UNIT(7) ready to rent - 5th UNIT (5) Renovation in progress - 6th UNIT (11) needs total renovation - Cap rate over 12% with only 3 units rented - Projected Cap rate with all units and garages rented at market value would be 29.1%