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Westborough, MA. 01581
(map)

MLS # 72423191 - Contingent
Multi-Family 2 Family - Rooming House    

List Price $589,000 Days on Market  
List Date   # Units 2
Sale Price   # Floors  
Sold Date   Rooms 17
Assessed Value $577,200 Bedrooms 14
Gross Living Area 5,545SF Full Baths 2
Lot Size 5,183SF Half Baths 2
Taxes $10,655.11 Fireplaces  
Tax Year 2018 Basement Yes
Zoning downtn Bus Waterfront No
Est. Street Front   Beach Nearby No
Year Built 1874 Parking Spaces 7
    Garage Spaces 0
Remarks:
"The Central House", the oldest continuously operating Inn and Tavern in town, since 1874. Currently a restaurant and bar on the first floor and a 14-room rooming house on the 2nd and 3rd floors. Upstairs rooms all need rehab-possible multi-family/apartment building conversion. 7 rooms & 1 bath on each upper floor. 5 rooms currently rented. Sprinkler system needed per fire dept for rental of more rooms. Innkeeper's full pour liquor license can transfer with local & state board approval. 7 parking spaces + public lot across the street. Slate roof has been repaired, newer gas boiler. Central Air first floor only. Tavern operator would like to stay and lease. Current family owned since 1974. Fantastic opportunity in the heart of vibrant downtown Westborough-close to everything!
Features
Amenities   Shopping,
   Golf Course, House of
   Worship
Basement   Full,
   Partially Finished,
   Interior Access,
   Concrete Floor
Construction   Frame
Cooling Zones   1
Electricity   Circuit
   Breakers
Exterior   Vinyl
Foundation   Fieldstone,
   Granite
Heating Zones   1
Hot Water   Tank
Lead Paint   Unknown
Lot   Corner, Paved
   Drive, Level
Parking   Off-Street,
   Paved Driveway
Road   Public, Paved,
   Publicly Maint.,
   Sidewalk
Roof   Slate
Sewer / Water   City/Town
   Sewer, City/Town Water
Utility Connections   for
   Gas Range
Units
Common Features Heating: Hot Water Radiators, Gas; Cooling: Central Air
Unit 1 Floor: 1; Half Baths: 2; Lease: No; Levels: 1; Rooms: 3
Unit 2 Bedrooms: 1; Floor: 2; Full Baths: 2; Lease: No; Levels: 2; Rent: 2500; Rooms: 14
Financial Info
Gross Oper. Income   $30,000 Net Oper. Income   $30,000
Additional Information
APOD Available?   Yes
Anticipated Sale Date  
   03/29/2019
Deed   Book: 5624, Page:
   342
Disclosures   Sprinkler
   system needed to rent all
   14 rooms per Fire Dept.
Foreclosure   No
GLA Source   Public Record
Seller Disclosure Doc   No
Short Sale   No
Year Built Desc.   Actual
Year Built Source   Owner

Property Last Updated by Listing Office: 12/11/18 2:40pm

Courtesy: MLSPIN

Contact agent for more information about this listing
Listing Office: RE/MAX Advantage Real Estate Listing Agent: Debbie Schradieck


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