Luxury Real Estate Group Boston > Webster > 51 Prospect St

LRG Boston

(617) 233-5800

355 Boylston St

Boston, Ma 02116

51 Prospect St

Webster, MA

Property Description

Perched on a prominent hilltop corner, this stately and substantial 7-unit brick building commands attention with its high-visibility location and classic architecture. Currently operated as a solid multifamily investment with off-street parking, the property offers both stable income and significant upside. Its generous footprint and strategic corner location make it a prime candidate for commercial redevelopment. Several units are occupied by long-term tenants paying well below market rents, presenting an immediate value-add opportunity through rent increases or unit turnover. Whether you're an investor looking to boost cash flow or a developer seeking a future transformation project, this property offers a rare combination of existing stability and long-term potential.

offered at

$895,000

  • Status: New
  • Listing ID: 73374822
  • Bedrooms: 11
  • Full Baths: 7
  • Living Area: 6,520 sqft Convert
  • Lot Size: 50,397 sqft Convert
  • Acres: 1.16

Additional Details

Type: Multi-Family, 5-9 Family

Zip Code: 01570

Levels: 3

Parking

Parking Spaces: 10

Rooms and Dimensions

Total Units: 7

Total Floors: 3

Total Rooms: 23

Contact: LRG Boston at (617) 233-5800

LRGBOSTON.COM

355 Boylston St. Boston, MA 02116

Map

Photos