Backup offers
$10,000 Closing Credit¹
#73374865, Edward Murphy, Listing Office: 7 Hills Real Estate
$895,000 List price
51 Prospect St Webster, MA 01570
$10,000
Closing credit¹
11 beds
7 full
6,520 sqft
1.2 acres
$137 / sqft
Multi-Family
Property details
About 51 Prospect St
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.
Highlights
Home typeMulti Family
StatusAccepting Backup Offers
(Contingent)
(Contingent)
Size6,520 sqft
Lot size1.16 Acres
Year built1880
MLS #73374822
Summary
- Full Bathrooms: 7
- Total Bedroom Count: 11
- List Price: $895,000
- Price/SqFt: $137
- Annual Tax Amount: $5,916
- Tax Year: 2024
- Lot: Corner Lot
- Directions: Main to Prospect
- Year Built: 1880
- Stories: 3
- Living Area: 6,520 SqFt
- Lot Size: 1.16 Acres
- MLS Number: 73374822
- MLS Name: MLS Property Information Network
- Office Name: 7 Hills Real Estate
- Office Phone: (508) 340-4700
- Listing Agent: Edward Murphy
Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/30/2025, 12:55:26 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$895,000
51 Prospect St
$10,000
closing credit¹
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jan 13, 2022 | Home Sold | $2,430,000 |
| Jul 29, 2021 | Home Sold | $420,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $485,700 | $5,916 |
| 2023 | $466,500 | $5,831 |
| 2022 | $405,600 | $5,662 |
History based on county public records data.
Nearby schools
7
Dudley Elementary School
Public District 2-4
0.5 mi
•16 School St
4
Park Avenue Elementary School
Public District PK-4
0.5 mi
•58 Park Ave
3
Mary R. Fisher Elementary School
Public District PK-4
5.5 mi
•785 Riverside Dr
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $28,659. The majority of Webster, MA residents have income less than $<35k annually. The majority of families are single, no kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
61%
<35k
37%
35k-100k
2%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
57%
Single, No Kids
20%
Single, with Kids
13%
Married, No Kids
10%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
16%
<11 yrs old
6%
12-17 yrs old
28%
18-34 yrs old
40%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Soccer
Figure Skating
Where do the neighbors shop?
Burlington
Forever 21
Family Dollar
Where do the neighbors go to eat?
Popeyes
Dominos Pizza
Church's Chicken
What do the neighbors drive?
Dodge
Mazda
Cadillac
What do the neighbors listen to?
Urban Contemporary
Rhythmic Contemporary Hits
Jazz
All data provided by Home Junction and Claritas
Similar homes for sale
This home is located at 51 Prospect St in Webster, MA and zip code 01570. This 6,520 square foot home, which was built in 1880, sits on a 1.16 acre lot. Features: 11 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since May 19, 2025 and is currently priced at $895,000.
In April 2025 more than 4 listings in Webster, MA were sold above the asking price. During the same period more than 1 listings were sold at asking price, while more than 3 were sold below. The number of listings in Webster, MA increased by 17.1% between March and April 2025. In April 2025 median list price was $425,500 and the average listing age was 16 days.
From Rocket Homes Real Estate and based on county public records data.