Back 44 South St
Off Market

44 South St

Westborough MA 01581

13
5
7
7830 sq. ft.
5188 sq. ft.
Other
Last sold for $1,395,000
Nilton LisboaNilton Lisboa, last sold this property on 27 March 2026 after 84 days on market.

Overview

This 14-unit mixed-use property delivers strong, predictable cash flow through a proven modern co-living model. The asset includes a NNN-leased restaurant, one full studio apartment, and 12 furnished rooms (beds, smart TVs, and refrigerators).The property has been fully renovated, including new electrical and plumbing systems, siding and windows, four new HVAC systems, sprinkler and fire alarm systems, flooring, lighting, carpentry, and insulation. Annual gross revenue exceeds $200k with actual operating expenses of approximately $55k for self-managed operator. Plus Coin-Op laundry income and other value-add still remains. The property was redesigned and branded to attract higher-quality residents, offering free internet and cable, heating and A/C, parking, and professionally maintained common areas, resulting in lower turnover. Ownership says key is in tenant screening and requirement of three months paid upfront to reduce vacancy and risk. Seller willing to remain as consultant

Features

13 bedrooms
5 bathrooms
7 carspaces
7 open car spaces
7830 sq. ft. floor area
5188 sq. ft. lot size
Other

Estimated Value

We need at least 3 similar 13 bedroom other properties sold in Westborough over the last 12 months.

Property history for 44 South St

2026
Sold
$1,395,000
27 Mar 2026 by Nilton Lisboa, of Lisboa Realty

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