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116 Westwood Dr
Sturbridge, MA 01566
OFFERS DUE 5/18/17 · Multifamily Property For Sale · 14 Units

PROPERTY FACTS

No. Units 14
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.57 AC
Building Size 11,014 SF
No. Stories 2
Year Built 1969
Parking Ratio 1.45/1,000 SF

ABOUT 116 WESTWOOD DR , STURBRIDGE, MA 01566

OVERVIEW The NAI Hunneman Capital Markets Team has been exclusively retained to sell 116 Westwood Drive in Sturbridge, MA. This investment property represents a unique opportunity to purchase a 14-unit waterfront apartment building. The building contains eight (8) one-bedroom units and six (6) studio units. There are seven (7) lakeside units with private decks and attractive views of Cedar Pond. The building is located on a 24,829 ± SF lot with off-street parking for 16 cars. 116 Westwood Drive is available for acquisition with an asking price of $850,00 WATERFRONT Cedar Pond is a long narrow lake located in the north-central section of Sturbridge. The lake' s area is about 183 acres and its shoreline is developed with mostly single-family lake-houses. 116 Westwood Drive is located in the northern section with lake frontage and easy access. Tenants can sit on their porch or the grassed in back yard and enjoy the views. They can also launch canoes, kayaks, or a boat from the driveway/ramp along the right side of the property. The subject property is well-located in Sturbridge, MA and is only a short drive from I-84 and I-90 (Mass Pike). This location is central for commuters working in Worcester (23 miles), Springfield (37 miles), and Hartford (47 miles). Locally, residents can enjoy the town' s colonial era history including Old Sturbridge Village and other historical sites. There are excellent restaurants, stores, and antique shopping along Route 20. The property is only a short drive or bike ride to the Cedar Pond Recreation Area which has a beach for swimming, tennis courts, and a playground.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
STUR-000678-000000-001641-000116
Land Assessment
$210,000
Improvements Assessment
$672,000
Total Assessment
$882,000
  • Listing ID: 3714673

  • Date on Market: 9/24/2016

  • Last Updated:

  • Address: 116 Westwood Dr, Sturbridge, MA 01566

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