Unlock the potential of this prime commercial investment on Lake Lashaway! Zoned for mixed-use, this lakeside property is an investor’s dream. The site includes a restaurant-ready commercial space and three income-generating apartments: two 1-bedroom units and one 2-bedroom unit. With minor updates, the rental units could achieve market-rate rents, maximizing your cash flow. Positioned on a full-recreational lake, the property offers appeal for year-round activity, from boating to fishing, drawing tenants and visitors alike. Sold as-is, with the buyer to address septic system replacement (Title V failure disclosed; septic design available in MLS). Perfect for cash or rehab loan buyers ready to seize this high-return waterfront opportunity!
MLS# | 73315182 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | Active |
Year | 1900 |
Days On Site | 119 |
Listing Provided By | Houseworks Realty | Cliff Leinonen & Cindy Leinonen Team |
Bath(s) | 4 |
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SQ Feet | 3,534 |
Zoning | C |
Acreage | 0.11 |
State | MA |
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County | Worcester |
City | East Brookfield |
Zip Code | 01515 |
Area | Worcester |
Listing VS Median (In 01515) | |
Price: $525,000 low | high Med: $492,450 SqFt: 3,534 low | high Med: 1,452 $ / SqFt: $149 low | high Med: $342 On site: 119 low | high Med: 17.500000 |