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Adam Dow

| The Dow Group | #1 Real Estate Team in New Hampshire

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38-40 Morse Ave , Ware, MA 01082
$465,000
Est. Payment: $1,033.33/mo
7 Bed
4 Bath
3384 Sqft
Status: Contingent | Days on site: 79
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AN4961 - CN237383
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House Description

This four-family property features three 2-bedroom units and one 1-bedroom unit with a mudroom/three-season room, and all 4 units are currently occupied, providing immediate rental income. Three of the four units offer convenient washer and dryer hookups, adding appeal for tenants. Additional income potential comes from the large, fully rented garage, plus the third floor is currently rented for storage with the possibility of finishing the space for even greater revenue (buyer to perform due diligence). Situated on a dead-end street with sidewalks, off-street parking, and a large yard with perennial flowers and a stream, this property offers an attractive setting for tenants. A rare opportunity to own an income-producing property with multiple avenues for possible growth. The owner pays water/sewer, refuse removal, landscaping, snow removal, and common area electricity. Note: Additional rent is paid by tenants for the garage and 3rd-floor storage space beyond their monthly rent.

Highlights

Listed by Tracy LaRosa , 774-242-5314 Daisy Hill Real Estate and Rentals , 774-364-0856.

Property Type

Multi-Family

Lot/Acreage
0.35

Year Built

1890

County

Hampshire

Listing ID

73543390

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:7
  • Bathrooms:4
  • Full Bathrooms:4
Appliances:Range, Refrigerator, Washer, Dryer
Floor:Varies
Other:
  • Additional:Bathroom With Tub & Shower, Internet Available - Unknown, Ceiling Fan(s), Kitchen, Living RM/Dining RM Combo, Mudroom, Living Room
Water:Public

Exterior Features

Lot:Cleared,Gentle Sloping
Garage Capacity:11
Zoning:SR
Roof:Shingle
Others:
  • Additional:Varies per Unit
Sewer:Public Sewer
Parking Features:Paved Drive,Shared Driveway,Off Street,Common,Paved,Parking Spaces: 11
Principal Interest
$1,033
Taxes
$356

Home Price

$465,000

Loan Details

30 yrs
%

Down Payment

20%
$93,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,033.33

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,033.33 $356.42 $0.00 $1,389.75
Yearly $12,400.00 $4,277.00 $0.00 $16,677.00
Total $372,000.00 $128,310.00 $0.00 $500,310.00

Today's Rates

30 Year

0%

20 Year

0%

15 Year

0%

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Market insight data is pulled from the same city as the listing being viewed (Ware, MA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.