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Chris Woodard

chrisw@kw.com +1(401) 640-3481

$ 465,000

Est. payment | -/mo

7 Beds

4 Baths

3,384 SqFt

Save

$ 465,000

Est. payment | -/mo

Save

7 Beds

4 Baths

3,384 SqFt

Key Details

Property Type Multi-Family

Sub Type 4 Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,384 sqft

Price per Sqft $137

MLS Listing ID 73543390

Bedrooms 7

Full Baths 4

Year Built 1890

Annual Tax Amount $4,277

Tax Year 2025

Lot Size 0.350 Acres

Acres 0.35

Property Sub-Type 4 Family

Property 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.

Location

State MA

County Hampshire

Zoning SR

Direction GPS friendly

Rooms

Basement Full, Interior Entry, Unfinished

Interior

Interior Features Bathroom With Tub & Shower, Internet Available - Unknown, Ceiling Fan(s), Kitchen, Living RM/Dining RM Combo, Mudroom, Living Room

Heating Oil, Electric

Flooring Varies

Appliance None, Range, Refrigerator, Washer, Dryer

Laundry Washer Hookup, Dryer Hookup

Exterior

Exterior Feature Varies per Unit

Garage Spaces 3.0

Community Features Public Transportation, Shopping, Medical Facility, Laundromat, House of Worship, Public School, Sidewalks

Utilities Available Varies per Unit

Roof Type Shingle

Total Parking Spaces 14

Garage Yes

Building

Lot Description Cleared, Gentle Sloping

Story 4

Foundation Stone, Brick/Mortar, Irregular

Sewer Public Sewer

Water Public

Others

Senior Community false

Acceptable Financing Contract

Listing Terms Contract

Listed by Daisy Hill Real Estate and Rentals

Nearby Locations

GET MORE INFORMATION

Chris Woodard

Broker Associate in RI and MA | Lic# RI: B16682 | MA: 147825

chrisw@kw.com

+1(401) 640-3481

259 Thames St #10, Bristol, RI, 02809, USA

38-40 Morse Ave Ware, MA 01082

Chris Woodard

Key Details

Location

Rooms

Interior

Exterior

Building

Others

38-40 Morse Ave