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38-40 Morse Ave

ware, MA 01082

$465,000

  • 7 BR
    4 BA
    approx. 3,384 SF

Interested? Let's Connect

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.

Details

3,384 Sq Ft

0.35 Private Acres Lot Size

investment

$356 Monthly Tax

Built in 1890

MLS/Listing ID 73543390

4 Stories

4 Units

Amenities & Features

Parking - Paved

Parking - Shared Driveway

Lot - Cleared

Lot - Gentle Sloping

Dryer Hookup

Washer Hookup

Brick Mortar

Stone

Construction - Frame

Community - Public Transportation

Community - Shopping

Community - Sidewalks

Dryer

Range

Refrigerator

Washer

Community - Public School

Community - Medical Facility

Community - Laundromat

Community - House of Worship

Porch

Parking - Common

Parking - Off Street

Heating - Electric

Heating - Oil

Public Water

Public Sewer

Shingle

Mudroom

Living Room

Living Room/Dining Room Combo

Ceiling Fans

Bathroom with Tub and Shower

Irregular

Varies per Unit

Estimate my mortgage

TOTAL MONTHLY COST

$0

  • PRINCIPAL & INTEREST

    $0

  • PROPERTY TAXES

    $0

  • Common Charges

    $0

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Interested In 38-40 Morse Ave?