MA
Hampshire
Ware
01082
38-40 Morse Ave
38-40 Morse Ave, Ware, MA 01082
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Listing Type
Multi Family
Listing Status
Active
35
$465,000

Home Details for 38-40 Morse Ave

Price
$465,000
Type
Residential Income
Bedrooms
7
Total Bathrooms
4
Full Bathrooms
4
Square feet
3384
Year built
1890
Lot size acres
0.35
County
Hampshire
Total rooms
16
Garage
3
Basement
Full, Interior Entry, Unfinished
MLS Listing#
73543390
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.

Property Features
  • Parking
    • Paved
    • Shared Driveway
    • Off Street
    • Common
  • Basement
    • Full
    • Interior Entry
    • Unfinished
  • Heating Information
    • Oil
    • Electric
  • Cooling Information
    • Ceiling Fan(s)
  • Water Features
    • Public
  • House Interior
    • Ceiling Fan(s)
Listing Courtesy: Daisy Hill Real Estate and Rentals - 774-364-0856
Presented by: Tracy LaRosa
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EXIT PREMIER REAL ESTATE
85 Wilmington Road, Burlington, MA 01803
Brenda Cahoon
License #: 9049354
REALTOR®, MAR
Office
781 270 4770
Agent
781 910 5770
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