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284-300 Main St, Walpole, MA

Walpole · MA 02081

$1,850,000
Price
11
Beds
7
Baths
5632
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1965
Units: 7 Units
Lot size: 0.25 Acre Lot
Price per square foot: $408 / Sq.Ft
Parking: 30 Off Street Spaces

About this home

284-300 Main Street in Walpole, Massachusetts.The three-story building contains seven (7) residential units comprised of four (4), 2-Bedroom/1Bathroom units and three (3), 1-Bedroom/1-Bathroom units with 5,632 square feet of living area in 10,880 square feet of total area on a 0.36-acre parcel of land. In-place rents are significantly below the current market rent for comparable units in the market, offering the Buyer the potential to raise rents and increase current revenue.The building also offers significant upside through the build-out of the third floor. Currently vacant and stripped to the floorboards and rafters, the third floor offers the opportunity to add additional residential units. There are plans in place to add additional units: up to four (4)1-Bedroom/1-Bathroom units or two (2), 2-Bedroom/1-Bathroom units.

Neighborhood & Transit

284-300 Main St, Walpole · MA 02081

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

No subway or commuter rail stations within 0.5 mile.

Price Insight

Days on Market:
880 days
Listing Price:
$2,300,000
Price per Sq.Ft:
$408
Tax Assessment:
$708,500 in 2023
Taxes:
$1,057 / Monthly

Home Facts

Interior Features

Bedrooms
11
Full Bathrooms
7
Half Bathrooms
0
Living Area
5,632 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
5632
Flooring
Unknown
Lead paint
None

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Unknown

Exterior Features

Lot Size
10,880 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
30 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Unknown
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Spencer Smith
Listing office
Horvath & Tremblay
MLS PIN #
73248268
Disclosure
Written Offer is required before viewing units and basements.