Under Agreement
38-40 Morse Ave, Ware, MA
Ware · MA 01082
- $465,000
- Price
- 7
- Beds
- 4
- Baths
- 3384
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1890
Units:
4 Units
Lot size:
0.35 Acre Lot
Price per square foot:
$137 / Sq.Ft
Parking:
3 Garage Spaces · 8 Off Street Spaces
About this home
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.
Neighborhood & Transit
38-40 Morse Ave, Ware · MA 01082
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:
- 126 days
- Listing Price:
- $465,000
- Price per Sq.Ft:
- $137
- Tax Assessment:
- $284,000 in 2025
- Taxes:
- $356 / Monthly
Home Facts
Interior Features
- Bedrooms
- 7
- Full Bathrooms
- 4
- Half Bathrooms
- 0
- Living Area
- 3,384 Sq.Ft
- Broker Disclosure about Living Area
- Buyer, Buyer agent to Verify square footage, information taken from public record.
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 3384
- Flooring
- Unknown
- Lead paint
- Unknown
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- Circuit Breakers, Other (See Remarks), Individually Metered
Exterior Features
- Lot Size
- 15,398 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 3 Parking Spaces
- Off Street Parking
- 8 Parking Spaces
Construction Details
- Construction Type
- Unknown
- Siding
- Vinyl
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- Tracy LaRosa
- Listing office
- Daisy Hill Real Estate and Rentals
- MLS PIN #
- 73543390
- Disclosure
- Info. from owners & public records, buyer and/or buyer agent to verify & perform due diligence. Min. 48 hours requested for showings & all showings are accompanied- pets on premises in all 4 units, do not go outside! House & garage roof replaced in 2017 per owner. Some photos from before occupancy.
- Disclosure
- Buyer, Buyer agent to Verify square footage, information taken from public record.
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