Active Under Contract
38-40 Morse Ave
Ware, MA 01082
Residential Income · Active Under Contract · MLS #73543390
Listing Courtesy of Daisy Hill Real Estate and Rentals | Tracy Larosa
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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.
Property information
Details at a glance
Interior
- Rooms
- 16
- Heating
- Oil, Electric
- Flooring
- Varies
Building
- Style
- 4 Family
- Year built
- 1890
- Garage
- 3
- Parking
- 11
- Foundation
- Stone, Brick/Mortar, Irregular
- Roof
- Shingle
Land & utilities
- Lot size
- 0.35 acres
- Water
- Public
- Sewer
- Public Sewer
- Zoning
- SR
Financial
- Annual taxes
- $4,277
- Assessment year
- 2025
Listing history
Price and status timeline
- Exp
$145,000 · Jun 16, 2010
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About 38-40 Morse Ave
Can I schedule a private showing?
Yes. Request a tour and a Bean Group agent will help coordinate an available time with the listing side.
Can you help me evaluate this property?
Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.
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Availability varies by property and source. Request the documents you need and we will help obtain what is available.