This property is no longer actively marketed. The last publicly available listing details are shown below; contact us for current availability.
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.
Listing last checked: Listing updated:
Listed by Tracy Larosa · Daisy Hill Real Estate and Rentals · MLS #73543390
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Details at a glance
Interior4 property facts
- Rooms
- 16
- Heating
- Oil, Electric
- Flooring
- Varies
- Basement
- Yes · Full, Interior Entry, Unfinished
Building6 property facts
- Style
- 4 Family
- Year built
- 1890
- Garage
- 3
- Parking
- 11
- Foundation
- Stone, Brick/Mortar, Irregular
- Roof
- Shingle
Land & utilities5 property facts
- Lot size
- 0.35 acres
- Water
- Public
- Sewer
- Public Sewer
- Pool
- Not reported
- Zoning
- SR
Financial2 property facts
- Annual taxes
- $4,277
- Assessment year
- 2025
Location
Price and status timeline
- Exp
$145,000 · Jun 16, 2010
More property insights
Automated value estimate $470,691
Estimated range $435,015–$506,367.
Automated estimates are not appraisals or guarantees of market value.
Request a professional market analysisPhoto-based condition insights
Overall presentation: below average
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About 38-40 Morse Ave
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This home is no longer actively marketed. Ask our team about its current status or similar homes.
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