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Bean Group
Offered at $450,000Pending
beds
6
baths
3
sq ft
3,348
Built
1897

723 Main

Warren, MA 01083

About this home

Excellent opportunity for an investor or owner-occupant with this well-maintained three-family property in Warren. The property offers a strong combination of existing income and immediate rental upside, with two units recently renovated, cleaned, and intentionally left vacant, giving the new owner the flexibility to select their own tenants, establish current market rents, or occupy one of the units.The third unit is currently rented for $1,300 per month, slightly below the estimated market rent of approximately $1,450 per month. The two vacant units are also projected at approximately $1,450 per month each, creating the potential for approximately $4,350 per month / $52,200 annually in gross rental income if all three units were rented at the stated market rent.The available units feature bright, clean interiors, updated kitchens and baths, neutral finishes, and spacious living areas. The property has been prepared for its next owner, allowing for a relatively straightforward transition into leasing the vacant units.Whether you're looking to house hack by living in one unit while collecting rent from the others or add a three-family property with value-add rental potential to your portfolio, 723 Main Street offers multiple options from day one.Two renovated units are vacant and ready for occupancy or new tenants. One unit is currently income-producing at $1,300/month. A great opportunity to acquire a multi-family property with both existing cash flow and room to increase income.

Listing last checked: Listing updated:

Listed by Elias Kassis · Boardwalk Properties · MLS #73579253

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Details at a glance

Interior2 property facts
Rooms
18
Basement
Yes · Full, Dirt Floor, Concrete, Unfinished
Building4 property facts
Style
3 Family
Year built
1897
Parking
5
Foundation
Stone, Brick/Mortar
Land & utilities5 property facts
Lot size
0.18 acres
Water
Public
Sewer
Public Sewer
Pool
Not reported
Zoning
VIL
Financial2 property facts
Annual taxes
$2,944
Assessment year
2025

Location

Estimated monthly cost

Explore costs at the $450,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$2,521 / monthAdjust
Principal & interest
$2,275
Property tax
$245
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $2,944. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.

Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

More property insights

Automated value estimate $452,997

Estimated range $423,463–$482,532.

Automated estimates are not appraisals or guarantees of market value.

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Photo-based condition insights

Overall presentation: average

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About 723 Main

Can I request a private showing?

Request a tour of 723 Main 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.

Are property documents available?

Availability varies by property and source. Request the documents you need and we will help obtain what is available.