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Closed

32 Massachusetts Avenue, Walpole MA 02081

$699,900

Estimated $1,803.71/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $349,950

Total Rent: 56400/year

Estimated CAP Rate: 6.91%

4 Bedrooms

2 Full Baths

1,789 SqFt

Total Parking: 8 (2 Garage)

11,200 SqFt

Welcome to 32 Massachusetts Ave. Walpole! This charming and well-maintained two-family house is now available for sale, offering a perfect opportunity for both investors and owner occupants seeking additional rental income. With its excellent location, ample space, and convenient amenities, this property is sure to impress. The prime location is just 1 mile away from Walpole Commuter Rail, Downtown Walpole, Restaurants/Bars, Shopping Centers, Grocery Stores and lovely Conservation Areas. Also conveniently located between Route 1, Route 1A, and i95. This property features a total of 4 bedrooms, updated stainless steel appliances, private entrances and separated utilities. The standout features are the two-car garage, providing ample storage space for vehicles, tools, or recreational equipment. There is a generous yard, and deck space. Unit two is vacant, and was just renovated with new, luxury vinyl flooring in both bedrooms, fresh paint, and brand new washer and dryer

This home has been viewed 28 times

Last Checked: May 7th, 2024 at 7:45am (Source: MLS PIN #73112308)

Gross Income: $56,400

Gross Expenses: $8,026

Net Income Calc: $48,374

CAP Rate: 6.91%

Annual Expenses for 32 Massachusetts Avenue, Walpole MA 02081

Total Gross Expenses (Calculated)$8,026/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$8,026

Annual Income & Unit Breakdown for 32 Massachusetts Avenue, Walpole MA 02081

Total Gross Income (Calculated)$56,400

Unit 1

Rental Income$2,000

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water)

Unit 2

Rental Income$2,700

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water)

General Information for 32 Massachusetts Avenue, Walpole MA 02081

Listing ID73112308

Property TypeMulti Family / 2 Family

Price$699,900 ($391.22/SqFt)

Style2 Family - 2 Units Up/down

CityWalpole

CountyNorfolk

MLS Area

Neighborhood(s)

Approximate Living Area Total1,789 SqFt

Approximate Lot Size (Acres)0.26 acres

Total Parking8 (2 Garage)

Garage Parking2 / Detached

Year Built1890

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual,Renovated Since

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesLevel

Foundation Area

Foundation DescriptionStone

Accessible Features

Outdoor Space

ZoningRes

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy FeaturesThermostat

Terms

Disclosures for 32 Massachusetts Avenue, Walpole MA 02081

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data SourceOwner

Total Gross Expenses By Broker$0

Total Gross Income By Broker$56,400

Total Net Income By Broker$56,400

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2.5

Facilitator Compensation2.5

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 32 Massachusetts Avenue, Walpole MA 02081

Real Estate Taxes$8,026

Tax Year2023

Assessed Value$577,870

Financial Data SourceOwner

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$56,400

BostonRealEstate.com Gross Income

Total Net Income By Broker$56,400

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)6.91%

Location Information for 32 Massachusetts Avenue, Walpole MA 02081

Elementary SchoolBoyden

Middle SchoolBird

High SchoolWalpole High

Neighborhood(s)

MLS Area

Area AmenitiesWalk/jog Trails, Conservation Area, Highway Access, House Of Worship, Public School, Shopping, Park, Medical Facility, Public Transportation, T-station, Private School, Sidewalks

Contact Information for 32 Massachusetts Avenue, Walpole MA 02081

Agent

Name: Sara Adgate

Office

Name: Success! Real Estate

Phone: 781-848-9064

Payment Calculator

, Interest

Property Taxes 668.83

Principal & Interest 4312.56

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Success! Real Estate

Sara Adgate

Agent Phone

Office Phone

(781) 848-9064

Text Agent Call Agent Call Office

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                )

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)

EXIT