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Closed

8-10 Spring St, Ware MA 01082

$174,900

Estimated $432.85/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $87,450

Total Rent: 6000/year

Estimated CAP Rate: 2.41%

4 Bedrooms

2 Full Baths

2,158 SqFt

Total Parking: 5

5,301 SqFt

Great Opportunity to own a 2 family with off-street parking. Major recent updates include a new roof, beautiful new siding, a deck, a side by side fridge with ice maker, a new furnace, 1 new shower and 1 walk-in whirlpool tub respectively. The fenced-in yard is low maintenance yet still provides space to enjoy the outdoors either entertaining or gardening. Each unit has their own driveway. There is lots of storage space in the full, walk-out basement with a work bench. Also in the basement there are washer/dryer hookups for each unit. The second floor unit has a de-lead certificate. The first floor will be vacant for closing, 2nd floor tenant is staying. Photos are of the first floor unit. You could move right in and make it your own. Property has an affordable housing restriction filed with reg. Taxes are very low and you have a mortgage helper, you can easily own this for less than renting!! Lots of major updates have been done for you, don't miss your chance to see this property!

This home has been viewed 33 times

Last Checked: May 7th, 2024 at 8:45am (Source: MLS PIN #73114681)

Gross Income: $6,000

Gross Expenses: $1,791

Net Income Calc: $4,209

CAP Rate: 2.41%

Annual Expenses for 8-10 Spring St, Ware MA 01082

Total Gross Expenses (Calculated)$1,791/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$1,791

Annual Income & Unit Breakdown for 8-10 Spring St, Ware MA 01082

Total Gross Income (Calculated)$6,000

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent Includes

Unit 2

Rental Income$500

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingYes

Rent Includes

General Information for 8-10 Spring St, Ware MA 01082

Listing ID73114681

Property TypeMulti Family

Price$174,900 ($81.05/SqFt)

StyleMulti Family

CityWare

CountyHampshire

MLS Area

Neighborhood(s)

Approximate Living Area Total2,158 SqFt

Approximate Lot Size (Acres)0.12 acres

Total Parking5

Garage Parking

Year Built1890

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot FeaturesCleared

Foundation Area

Foundation DescriptionStone

Accessible Features

Outdoor Space

ZoningDTR

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 8-10 Spring St, Ware MA 01082

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area DisclosureOne bedroom doesn't have a proper closet.

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$6,000

Total Net Income By Broker$6,000

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 8-10 Spring St, Ware MA 01082

Real Estate Taxes$1,791

Tax Year2022

Assessed Value$92,600

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$6,000

BostonRealEstate.com Gross Income

Total Net Income By Broker$6,000

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)2.41%

Location Information for 8-10 Spring St, Ware MA 01082

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area Amenities

Contact Information for 8-10 Spring St, Ware MA 01082

Agent

Name: Sarah Carter

Office

Name: Century 21 North East

Phone: 800-844-7653

Team Members

Payment Calculator

, Interest

Property Taxes 149.25

Principal & Interest 1077.68

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Century 21 North East

Sarah Carter

Agent Phone

Office Phone

(800) 844-7653

Text Agent Call Agent Call Office

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[perc_test_date] => Unknown
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[terms] => Array
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[year_built] => 1890
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)

)

EXIT