Overview Property Details Payment Calculator Walkability

Add to favorites

Remove from favorites
Send to Friend
Watch changes on this property

Closed

8 Morse Court, Manchester MA 01944

$1,399,000

Estimated $2,943/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $699,500

Total Rent: 76200/year

Estimated CAP Rate:

4 Bedrooms

Baths

2224

Total Parking: 3

5,314 (0.12)

Hear the church bells and feel the ocean breeze in this well maintained 2 family steps from the harbor in the quaint seaside village of Manchester-by-the-Sea! A cul de sac neighborhood, a short stroll to mbta, business & recreational amenities,a small bit of green space, off street parking as well as lots of basement storage for kayaks, SUP, & bikes invite you to a village lifestyle.Garner income from one unit to cover your owners unit expenses, convert to a single family use, or condo & split off a unit. A rare offering with a strong rental history. Don’t miss out on this smart opportunity to acquire a unique property that has just undergone renovations bringing todays expectations to a restored antique and the ease of low maintenance living. This is the little place to keep as your own getaway as you plan for the future. Contact List agent for detailed rental numbers, a rare offering, don’t miss out! Singing Beach is calling you. Can transfer fully vacant as of 7/1.

This home has been viewed 34 times

Last Checked: May 7th, 2024 at 8:45am (Source: MLS PIN #73113922)

Gross Income: $76,200

Gross Expenses: $8,098

Net Income Calc: $68,102

Water Views

Annual Expenses for 8 Morse Court, Manchester MA 01944

Total Gross Expenses (Calculated)$8,098/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax8098.9

Annual Income & Unit Breakdown for 8 Morse Court, Manchester MA 01944

Total Gross Income (Calculated)$76,200

Unit 1

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

Rent IncludesHeat

General Information for 8 Morse Court, Manchester MA 01944

Listing ID73113922

Property TypeMulti Family / 2 Family

Price1399000 ($629.05/SqFt)

Style2 Family - 2 Units Up/down

CityManchester

CountyEssex

Neighborhood(s)Ipswich

Approximate Living Area Total2224

Approximate Lot Size (Acres)0.12

Total Parking3

Garage Parking0

Year Built1820

Year Built SourcePublic Records

Year Built DetailsApproximate,Renovated Since

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningG

Water ViewsYes

Water Views FeaturesBay

Waterfront FeaturesRiver

Terms

Disclosures for 8 Morse Court, Manchester MA 01944

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Exclusions.

Financial Data SourceEstimated

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation1

Compensation Based OnGross/full Sale Price

Financial Information for 8 Morse Court, Manchester MA 01944

Real Estate Taxes8098.9

Tax Year2023

Assessed Value$776,500

Financial Data SourceEstimated

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 8 Morse Court, Manchester MA 01944

High SchoolMers

Neighborhood(s)Ipswich

Area AmenitiesWalk/jog Trails

Contact Information for 8 Morse Court, Manchester MA 01944

Agent

Name: Cricket Sperry

Office

Name: J. Barrett & Company

Phone: 978-526-8555

Payment Calculator

, Interest

Property Taxes 674.91

Principal & Interest 8620.19

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

J. Barrett & Company

Cricket Sperry

Agent Phone

Office Phone

(978) 526-8555

Text Agent Call Agent Call Office

Array
(
    [acres] => Approx. 0.12 acres (5,314 SqFt)
    [add_date] => 2024-05-07 08:45:57
    [address] => Morse Court
    [agent] => Array
        (
            [address] => 182 Essex Street
            [city] => South Hamilton
            [id] => C0003110
            [name] => Cricket Sperry
            [national_association] => 454003869
            [office] => C95245
            [state] => MA
            [zip] => 01982
        )

[apod_available] => Array
        (
            [0] => No
        )

[appliances] => Array
        (
            [0] => Range
        )

[approx_living_area_total] => 2224
    [approx_lot_size_acres] => 0.12
    [approx_lot_size_sqft] => 5314
    [assessed_value] => $776,500
    [association] => 
    [association_fee] => Array
        (
        )

[association_fee_frequency] => Array
        (
        )

[association_fee_includes] => Array
        (
        )

[association_required] => Array
        (
        )

[available_date] => 
    [available_now] => 0
    [basement] => Array
        (
            [0] => Full
        )

[bathrooms] => 
    [bedrooms] => 4
    [building_amenities] => Array
        (
        )

[building_area_source] => Array
        (
            [0] => Public Records
        )

[building_management] => Array
        (
        )

[building_debug] => 
    [building_id] => 
    [building_parent] => 0
    [building_name] => 
    [building_name_from_address] => 
    [building_url] => 
    [buyer_agent_compensation] => 2
    [buyer_agent_id] => C8001315
    [buyer_office_id] => C95245
    [c_style] => Array
        (
            [0] => 2 Family
        )

[c_type] => Array
        (
            [0] => Multi Family
        )

[cap_rate] => 
    [city] => Manchester
    [community_features] => Array
        (
            [0] => Walk/jog Trails
        )

[compensation_based_on] => Array
        (
            [0] => Gross/full Sale Price
        )

[complex_complete] => Array
        (
        )

[construction_materials] => Array
        (
            [0] => Frame
        )

[construction_status] => 
    [cooling] => Array
        (
            [0] => 1
            [1] => Split
        )

[cooperating_agent_commission] => Array
        (
        )

[county] => Essex
    [cultivation_acres] => 
    [date_available_note] => 
    [deposit_amount] => Array
        (
        )

[deposit_required] => Array
        (
        )

[deqe] => 
    [description] => Hear the church bells and feel the ocean breeze in this well maintained 2 family steps from the harbor in the quaint seaside village of Manchester-by-the-Sea! A  cul de sac neighborhood, a short stroll to mbta, business & recreational amenities,a small bit of green space, off street parking as well as lots of basement storage for kayaks, SUP, & bikes invite you to a village lifestyle.Garner income from one unit to cover your owners unit expenses, convert to a single family use, or condo & split off a unit. A rare offering with a strong rental history. Don’t miss out on this smart opportunity to acquire a unique property that has just undergone renovations bringing todays expectations to a restored antique and the ease of low maintenance living. This is the little place to keep as your own getaway as you plan for the future.  Contact List agent for detailed rental numbers, a rare offering, don’t miss out! Singing Beach is calling you. Can transfer fully vacant as of 7/1.
    [disclosures] => 
    [documents_available] => Array
        (
        )

[electric] => Array
        (
            [0] => 220 Volts
        )

[electric_expense] => Array
        (
        )

[elementary_school] => 
    [en_suite_bath] => Array
        (
            [0] => Yes
        )

[energy_features] => 
    [entry_level] => Array
        (
        )

[estimated_monthly_payment] => 
    [exclusions] => Array
        (
            [0] => .
        )

[exterior_features] => Array
        (
            [0] => Porch
        )

[facilitator_compensation] => 1
    [fee_paid_by_tennant] => 
    [financial_data_source] => Array
        (
            [0] => Estimated
        )

[fireplaces] => Array
        (
        )

[first_month_required] => Array
        (
        )

[floor_number] => 0
    [flooring] => Array
        (
            [0] => Tile
        )

[for_sale_by_owner] => 
    [foundation_area] => 
    [foundation_materials] => Array
        (
        )

[frontage_length] => 59.00
    [full_baths] => 
    [garage_parking] => 0
    [gas] => Array
        (
        )

[gas_expense] => Array
        (
        )

[gross_income] => Array
        (
        )

[half_baths] => 
    [handicap_access] => 
    [heating] => 
    [heating_expense] => Array
        (
        )

[high_school] => Mers
    [horse_features] => Array
        (
            [0] => River
        )

[horse_permitted] => 
    [hot_water] => Array
        (
        )

[id] => 
    [insurance_expense] => Array
        (
        )

[insurance_required] => Array
        (
        )

[interior_features] => Array
        (
            [0] => French Doors
        )

[last_month_required] => Array
        (
        )

[last_sync_date] => 2024-05-07 08:45:57
    [laundry_features] => Array
        (
        )

[lead_paint] => Array
        (
        )

[lease_term] => Array
        (
        )

[levels_in_unit] => 
    [living_area] => 
    [living_area_disclosure] => Array
        (
        )

[living_area_includes_basement] => Array
        (
            [0] => No
        )

[lot_features] => Array
        (
            [0] => Gentle Sloping
        )

[management_expense] => Array
        (
        )

[middle_school] => 
    [miscellaneuos_expense] => Array
        (
        )

[mls_area] => 
    [mls_id] => 73113922
    [neighborhoods] => Ipswich
    [net_income_calc] => 68102
    [net_operating_income] => Array
        (
        )

[number_of_lots] => Array
        (
        )

[number_of_units] => 2
    [office] => Array
        (
            [id] => C95245
            [name] => J. Barrett & Company
            [phone] => 978-526-8555
        )

[operating_expense] => Array
        (
        )

[optional_fee_includes] => Array
        (
        )

[optional_price] => 0
    [outdoor_space_available] => Array
        (
        )

[owner_occupancy_source] => 
    [parking_features] => Array
        (
            [0] => 1
        )

[pasture_area] => 
    [patio_and_porch] => Array
        (
        )

[perc_test] => Array
        (
        )

[perc_test_date] => 
    [pet_policy] => Array
        (
            [0] => Allowed
        )

[phone] => 
    [pool_features] => Array
        (
        )

[price] => 1399000
    [price_per_sqft] => 629.05
    [price_per_unit] => 699500
    [private_pool] => 
    [property_sub_type] => Array
        (
            [0] => 2 Family - 2 Units Up/down
        )

[real_estate_tax] => 8098.9
    [references_required] => Array
        (
        )

[rent_includes] => Array
        (
            [0] => Heat
        )

[repair_maintenance_expense] => Array
        (
        )

[road_frontage_type] => Array
        (
        )

[roof_material] => Array
        (
            [0] => Asphalt/fiberglass Shingles
        )

[rooms] => 8
    [schools] => 
    [senior_community] => 
    [sewer] => Array
        (
            [0] => Public Sewer
        )

[sewer_expense] => Array
        (
        )

[short_sale] => Array
        (
        )

[special_listing_conditions] => Array
        (
        )

[state] => Massachusetts
    [state_code] => MA
    [status] => Array
        (
            [0] => Closed
        )

[street_number] => 8
    [structure_type] => Array
        (
        )

[style] => Array
        (
        )

[subagent_compensation] => 
    [tag_accessible_features] => 
    [tag_air_conditioning] => 1
    [tag_association_pool] => 
    [tag_beach_access] => 
    [tag_beach_front] => 
    [tag_elevator] => 
    [tag_equestrian] => 
    [tag_garage_parking] => 
    [tag_generator] => 
    [tag_green_features] => 
    [tag_laundry] => 
    [tag_lead_paint_free] => 
    [tag_loft] => 
    [tag_pet_friendly] => 
    [tag_pre_construction] => 
    [tag_private_outdoor_space] => 
    [tag_private_pool] => 
    [tag_professional_management] => 
    [tag_recently_renovated] => 
    [tag_senior_community] => 
    [tag_townhouse] => 
    [tag_waterfront] => 
    [tag_waterview] => 1
    [tax_year] => 2023
    [team] => 
    [team_agents] => Array
        (
        )

[terms] => Array
        (
        )

[timber_acres] => 
    [title_5] => 
    [total_gross_expense] => 8098
    [total_gross_income] => 76200
    [total_parking] => 3
    [trash_expense] => Array
        (
        )

[travel_routes] => 
    [uffi] => Array
        (
        )

[unit_1_bathrooms] => 1 Full
    [unit_1_bedrooms] => 2
    [unit_1_floor] => 1
    [unit_1_lease] => Array
        (
            [0] => Y
        )

[unit_1_levels] => 1
    [unit_1_rent] => Array
        (
        )

[unit_2_bathrooms] => 1 Full
    [unit_2_bedrooms] => 2
    [unit_2_floor] => 2
    [unit_2_lease] => Array
        (
            [0] => N
        )

[unit_2_levels] => 1
    [unit_2_rent] => Array
        (
        )

[unit_3_bathrooms] => 
    [unit_3_bedrooms] => 
    [unit_3_floor] => 
    [unit_3_lease] => Array
        (
        )

[unit_3_levels] => 
    [unit_3_rent] => Array
        (
        )

[unit_4_bathrooms] => 
    [unit_4_bedrooms] => 
    [unit_4_floor] => 
    [unit_4_lease] => Array
        (
        )

[unit_4_levels] => 
    [unit_4_rent] => Array
        (
        )

[unit_level] => 
    [unit_number] => 
    [units_owner_occupied] => 
    [unparsed] => 8 Morse Court, Manchester MA 01944
    [utilities] => Array
        (
        )

[view] => Array
        (
        )

[water] => Array
        (
            [0] => Public
        )

[water_expense] => Array
        (
        )

[water_views] => Array
        (
            [0] => Yes
        )

[water_views_features] => Array
        (
            [0] => Bay
        )

[waterfront] => 
    [waterfront_features] => Array
        (
            [0] => River
        )

[raw] => 
)

EXIT

39 More Photos