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16-22 East St, Ware MA 01082

$545,000

Estimated $1,172.63/month Calculator

Multi Family

Total Units: 4

Price Per Unit: $136,250

Total Rent: 38400/year

Estimated CAP Rate: 6.41%

12 Bedrooms

4 Full Baths

4,515 SqFt

Total Parking: 4

5,523 SqFt

Whether you're expanding your real estate portfolio or looking to live in one unit and rent the others; 16-22 East Street is a versatile, income-generating property you won't want to miss. A well-maintained residential multi-family property that is located in the heart of Ware! This rare offering presents an outstanding opportunity for investors or owner-occupants seeking consistent rental income and long-term value in a convenient central location; this multi-unit property features spacious apartments with solid rental history with a potential for increased cash flow. Tenants will appreciate the convenient downtown location, a close distance to local shops and services, and easy access to Route 9 and other commuter routes. Walk up attics are extra living space or great storage. Basements are private and spacious - you will not believe the space in these units!

This home has been viewed 13 times

Last Checked: June 11th, 2025 at 5:18am (Source: MLS PIN #73387206)

Gross Income: $38,400

Gross Expenses: $3,467

Net Income Calc: $34,933

CAP Rate: 6.41%

Annual Expenses for 16-22 East St, Ware MA 01082

Total Gross Expenses (Calculated)$3,467/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$3,467

Annual Income & Unit Breakdown for 16-22 East St, Ware MA 01082

Total Gross Income (Calculated)$38,400

Unit 1

Rental Income$850

LeaseY

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit3

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water), Unit 4(water)

Unit 2

Rental Income$800

LeaseY

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit3

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water), Unit 4(water)

Unit 3

Rental Income$800

LeaseY

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit3

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water), Unit 4(water)

Unit 4

Rental Income$750

LeaseY

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit3

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water), Unit 3(water), Unit 4(water)

General Information for 16-22 East St, Ware MA 01082

Listing ID73387206

Property TypeMulti Family / 4 Family

Price$545,000 ($120.71/SqFt)

Style4 Family - 4 Units Side By Side

CityWare

CountyHampshire

MLS Area

Neighborhood(s)

Approximate Living Area Total4,515 SqFt

Approximate Lot Size (Acres)0.13 acres

Total Parking4

Garage Parking

Year Built1880

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate,Renovated Since

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot FeaturesLevel

Foundation Area

Foundation DescriptionBrick/Mortar

Accessible Features

Outdoor SpaceEnclosed

ZoningI

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront Features

Energy FeaturesInsulated Windows

Terms

Disclosures for 16-22 East St, Ware MA 01082

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$38,400

Total Net Income By Broker$38,400

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

Financial Information for 16-22 East St, Ware MA 01082

Real Estate Taxes$3,467

Tax Year2025

Assessed Value$230,200

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$38,400

BostonRealEstate.com Gross Income

Total Net Income By Broker$38,400

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)6.41%

Location Information for 16-22 East St, Ware MA 01082

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesPublic School, Shopping, Park, Public Transportation, Sidewalks

Contact Information for 16-22 East St, Ware MA 01082

Agent

Name: Sara Gasparrini

MLS ID: M7000017

Office ID: AN5402

National Association ID: 452504042

Address: 192 Palmer Road

City: Monson

State: MA

Zip: 01057

Office

Name: RE/MAX Connections

MLS Office ID: AN5402

Phone: 413-596-8500

Payment Calculator

, Interest

Property Taxes 288.92

Principal & Interest 3358.12

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

RE/MAX Connections

Sara Gasparrini

Agent Phone

Office Phone

(413) 596-8500

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_details] => Approximate,Renovated Since
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    [zoning] => I
    [zoning_details] => 
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EXIT

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16-22 East St, Ware MA 01082

$545,000

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