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261 Stone Street, Walpole MA 02081

$695,000

Estimated $1,700/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $347,500

Total Rent: 46800/year

Estimated CAP Rate:

4 Bedrooms

Baths

1398

Total Parking: 4

10,890 (0.25)

Fantastic Two-Family Opportunity in Walpole's Desirable High School District! Whether you're an investor seeking strong rental income, an owner-occupant looking to offset your mortgage, or accommodating extended family, this well-maintained property offers exceptional versatility. Each unit features a living room, eat-in kitchen, two spacious bedrooms, and a full bath. Separate utilities, gas-fired FHW heating, and updated circuit breakers provide added convenience. NEW Roof, New Heating system & hot water tank 1st floor unit, Newer heating system & hot water tank 2nd floor unit. Two washers and two dryers are included. Current tenants-at-will would love to remain, offering immediate income potential. Ideally located within walking distance to Walpole Center, commuter rail, town pool, playground, library, high school athletic fields, tennis courts, and the scenic Walpole Town Forest. Don't miss this rare opportunity to own a multi-family home in a highly sought-after location

This home has been viewed 2 times

Last Checked: June 25th, 2026 at 10:43am (Source: MLS PIN #73541307)

Gross Income: $46,800

Gross Expenses: $6,878

Net Income Calc: $39,922

Water Views

Annual Expenses for 261 Stone Street, Walpole MA 02081

Total Gross Expenses (Calculated)$6,878/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax6878

Annual Income & Unit Breakdown for 261 Stone Street, Walpole MA 02081

Total Gross Income (Calculated)$46,800

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

General Information for 261 Stone Street, Walpole MA 02081

Listing ID73541307

Property TypeMulti Family / 2 Family

Price695000 ($497.14/SqFt)

Style2 Family - 2 Units Up/down

CityWalpole

CountyNorfolk

Neighborhood(s)

Approximate Living Area Total1398

Approximate Lot Size (Acres)0.25

Total Parking4

Garage Parking0

Year Built1900

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot Features

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningGR

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 261 Stone Street, Walpole MA 02081

Lead PaintNone

UFFINo

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsLighting In Loft Area

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Compensation Based On

Financial Information for 261 Stone Street, Walpole MA 02081

Real Estate Taxes6878

Tax Year2026

Assessed Value$536,100

Financial Data Source

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 261 Stone Street, Walpole MA 02081

Elementary SchoolBoyden

Middle SchoolWalpole

High SchoolWalpole

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 261 Stone Street, Walpole MA 02081

Agent

Name: Rossana Gonser

Office

Name: RE/MAX Real Estate Center

Phone: 508-668-4634

Team Members

Payment Calculator

, Interest

Property Taxes 573.17

Principal & Interest 4282.37

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

RE/MAX Real Estate Center

Rossana Gonser

Agent Phone

Office Phone

(508) 668-4634

Text Agent Call Agent Call Office

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EXIT

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