**Attention investors, contractors, and buyers looking for a value-add opportunity!** This three-family property, located in an established residential neighborhood in Ware, offers immediate rental income potential along with an opportunity to build additional value. Two units are finished, with one currently occupied under a lease and the other vacant, clean, and ready for its next tenant. The basement unit has been completely gutted to the studs, providing a blank canvas for renovation and customization. Public records indicate two bedrooms for each unit (including the basement); however, the Cape-style layouts of the upper floor of Units 1 and 2 offer flexible space with potential for additional bedrooms. Each unit features electric heat and its own electric hot water heater. Additional features include some hardwood flooring, basement washer/dryer hookups, and a roof replaced in 2021. Whether you're looking to expand your rental portfolio, take on a renovation project, or maximize a property's income potential, this is an opportunity worth exploring. **Best suited for cash buyers or renovation financing.** Bring your vision, your contractor, and your calculator! This is a limited time opportunity.
This home has been viewed 23 times
Last Checked: October 17th, 2026 at 5:33am (Source: MLS PIN #73589733)
Gross Income: $15,600
Gross Expenses: $6,025
Net Income Calc: $9,575
Water Views
Annual Expenses for 5-7 Bellevue Ave, Ware MA 01082
Total Gross Expenses (Calculated)$6,025/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax4285
Annual Income & Unit Breakdown for 5-7 Bellevue Ave, Ware MA 01082
Total Gross Income (Calculated)$15,600
Unit 1
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit2
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseY
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit2
Rent IncludesHeat
Unit 3
Rental Income$0
Lease
Bedrooms2
Bathrooms1 Full
Floor0
Levels in Unit1
Rent IncludesHeat
General Information for 5-7 Bellevue Ave, Ware MA 01082
Listing ID73589733
Property TypeMulti Family / 3 Family
Price325000 ($232.14/SqFt)
Style3 Family
CityWare
CountyHampshire
Neighborhood(s)
Approximate Living Area Total1400
Approximate Lot Size (Acres)0.16
Total Parking5
Garage Parking0
Year Built1940
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor Space
ZoningDTR
Water ViewsNo
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 5-7 Bellevue Ave, Ware MA 01082
Lead PaintNone
UFFI
Living Area Includes BasementYes
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsWasher & Dryer Units On 2nd & 3rd Floors Excluded.
Financial Data SourceEstimated
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 5-7 Bellevue Ave, Ware MA 01082
Real Estate Taxes4285
Tax Year2026
Assessed Value$295,700
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 5-7 Bellevue Ave, Ware MA 01082
Elementary SchoolPer Boe
Middle SchoolPer Boe
High SchoolPer Boe
Neighborhood(s)
Area Amenities
Contact Information for 5-7 Bellevue Ave, Ware MA 01082