Two-Family Residential Income
22 Vigeant Street Ware, MA 01082
22 Vigeant Street, Ware, MA, 01082
$239,900
For Sale
$239,900
Two-family home with both units currently rented, offering income while the second floor requires renovation.
Property Size1,417 SF
Price / SF$169.30
Days on Market134
Property Features for 22 Vigeant Street
General Information
- Standard status
- Active
- Size
- 1,417 SF
- Property subtype
- Multi-family / 2 Family - 2 Units Up/Down
Building Details
- Year Built
- 1880
Listing agency
LPT Realty, LLC
(877) 366-2213
Listed by
Best of Boston Living Team
(877) 366-2213
Source
Compass
Added: Mar 12 Updated: Jul 22 at 9:04PM Checked: Jul 22 at 9:04PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LPT Realty, LLC
Investment Insights
Based on property information with market context.
This two-family residential income property is configured as a first and second floor unit, with both floors currently rented. The second floor will require extensive renovation and updating, while the home is described as having solid structure.
The property is located in Ware, Massachusetts at 22 Vigeant Street. Public remarks indicate it is two blocks from downtown amenities and one block from a nearby dog park.
Offered for sale as a duplex-style, income-producing home with an opportunity for a buyer to address needed interior updates, particularly on the second-floor unit.
The property is located in Ware, Massachusetts at 22 Vigeant Street. Public remarks indicate it is two blocks from downtown amenities and one block from a nearby dog park.
Offered for sale as a duplex-style, income-producing home with an opportunity for a buyer to address needed interior updates, particularly on the second-floor unit.
Key Highlights
- Solid 2‑family home with both first and second floors currently rented
- 2 full bathrooms total; living room and kitchen included
- Interior flooring: wood and vinyl (varies throughout)
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $30.6k | $21.60 |
| − Vacancy | −$1.4k | −$0.96 |
| EGI | $29.2k | $20.64 |
| − OpEx | −$8.8k | −$6.19 |
| NOI | $20.5k | $14.45 |
1,417 SF · lease $21.60/SF/yr · vacancy 4.46% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$292.4K
$255.9K – $341.2K
NOI $20,469 @ 7.0% cap · market cap 8.53%
Second Best
Apartment 5plus
$267.4K
$234.0K – $312.0K
NOI $18,717 @ 7.0% cap · market cap 7.80%
Theoretical Best
Office A
$862.9K
$755.1K – $1.01M
NOI $60,405 @ 7.0% cap · market cap 25.18%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Two-family home with both units currently rented, offering income while the second floor requires renovation.
Where is this duplex located?
The property is located at 22 Vigeant Street Ware, MA.
What is the asking price?
The asking price for this property is $239,900.
What are key features of this property?
This property features: Solid 2‑family home with both first and second floors currently rented; 2 full bathrooms total; living room and kitchen included; Interior flooring: wood and vinyl (varies throughout)
