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Property profile & analytics
OFF-MARKET
Apartment buildings

120 North St Ware, MA 01082

1,980 SF 0.23 ac lot Built 1890
Property ID
US38-0639298
Property summary
AI-generated overview

This exceptional investment opportunity presents a charming two-unit apartment building located at 120R North St, Ware, MA 01082. Situated on a 0.23-acre lot, this 1,980 square foot property boasts a desirable DTR zoning designation. The building, constructed in 1890, is a two-story structure offering two distinct rental units. Unit 1, featuring four bedrooms, is heated by oil. Unit 2, a three-bedroom unit, utilizes electric heat and is currently vacant, presenting an immediate opportunity for owner occupancy or increased rental income. The property enjoys a peaceful setting, tucked away on a private driveway minimizing street traffic. The current rental income generates $3,200 annually. This property is part of a larger portfolio, and the seller is open to considering offers involving the purchase of multiple properties within the portfolio (up to six properties total). This presents a unique opportunity for investors seeking to expand their holdings in a desirable location. The property's location in Ware, Hampshire County, Massachusetts, offers convenient access to local amenities and services. This is an excellent opportunity for both seasoned investors and those seeking a hands-on approach to real estate investment.

Property profile
Verified
Property type Apartment buildings
Year built 1890
Total area 1,980 SF
Lot 0.23 ac (10,019 SF)
UPID US38-0639298
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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