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    OFF-MARKET
    Commercial real estate

    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 Commercial real estate
    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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