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Off market
  • $1,191,700

    7-29 Homecrest Ave, Ware, MA 01082

    24beds
    10,080sqft
    MultiFamily
    Built in 1959
    -- sqft lot
    $1,191,700 Zestimate®
    $118/sqft
    $-- HOA

    What's special

    The Homecrest Apartments feature 12 townhouse-style apartments with private entrances (no common area expense) and separate utilities paid for by the tenants. Each contiguous apartment feature first floor kitchens with oak cabinets and white appliances and living rooms with carpet or tile. The second floor features two bedrooms with ample closet space and a full-tile bathroom. Each apartment includes its own private basement with HWT and washer/dryer hookups. The complex has more than enough off-street parking for tenants and guests. Current owner has owned nearly 25 years and offers a turn-key, full occupied apartment complex with below market rents allowing investors significant upside to raise rents to $900+ market rates - Both current and proforma incomes offer investors double-digit cash-on-cash returns!

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 24
    • Bathrooms: 12
    • Full bathrooms: 12
    Interior area
    • Total interior livable area: 10,080 sqft

    Property

    Parking
    • Total spaces: 24
    Features
    • Exterior features: Shingle (Not Wood)
    Lot
    • Size: 0.64 Acres
    Details
    • Parcel number: 3418479

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Asphalt
    Condition
    • Year built: 1959

    Community & neighborhood

    Location
    • Region: Ware

    Other

    Other facts
    • Basement Feature: Full
    • Construction: Frame
    • Foundation: Poured Concrete
    • Hot Water: Electric
    • Lot Description: Paved Drive, Wooded, Corner
    • Road Type: Public
    • Roof Material: Asphalt/Fiberglass Shingles, Wood Shingles
    • Amenities: Shopping, Park, Highway Access, Public School
    • Exterior: Clapboard, Shingles
    • Apod Available: Yes
    • Mf Type: 5+ Family - 5+ Units Side By Side
    • Rms Common: Other (see Remarks)
    Services availability
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    An equal housing lender. NMLS #10287.