NOT LISTED FOR SALE

1185 Main St Walpole, MA 02081

7 Beds
6.5 Baths
5,452 Sq Ft
0.5 Acres

Last Sold May 25, 2022

Last sale price $1,025,000 $188 Per Sq Ft

4 Days on Market

Highlights

  • Golf Course Community
  • Property is near public transit
  • Community Pool
  • Elm Street School Rated A-
  • 7 Fireplaces
  • Jogging Path

About This Home

As of May 2022

Don't Miss This Excellent Investment Opportunity! 6 unit apartment building situated just outside the center of town consists of one 2BR and five big 1BR apartments. This property features vinyl siding, insulated windows, newer high efficiency heating system and hot water heater and updated electric individually metered for each unit. On site laundry facilities provided in the basement for the tenants. There is a parking lot in addition to a driveway with ample parking for tenants and guests. Conveniently located close to town, shopping, T Station and highway.

Last Listed By

Rossana Gonser

RE/MAX Real Estate Center Listed on: 04/17/2022

RE/MAX Real Estate Center

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,411

Year Built

  • Built in 1820

Lot Details

  • 0.5 Acre Lot
  • Cleared Lot

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 5,452 Sq Ft Home
  • 7 Fireplaces
  • Dishwasher

Bedrooms and Bathrooms

  • 7 Bedrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Block Basement Construction

Parking

  • 16 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Elm Street Elementary School
  • Johnson Middle School
  • Walpole High School

Utilities

  • No Cooling
  • 7 Heating Zones
  • Heating Available
  • Gas Water Heater

Listing and Financial Details

  • Total Actual Rent $4,060
  • Rent includes unit 1(heat water), unit 2(heat water), unit 3(heat water), unit 4(heat water)
  • Assessor Parcel Number 249529

Community Details

Overview

  • 6 Units
  • Property has 2 Levels

Recreation

  • Golf Course Community
  • Community Pool
  • Park
  • Jogging Path

Additional Features

  • Shops
  • Net Operating Income $48,720

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,411

Year Built

Built in 1820

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5-9 Family
  • Year Built: 1820
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Transaction Broker: 2
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Stories: 7

Interior Features

  • Flooring: Unit 1(undefined), Unit 2(Hardwood Floors), Unit 3(Hardwood Floors)
  • Interior Amenities: Unit 1(Bathroom With Tub & Shower), Unit 2(Bathroom With Tub & Shower), Unit 3(Bathroom With Tub & Shower), Unit 4(Bathroom With Tub & Shower), Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen), Unit 3 Rooms(Living Room,Kitchen), Unit 4 Rooms(Living Room,Kitchen)
  • Fireplace YN: Yes
  • Fireplaces: 7
  • Appliances: Unit 1(Range,Dishwasher,Refrigerator), Unit 2(Range,Dishwasher,Refrigerator), Unit 3(Range,Dishwasher,Refrigerator), Unit 4(Range,Dishwasher,Refrigerator), Gas Water Heater, Utility Connections for Electric Range
  • Total Bedrooms: 7
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bathrooms: 7
  • Total Bathrooms: 6.5
  • Basement: Full, Walk-Out Access, Interior Entry, Concrete
  • Living Area: 5452
  • Stories Total: 7
  • MAIN LO: BB0125
  • LIST PRICE PER Sq Ft: 182.5
  • PRICE PER Sq Ft: 188
  • MAIN SO: BB0125

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 16

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range
  • Cooling: Unit 1(None), Unit 2(None), Unit 3(None), Unit 4(None)
  • Heating: Unit 1(Gas), Unit 2(Gas), Unit 3(Gas), Unit 4(Gas)
  • Cooling Y N: No
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT ZONES: 7

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Pool, Park, Walk/Jog Trails, Golf, Highway Access, Private School, Public School
  • Rent Includes: Unit 1(Heat,Water), Unit 2(Heat,Water), Unit 3(Heat,Water), Unit 4(Heat,Water)

Lot Info

  • Parcel Number: 249529
  • Zoning: RES
  • Farm Land Area Units: Square Feet
  • Lot Features: Cleared
  • Lot Size Acres: 0.5
  • Lot Size Area: 0.5
  • Lot Size Sq Ft: 21780
  • Lot Size Units: Acres
  • LOT SIZE: 21946
  • PAGE: 519

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 9410.57
  • Tax Book Number: 31341

Multi Family

  • Gross Income: 48720
  • Net Operating Income: 48720
  • Number Of Units Total: 6
  • Total Actual Rent: 4060
  • LEVELS 1: 2
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 4: 2
  • FLRS 3: 2
  • FLRS 2: 1

MLS Schools

  • High School: Walpole Hs
  • Elementary School: Elm Street
  • Middle Or Junior School: Johnson Ms

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2022 05/25/22 Sold $1,025,000 +3.0% $188 / Sq Ft
04/22/2022 04/22/22 Pending -- -- --
04/17/2022 04/17/22 For Sale $995,000 +64.5% $183 / Sq Ft
05/17/2013 05/17/13 Sold $605,000 -3.2% $110 / Sq Ft
04/17/2013 04/17/13 Pending -- -- --
01/16/2013 01/16/13 For Sale $625,000 -- $113 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72967401

MLS Property Information Network (MLS PIN)