NOT LISTED FOR SALE

155 Onset Ave Wareham, MA 02532

12 Beds
6 Baths
4,916 Sq Ft
4,356 Sq Ft Lot

Last Sold July 25, 2022

Last sale price $1,400,000 $285 Per Sq Ft

32 Days on Market

Highlights

  • Marina
  • Medical Services
  • Open Floorplan
  • Golf Course Community
  • Waterfront
  • Landscaped Professionally

About This Home

As of July 2022

Attention investors looking for cash flow!! Don’t miss this completely renovated (inside and out), fully-leased, five-unit, multi-family property located in Wareham. The building consists of three 3-bedroom units, one 2-bedroom unit, and one 1-bedroom unit. Upgrades include all new: kitchens (wood cabinets, granite countertops, stainless steel appliances, sinks, fixtures), bathrooms (showers/tubs, toilets, vanities), flooring, lighting, painting, roof (2018), a fully-integrated hard-wired fire alarm system, a hardscaped walkway & common patio area, and much more. It’s only a block from the beach and a short walk to Onset Village. All units have been de-leaded (certificates available). Long-term leases in place (for each unit). Income statements are available upon request. Serious inquiries only. Due to all units being occupied, a minimum of 24-hours notice is required for all showings. By appointment only!

Last Agent to Sell the Property

Matt Winterle

LAER Realty Partners/LAER LUX Listed on: 04/20/2022

LAER Realty Partners/LAER LUX

Last Buyer's Agent

Matt Winterle

LAER Realty Partners/LAER LUX Listed on: 04/20/2022

LAER Realty Partners/LAER LUX

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,492

Year Built

  • Built in 1900

Lot Details

  • 4,418 Sq Ft Lot
  • Waterfront
  • Landscaped Professionally
  • Level Lot
  • Cleared Lot

Parking

  • Open Parking

Home Design

  • Block Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 4,916 Sq Ft Home
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Insulated Windows
  • Window Screens
  • Combination Dining and Living Room
  • Unfinished Basement
  • Partial Basement
  • Washer and Dryer Hookup

Kitchen

  • Oven
  • Microwave
  • ENERGY STAR Qualified Refrigerator
  • ENERGY STAR Qualified Dishwasher
  • ENERGY STAR Cooktop
  • Solid Surface Countertops

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Full Bathrooms

Home Security

  • Home Security System
  • Storm Doors

Outdoor Features

  • Walking Distance to Water
  • Balcony
  • Patio
  • Rain Gutters
  • Porch

Utilities

  • Window Unit Cooling System
  • 8 Heating Zones
  • Heating System Uses Natural Gas
  • Baseboard Heating
  • High Speed Internet

Additional Features

  • Energy-Efficient Thermostat
  • Property is near public transit and schools

Listing and Financial Details

  • Total Actual Rent $12,420
  • Rent includes unit 1(water), unit 2(water), unit 3(water), unit 4(water)
  • Tax Lot 00114
  • Assessor Parcel Number M:00002 B:000 L:00114,1175883

Community Details

Overview

  • 5 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Marina
  • Golf Course Community
  • Jogging Path

Building Details

  • Operating Expense $27,590
  • Net Operating Income $113,998

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,492

Year Built

Built in 1900

Lot Details

4,418 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5+ Family - 5+ Units Up/Down
  • Year Built: 1900
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Year Round: Yes
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 7

Interior Features

  • Flooring: Varies, Hardwood, Vinyl / VCT, Tile
  • Interior Amenities: Remodeled, Lead Certification Available, Stone/Granite/Solid Counters, Upgraded Cabinets, Upgraded Countertops, Open Floorplan, Internet Available - Broadband, Ceiling Fan(s), Cathedral/Vaulted Ceilings, Smart Thermostat, Living Room, Kitchen, Laundry Room, Living RM/Dining RM Combo, Dining Room
  • Door Features: Storm Door(s)
  • Fireplace YN: No
  • Appliances: ENERGY STAR Qualified Refrigerator, Range, Oven, Microwave, ENERGY STAR Qualified Dishwasher, Rangetop - ENERGY STAR
  • Total Bedrooms: 12
  • Full Bathrooms: 6
  • Total Bathrooms: 6
  • Laundry Features: Washer Hookup, Dryer Hookup, Washer & Dryer Hookup, Electric Dryer Hookup
  • Basement: Partial, Unfinished
  • Living Area: 4916
  • Spa YN: No
  • Stories Total: 7
  • Window Features: Skylight(s), Insulated Windows, Screens
  • MAIN LO: AN1199
  • MAIN SO: AN1199

Exterior Features

  • Exterior Features: Balcony/Deck, Rain Gutters, Professional Landscaping
  • Construction Materials: Frame
  • Foundation Details: Block
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Patio
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront Features: Beach Front, Bay, Ocean, Walk to, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup
  • Cooling: Window Unit(s)
  • Heating: Natural Gas, Baseboard
  • Cooling Y N: Yes
  • Heating YN: Yes
  • Security Features: Security System
  • Water Source: Public
  • HEAT UNITS: 5
  • HEAT ZONES: 8
  • COOLING ZONES: 0
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Highway Access, House of Worship, Marina, Private School, Public School, Sidewalks
  • Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:00002 B:000 L:00114,1175883
  • Zoning: OVC
  • Farm Land Area Units: Square Feet
  • Lot Features: Cleared, Level
  • Lot Size Acres: 0.1
  • Lot Size Sq Ft: 4418
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Green Features

  • Green Energy Efficient: Thermostat

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5492
  • Tax Block: 000
  • Tax Lot: 00114

Multi Family

  • Net Operating Income: 113998
  • Number Of Units Total: 5
  • Operating Expense: 27590
  • Total Actual Rent: 12420
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 4: Y
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: Y
  • FLRS 3: 2
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Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/25/2022 07/25/22 Sold $1,400,000 -17.6% $285 / Sq Ft
05/23/2022 05/23/22 Pending -- -- --
04/20/2022 04/20/22 For Sale $1,699,900 +300.0% $346 / Sq Ft
09/03/2020 09/03/20 Sold $425,000 -29.0% $86 / Sq Ft View Prior Sale
06/14/2020 06/14/20 Pending -- -- --
02/21/2020 02/21/20 For Sale $599,000 -- $122 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $13,982 $1,273,400 $230,000 $1,043,400
2024 $12,058 $1,032,400 $174,900 $857,500
2023 $5,492 $449,800 $127,200 $322,600
2022 $5,492 $403,200 $190,800 $212,400
2021 $6,210 $443,600 $190,800 $252,800
2020 $6,082 $443,600 $190,800 $252,800
2019 $5,583 $411,700 $181,500 $230,200
2018 $5,780 $411,700 $181,500 $230,200
2017 $5,749 $411,200 $181,500 $229,700
2016 $5,471 $388,300 $158,600 $229,700
2015 $5,320 $388,300 $158,600 $229,700
2014 $4,327 $325,600 $135,900 $189,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72968556

MLS Property Information Network (MLS PIN)
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