$465,000

38 Morse Ave Ware, MA 01082

Estimated payment $2,868/month

7 Beds
4 Baths
3,384 Sq Ft
$137 Price per Sq Ft

Highlights

  • Medical Services
  • Mud Room
  • Bathtub with Shower
  • Property is near public transit and schools
  • Porch
  • Shops

About This Home

This four-family property features three 2-bedroom units and one 1-bedroom unit with a mudroom/three-season room, and all 4 units are currently occupied, providing immediate rental income. Three of the four units offer convenient washer and dryer hookups, adding appeal for tenants. Additional income potential comes from the large, fully rented garage, plus the third floor is currently rented for storage with the possibility of finishing the space for even greater revenue (buyer to perform due diligence). Situated on a dead-end street with sidewalks, off-street parking, and a large yard with perennial flowers and a stream, this property offers an attractive setting for tenants. A rare opportunity to own an income-producing property with multiple avenues for possible growth. The owner pays water/sewer, refuse removal, landscaping, snow removal, and common area electricity. Note: Additional rent is paid by tenants for the garage and 3rd-floor storage space beyond their monthly rent.

Listing Agent

Tracy LaRosa

Daisy Hill Real Estate and Rentals Listed on: 06/30/2026

Daisy Hill Real Estate and Rentals

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,277

Year Built

  • Built in 1890

Lot Details

  • 15,398 Sq Ft Lot
  • Street terminates at a dead end
  • Irregular Lot
  • Gentle Sloping Lot
  • Cleared Lot

Parking

  • 3 Car Garage
  • Common or Shared Parking
  • Shared Driveway
  • 8 Open Parking Spaces
  • Off-Street Parking

Home Design

  • Brick Foundation
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 3,384 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Mud Room
  • Combination Dining and Living Room
  • Range

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Interior Basement Entry

Utilities

  • Heating System Uses Oil
  • Separate Meters
  • Internet Available

Additional Features

  • Porch
  • Property is near public transit and schools

Listing and Financial Details

  • Rent includes unit 1(water other (see remarks)), unit 2(water other (see remarks)), unit 3(water other (see remarks)), unit 4(water other (see remarks))
  • Assessor Parcel Number M:00058 B:00000 L:00019

Community Details

Overview

  • 4 Units

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Building Details

  • Electric Expense $384
  • Water Sewer Expense $2,560
  • Operating Expense $4,924
  • Net Operating Income $44,156

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,277

Year Built

Built in 1890

Lot Details

0.35 Acres

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 4 Family
  • Year Built: 1890
  • Levels: 4
  • Year Built Details: Approximate
  • APOD AVAILABLE: Yes
  • MLSPIN_BEACHFRONT_FLAG: No
  • Special Features: None
  • Stories: 4

Interior Features

  • Flooring: Varies
  • Interior Amenities: Bathroom With Tub & Shower, Internet Available - Unknown, Ceiling Fan(s), Kitchen, Living RM/Dining RM Combo, Mudroom, Living Room
  • Fireplace YN: No
  • Appliances: None, Range, Refrigerator, Washer, Dryer
  • Total Bedrooms: 7
  • Basement YN: Yes
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Laundry Features: Washer Hookup, Dryer Hookup
  • Basement: Full, Interior Entry, Unfinished
  • Above Grade Finished Sq Ft: 3384
  • Living Area: 3384
  • Spa YN: No
  • Stories Total: 4
  • MAIN LO: AN4961

Exterior Features

  • Exterior Features: Varies per Unit
  • Construction Materials: Frame
  • Foundation Details: Stone, Brick/Mortar, Irregular
  • Home Warranty YN: No
  • Patio And Porch Features: Porch
  • Road Frontage Type: Public, Dead End
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage Spaces: 3
  • Covered Parking Spaces: 3
  • Garage YN: Yes
  • Open Parking Spaces: 8
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Shared Driveway, Off Street, Common, Paved
  • Total Parking Spaces: 11

Utilities

  • Sewer: Public Sewer
  • Utilities: Varies per Unit
  • Heating: Oil, Electric
  • Electric: Circuit Breakers, Common, Individually Metered
  • Heating YN: Yes
  • Water Source: Public
  • Hot Water: Oil, Electric, Tankless

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Medical Facility, Laundromat, House of Worship, Public School, Sidewalks
  • Rent Includes: Unit 1(Water,Other (See Remarks)), Unit 2(Water,Other (See Remarks)), Unit 3(Water,Other (See Remarks)), Unit 4(Water,Other (See Remarks))
  • Senior Community YN: No

Fee Information

  • Water Sewer Expenses: 2560

Lot Info

  • Parcel Number: M:00058 B:00000 L:00019
  • Zoning: SR
  • Farm Land Area Units: Square Feet
  • Lot Features: Cleared, Gentle Sloping
  • Lot Size Acres: 0.35
  • Lot Size Sq Ft: 15398
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 4277

Multi Family

  • Electric Expense: 384
  • Net Operating Income: 44156
  • Number Of Units Total: 4
  • Operating Expense: 4924
  • Total Actual Rent: 4090
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 4: Y
  • LEASE 3: Y
  • LEASE 2: N
  • LEASE 1: Y
  • FLRS 3: 1

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,277 $284,000 $28,500 $255,500
2024 $4,357 $266,800 $26,900 $239,900
2023 $4,182 $242,300 $25,300 $217,000
2022 $3,969 $205,200 $23,400 $181,800
2021 $3,772 $186,900 $23,400 $163,500
2020 $3,761 $182,300 $23,400 $158,900
2019 $3,684 $182,300 $23,400 $158,900
2018 $3,877 $187,200 $16,400 $170,800
2017 $3,892 $187,400 $18,800 $168,600
2016 $3,787 $187,400 $18,800 $168,600
2015 $3,682 $187,400 $18,800 $168,600
2014 $3,715 $202,900 $18,900 $184,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/30/2026 06/30/26 For Sale $465,000 +114.8% $137 / Sq Ft
08/01/2017 08/01/17 Sold $216,500 0.0% $64 / Sq Ft View Prior Sale
06/08/2017 06/08/17 Pending -- -- --
06/02/2017 06/02/17 Off Market $216,500 -- --
12/04/2016 12/04/16 For Sale $199,900 0.0% $59 / Sq Ft
06/01/2013 06/01/13 Rented $750 +25.0% --
05/07/2013 05/07/13 Rented $600 -20.0% --
05/07/2013 05/07/13 For Rent $750 0.0% --
05/02/2013 05/02/13 Under Contract -- -- --
01/08/2013 01/08/13 For Rent $750 -- --
Source: MLS Property Information Network (MLS PIN)

About the Listing Agent

Tracy LaRosa

Daisy Hill Real Estate and Rentals

(413) 393-2620

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Hi and thank you for visiting my website! I am a Massachusetts REALTOR® with Daisy Hill Real Estate & Rentals and I service all of Central Massachusetts, providing home-buyers, sellers, landlords and tenants with professional, responsive and attentive real estate services. I love all things real estate and architecture and have a love of decorating and staging homes. I pride myself on my work ethic and attention to detail, communicating thoroughly and efficiently throughout our entire time

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Source: MLS Property Information Network (MLS PIN)

MLS Number: 73543390

MLS Property Information Network (MLS PIN)
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