NOT LISTED FOR SALE

5 Wareham St Middleboro, MA 02346

6 Beds
5 Baths
6,694 Sq Ft
0.25 Acres

Last Sold December 28, 2021

Last sale price $560,000 $84 Per Sq Ft

24 Days on Market

About This Home

As of December 2021

*INVESTORS take notice!! This unique property located in the BUSINESS DISTRICT of uptown Middleboro has a TON of potential!! ALL town utilities, water, sewer, & gas. ALL occupied units are UNDER market rents. Driveway runs in the middle of both building with ON SITE PARKING for 8+ vehicles & town owned parking across the street. In BUILDING #5 (left) you'll find 3 store fronts consisting of 886 sq ft total, each have their own restrooms. There are two, 3 bed 1 bath deleaded apartments, first floor is 1032sq ft, second floor is 1026sq ft and has washer & dryer hook up in unit. Heat & electric are separate, all tenants pay their own utilities. Exterior basement access. BUILDING #7 (right) consists of 100'x25' foot print, 2500sq ft on the first floor and 1250 sq ft on the second. You'll find 6 rooms & 2 bathrooms on the first floor, 6 heating systems and 4-5 electrical meters in the basement. Rehab this property with commercial on 1st floor & residential upstairs!

Last Agent to Sell the Property

Chelsea McLaughlin

RE/MAX Legacy Listed on: 10/25/2021

Last Buyer's Agent

Butch Wilson

Trufant Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • 1900

Lot Details

  • 0.25

Additional Features

  • Property has 1 Level
  • 5 Heating Zones

Property Details

Home Type

Multi-Family

Year Built

1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5-9 Family
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Directions: GPS- Park in town parking lot across street
  • Garage Yn: No
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Year Built Details: Actual,Renovated Since
  • Special Features: None
  • Year Built: 1900

Interior Features

  • Appliances: Unit 1(Range,Refrigerator), Unit 2(Range,Refrigerator,Washer,Dryer), Utility Connections for Gas Range, Utility Connections for Electric Dryer
  • Has Basement: Full
  • Total Bathrooms: 3.5
  • MAIN LO: AN5391
  • LIST PRICE PER Sq Ft: 97.09
  • PRICE PER Sq Ft: 83.66
  • MAIN SO: A09001
  • Full Bathrooms: 2
  • Half Bathrooms: 3
  • Total Bedrooms: 6
  • Fireplace: No
  • Interior Amenities: Unit 1(Lead Certification Available), Unit 2(Lead Certification Available), Unit 1 Rooms(Living Room,Kitchen), Unit 2 Rooms(Living Room,Kitchen), Unit 3 Rooms(Other (See Remarks)), Unit 4 Rooms(Other (See Remarks))
  • Stories: 6

Exterior Features

  • Roof: Shingle
  • Foundation Details: Irregular
  • Disclosures: Two Buildings On One Non Conforming Lot- Bld #7 Has Fire/Water Damage, Power Off From Town However Still Able To View- Water Supply For Bld 7 Runs Thru Bld 5 & Under Driveway- Seller/Broker Make No Warranties Or Representations. Buyer/Agent To Do Own Due Diligence. Wont Pass Traditional Financing.
  • Exclusions: Tenant's Personal Property- Owner's Personal Property, Bld 7 Will Be Cleaned Out- Lift Is Negotiable
  • Fencing: Fenced/Enclosed
  • Lot Features: Level
  • Waterfront: No

Garage/Parking

  • Parking Features: Paved Drive, Shared Driveway, Off Street, Paved
  • Open Parking: Yes
  • Total Parking Spaces: 8

Utilities

  • Heating: Unit 1(Forced Air,Gas), Unit 2(Forced Air,Gas), Unit 3(Gas), Unit 4(Gas)
  • HEAT UNITS: 5
  • HEAT ZONES: 5
  • Heating Yn: Yes
  • Laundry Features: Washer Hookup, Unit 2 Laundry Room
  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Dryer, Washer Hookup
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Laundromat, Highway Access, House of Worship, Public School, T-Station, Sidewalks
  • HOA Rent Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water), Unit 4(Water)

Fee Information

  • Annual Water Sewer Expense: 1328

Lot Info

  • LOT SIZE: 10890
  • PAGE: 0
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 10890
  • Zoning: B

Multi Family

  • LEVELS 1: 1
  • LEVELS 4: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 4: 1
  • FLRS 3: 1
  • FLRS 2: 2
  • Annual Gross Income: 41100
  • Insurance Expense: 4055
  • Property Net Operating Income: 41100
  • Number Of Units Total: 5
  • Annual Operating Expense: 8063
  • Total Actual Rent: 3425

Tax Info

  • Tax Annual Amount: 6833.4
  • Tax Book Number: 0
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2021
Closed on
Nov 29, 2021
Sold by
Bertrand Raymond D
Bought by
Pinnacle Prop Invs Llc
Seller's Agent
Chelsea McLaughlin
RE/MAX Legacy
Buyer's Agent
Butch Wilson
Trufant Real Estate
List Price
$649,900
Sold Price
$560,000
Premium/Discount to List
-$89,900
-13.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Outstanding Balance
$695,760
Interest Rate
2.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 26, 2007
Sold by
Bertrand Raymond D and Rousseau Michael G
Bought by
Bertrand Raymond D
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Pinnacle Prop Invs Llc $560,000 None Available
Bertrand Raymond D $187,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pinnacle Prop Invs Llc $750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2021 12/28/21 Sold $560,000 -13.8% $84 / Sq Ft
11/19/2021 11/19/21 Pending -- -- --
10/25/2021 10/25/21 For Sale $649,900 -- $97 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

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 -- $544,800 $153,100 $391,700
2024 -- $544,800 $153,100 $391,700
2023 $0 $526,400 $123,400 $403,000
2022 $0 $422,300 $123,400 $298,900
2021 $0 $420,000 $94,700 $325,300
2020 $0 $420,000 $94,700 $325,300
2019 $7,062 $420,000 $94,700 $325,300
2018 $0 $420,000 $94,700 $325,300
2017 -- $420,000 $94,700 $325,300
2016 -- $402,900 $94,700 $308,200
2015 -- $411,100 $102,900 $308,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72912339

MLS Property Information Network (MLS PIN)

APN: MIDD-000050P-006264