NOT LISTED FOR SALE

5 Wareham St Middleboro, MA 02346

6 Beds
5 Baths
6,694 Sq Ft
0.25 Acres Lot

Sale Details

Date 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

0.25 Acres

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
  • MAIN LO: AN5391
  • 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
  • Farm Land Area Units: Square Feet
  • Lot Size Sq Ft: 10890
  • Zoning: B

Multi Family

  • LEVELS 1: 1
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: Y
  • FLRS 3: 1
  • 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
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
$678,411
Interest Rate
2.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 26, 2007
Sold by
Bertrand Raymond and Rousseau Michael G
Bought by
Bertrand Raymond
Source: Public Records
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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 $187,500 --
Bertrand Raymond D $187,500 --
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 List to Sale Price per Sq Ft
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

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

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