Walpole, MA 02081,284-300 Main Street
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Walpole, MA 02081,284-300 Main Street
Walpole, MA 02081,284-300 Main Street
Walpole, MA 02081,284-300 Main Street
Walpole, MA 02081,284-300 Main Street

$1,850,000

Est. payment /mo

$2,300,000

19.6%
Est.Price: ?

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284-300 Main Street Walpole, MA 02081

11 Beds

7 Baths

5,632 SqFt

SOLD DATE : 08/08/2024

Key Details

Sold Price $1,850,000

Property Type Multi-Family

Sub Type 5-9 Family

Listing Status Sold

Purchase Type For Sale

Square Footage 5,632 sqft

Price per Sqft $328

MLS Listing ID 73248268

Sold Date 08/08/24

Bedrooms 11

Full Baths 7

Year Built 1965

Annual Tax Amount $12,682

Tax Year 2023

Lot Size 10,890 Sqft

Acres 0.25

Property Description

284-300 Main Street in Walpole, Massachusetts.The three-story building contains seven (7) residential units comprised of four (4), 2-Bedroom/1Bathroom units and three (3), 1-Bedroom/1-Bathroom units with 5,632 square feet of living area in 10,880 square feet of total area on a 0.36-acre parcel of land. In-place rents are significantly below the current market rent for comparable units in the market, offering the Buyer the potential to raise rents and increase current revenue.The building also offers significant upside through the build-out of the third floor. Currently vacant and stripped to the floorboards and rafters, the third floor offers the opportunity to add additional residential units. There are plans in place to add additional units: up to four (4)1-Bedroom/1-Bathroom units or two (2), 2-Bedroom/1-Bathroom units.

Location

State MA

County Norfolk

Zoning B

Direction The Property benefits from commuter rail service on the MBTA’s Franklin/Foxboro Line.

Rooms

Basement Full

Interior

Interior Features Living Room, Kitchen, Dining Room

Heating Natural Gas

Cooling Central Air

Appliance Microwave, Refrigerator

Exterior

Community Features Public Transportation

Total Parking Spaces 30

Garage No

Building

Lot Description Corner Lot

Story 6

Foundation Concrete Perimeter

Sewer Private Sewer

Water Public

Others

Senior Community false

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Listed by Horvath & Tremblay
Bought with Spencer Smith • Horvath & Tremblay

Don Minchello

+1(508) 446-0006

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