Sold!
$1,850,000
11
Beds
7
Baths
5,632
Living Area
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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.
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Highlights
- Cooling: Central Air
- Parking Spots: 30
- Property Type: 5-9 Family
- Year Built: 1965
- Heating: Natural Gas
- Property Class: Residential Income
- Total Rooms: 14
- Status: Closed
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Additional Details
- Appliances: Microwave, Refrigerator
- Foundation: Concrete Perimeter
- Lot Features: Corner Lot
- Total Number of Units: 7
- Year Built Source: Public Records
- Basement: Full
- Interior Features: Living Room, Kitchen, Dining Room
- Road Frontage Type: Public
- Year Built Details: Actual
- Zoning: B
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Amenities
- Community Features: Public Transportation
- Parking Features: Off Street
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Utilities
- Sewer: Private Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $708,500
- Compensation Based On: Gross/Full Sale Price
- Tax Year: 2023
- Total Rent: $9,736
- Buyer Agent Compensation: 1.5%
- Rental Fee Includes: Unit 1(Water, Hot Water), Unit 2(Water, Hot Water), Unit 3(Water, Hot Water), Unit 4(Water, Hot Water)
- Taxes: $12,682
Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of Horvath & Tremblay.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
