38-40 Morse Ave Ware MA 01082 MLS #73543390

38-40 Morse Ave
Ware, MA, 01082
$465,000
7 Beds
4 Baths
3,384 SqFt
0.35 Acres
$465,000
38-40 Morse Ave
Ware, MA, 01082
MLS #73543390 image #0
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.

Property Details

Price:
$465,000
MLS #:
73543390
Status:
Active
Beds:
7
Baths:
4
Type:
Multi Family
Subtype:
4 Family
Listed Date:
Jun 30, 2026
Finished Sq Ft:
3,384
Total Sq Ft:
3,384
Lot Size:
15,398 sqft / 0.35 acres (approx)
Year Built:
1890
Units:
4

Schools

Interior

Above Grade Finished Area
3384
Appliances
None, Range, Refrigerator, Washer, Dryer
Bathrooms
4 Full Bathrooms
Flooring
Varies
Heating
Oil, Electric
Interior Features
Bathroom With Tub & Shower, Internet Available – Unknown, Ceiling Fan(s), Kitchen, Living RM/Dining RM Combo, Mudroom, Living Room
Laundry Features
Washer Hookup, Dryer Hookup
Levels
4

Exterior

Community Features
Public Transportation, Shopping, Medical Facility, Laundromat, House of Worship, Public School, Sidewalks
Construction Materials
Frame
Covered Spaces
3
Exterior Features
Varies per Unit
Garage Spaces
3
Lot Features
Cleared, Gentle Sloping
Open Parking Spaces
8
Open Parking YN
1
Parking Features
Paved Drive, Shared Driveway, Off Street, Common, Paved
Parking Spots
11
Parking Total
11
Patio And Porch Features
Porch
Roof
Shingle
Stories
4

Financial

Net Operating Income
$44,156
Tax Year
2025
Taxes
$4,277
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Marie Andrews

Marie Andrews

RealtorĀ®, Broker/Owner, GBREB, Notary Public

Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…

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Map

Current real estate data for Multi Family in Ware as of Jul 18, 2026
8
Multi Family Listed
83
Avg DOM
119
Avg $ / SqFt
$400,525
Avg List Price

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Property Summary

    38-40 Morse Ave Ware MA is a Multi Family for sale in Ware, MA, 01082. It is listed for $465,000 To schedule a showing of MLS#73543390 at 38-40 Morse Ave in Ware, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
38-40 Morse Ave
Ware, MA