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3 Days on market
704 Belchertown Rd Ware — Photo 1 of 16

704 Belchertown Rd Ware — Photo 1 of 16

$620,000

Investment Analysis — 704 Belchertown Rd

Ware, MA 01082

Based on HUD Small Area Fair Market Rent for Amherst Town-Northampton, MA MSA, a 3-unit multi-family in 01082 carries an estimated $5,490/mo in gross rent — about a 7.02% cap rate and $43,531/yr in estimated NOI at the $620,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

7

Baths

3

SqFt

3,048

Style

3 Family

Built

1989

Lookinf for a(n) INVESTMENT or EXTENDED FAMILY OPPORTUNITY!? This well-positioned three-family property offers the perfect combination of income potential, flexible living space, and over an acre of land in a beautiful Ware location near the Belchertown line and across from the Quabbin Reservoir. The property features three separate units, offering a total of 6 bedrooms and 3 full bathrooms. Two first-floor units offer two bedrooms each, while the spacious upper-level unit features two bedrooms, a kitchen/dining area, a living room with vaulted ceiling, and an additional third-floor loft and storage space. Each unit offers its own laundry area, separate electric metering, and individual heating, providing convenience for both residents and ownership. The property also features a newer septic system, ample paved/off-street parking, a large level yard, deck, and an oversized storage shed for additional storage. Set on approximately 1.38 acres, the expansive grounds provide plenty of room to enjoy the outdoors while offering the flexibility and privacy that are difficult to find in a multifamily property. The location is convenient to area amenities, major routes, conservation areas, and the natural beauty surrounding the Quabbin Reservoir. Whether you're looking to expand your investment portfolio, house-hack while generating rental income, or own a multifamily property with substantial land, this property offers a variety of possibilities. A rare opportunity to own a three-family with generous acreage in a desirable Ware location! (Limited pics at seller request for privacy protection)

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Property Details

Financials

Original Price$620,000
Annual Taxes$6,538

Parking

Garage0
Off-Street6

Interior Specifications

Total Rooms13
FireplacesNone
Flooring--
BasementNone

Climate & Utilities

HeatingOil
Cooling--
WaterPrivate
SewerPrivate Sewer, Other

Building & Exterior

Construction--
RoofShingle
FoundationConcrete Perimeter
ZoningRR

Property & Lot

Acres1.38
SqFt Lot60,000
Lot FeaturesCleared, Level

Geography

Listing Provided By

Listing Agent: Bessie Coutu

Listing Office: Real Estate Exchange

MLS® Number: 73579314