Sold

284-300 Main Street

Walpole MA, 02081

$1,850,000


$328.48 per sqft

Sold

11 Beds

7 Baths

5,632 sqft

Multi-family

Built in 1965

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.

73248268

MLS ID

June 6, 2024

Listed

October 2, 2024

Updated

Map

284-300 Main Street
Walpole MA, 02081

Interior Features

Total Stories

6


Bedrooms

11


Total Bathrooms

7


Full Bathrooms

7


Interior Features

Living Room, Kitchen, Dining Room


Appliances

Microwave, Refrigerator


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Natural Gas

Exterior/Building Features

Lot Size

0.25 Acres


Lot Features

Corner Lot


Sewer

Private Sewer

Other Property Details

Taxes

$12,682


Tax Frequency

Annually


Days on Market

37


Garage

No


Parking

Off Street


Parking Total

30


View

No


County

Norfolk


Water Source

Public


Pool

No


Zoning

B

Listing History

Date

Event

Price

8/12/2024

Sold

$1,850,000

7/13/2024

Pending

6/29/2024

Under contract

 

Courtesy of Spencer Smith, Horvath & Tremblay

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Data last updated 12:56 AM UTC, 10/2/2024

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