284-300Main 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 with5, 632square feet of living area in10, 880square 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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The average household income in
Walpole, MA
grew
from
$76,464
to
$77,961
in the past year. This data is an estimate based upon
2,441
households in
Walpole, MA. The chart below presents how household income is distributed in
Walpole, MA
in comparison to the revenue allocation amid households nationally.
Property Taxes
Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows
distribution of property taxes in
Walpole, MA
compared to median property taxes around the country. The prevalent amount of property taxes in
Walpole, MA
equals
$3k+
, which is
more
than the national average.