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38-40 Morse Ave, Ware MA 01082

Ware, MA 01082
$465,000
Est. $2,908/month
7
Beds
4
Baths
3,384
Sq Ft
$137
Price/Sq Ft
0.35
Acres
1890
Year Built
13 hours 14 minutes
Time on Market
Active Listed Jun 30, 2026 • MLS# 73543390 Copied!

About this home

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.

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Property Overview

Property Type
4 Family
Listing Type
For Sale
Year Built
1890
Bedrooms
7
Full Bathrooms
4
Living Area
3,384 sq ft
Total Rooms
16
Stories
4
Levels
4

Facts & Features

3 Car Garage

Home Facts

Type Residential Income
Style 4 Family
Year Built 1890
Living Area 3,384 sq ft
Lot Size 0.35 acres
Bedrooms 7
Full Baths 4
Total Rooms 16

Interior

Heating Oil, Electric
Cooling None
Flooring Varies
Appliances None, Range, Refrigerator, Washer, Dryer
Fireplace None
Basement Full, Interior Entry, Unfinished
Laundry Washer Hookup, Dryer Hookup
Features Bathroom With Tub & Shower, Internet Available - Unknown, Ceiling Fan(s), Kitchen, Living Rm/dining Rm Combo, Mudroom, Living Room

Exterior

Construction Frame
Architecture None
Roof Shingle
Features Varies Per Unit
Pool None
Spa None
Fencing None
Patio/Porch Porch

Parking

Garage Spaces 3
Has Garage Yes
Features Paved Drive, Shared Driveway, Off Street, Common, Paved
Total Spaces 11

Utilities

Electric Circuit Breakers, Common, Individually Metered
Water Public
Sewer Public Sewer
Gas None
Other Varies Per Unit

Financial

Annual Tax $4,277
Assessed Value $284,000

Interior Features

Flooring: Varies
Appliances: None, Range, Refrigerator, Washer, Dryer
Interior Features: Bathroom With Tub & Shower, Internet Available - Unknown, Ceiling Fan(s), Kitchen, Living RM/Dining RM Combo, Mudroom, Living Room
Windows:
Basement: Full, Interior Entry, Unfinished
Laundry: Washer Hookup, Dryer Hookup
Security:

Construction & Materials

Year Built: 1890
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Stone, Brick/Mortar, Irregular
Stories: 4

Heating, Cooling & Utilities

Heating: Oil, Electric
Cooling:
Hot Water: Oil, Electric, Tankless
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Varies per Unit
Patio & Porch: Porch
Fencing:
Other Structures:
Lot Features: Cleared, Gentle Sloping
Road Surface: Paved

Parking & Garage

Garage Spaces: 3
Total Parking Spaces: 11
Parking Features: Paved Drive, Shared Driveway, Off Street, Common, Paved

Location

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Neighborhood

38-40 Morse Ave, Ware MA 01082

Ware, MA 01082

Walkability

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School District
Ware School District local
D
School Safety 2024-25
5.6% Above Average
2.9% Suspensions 4.8% In-School 2.7% Emergency
0.1% above state avg
E

Elementary Schools

3 schools
B-
Stanley M Koziol Elementary School
1.7 mi | #475 of 824 | Score: 45.4
Improved 108 spots from last year
-12.8 below state avg
396 students Moderate
Rising School
Grades PK-03
St. Thomas Aquinas School
3.2 mi
Grades K-12
Quaboag Integrated Preschool
3.4 mi
53 students Moderate
Grades PK
M

Middle Schools

2 schools
C-
Ware Middle School
1.8 mi | #742 of 824 | Score: 33.1
Dropped 79 spots from last year
-25.1 below state avg
261 students Moderate
Grades 04-06
D
Quaboag Regional Middle Innovation School
3.4 mi | #337 of 352 | Score: 26.9
Dropped 50 spots from last year
-31.3 below state avg
196 students Moderate
Grades 07-08
H

High Schools

2 schools
C
Ware Junior/Senior High School
1.8 mi | #259 of 346 | Score: 45.6
Improved 15 spots from last year
-12.6 below state avg
425 students Moderate
College Ready Curriculum
Grades 07-12
C
Quaboag Regional High School
3.4 mi | #269 of 346 | Score: 44.5
Dropped 143 spots from last year
-13.7 below state avg
334 students Less Diverse
13 sports • 714 athletes
Strong AP Program Career Tech Programs College Ready Curriculum
Grades 09-12
Learn about these ratings

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $356
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Property History

Property Timeline

🏠
Listed for Sale
Jun 30, 2026
$465,000
Original listing
Agent: Tracy LaRosa Office: Daisy Hill Real Estate and Rentals

Price & Status History

Date Event Price Change
Jun 30, 2026 New Listing Added $465,000

Market Statistics

Time on Market
13 hours 14 minutes
Price per Sq Ft
$137

Tax History

Year Taxes Assessment
2025 $4,277 $284,000

Financial Details

Annual Property Tax
$4,277
Tax Year 2025
Assessed Value
$284,000

Listing Information

Listing Agent Tracy LaRosa
Listing Office Daisy Hill Real Estate and Rentals
Agent MLS ID CN237383
Office MLS ID AN4961
Listing Data Updated Jun 30, 2026 12:26 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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