2-4 Neponset St / 1887 Washington, Walpole MA 02071 – 22 bed 10 bath For Sale – 73321457
Overview
- Updated On:
- February 26, 2025
-
- 73321457
- 22 Bedrooms
- 10 Bathrooms
- 6 Garage Spaces
- 18 Non-Garage Parking Spaces
- 1900
Description
A rare investment opportunity just a 15-minute walk from Gillette Stadium! This historic property offers tremendous upside with below-market rents that can easily be increased. In addition to rental income, the property holds a license for event parking during stadium events, adding a lucrative revenue stream. The large lot features a scenic stream in the backyard, creating a peaceful, picturesque setting for tenants. Properties like this in such a prime location are seldom available. Don’t miss the chance to own this exceptional asset with endless potential!
This property is listed by Douglas Caves from Concept Properties
Property Listing Details
Overview
| MLS Status | Pending |
|---|---|
| Price | $ 2,395,000 |
| Living Area | 8,988.00 ft2 |
| Bedrooms | 22 |
| Total Rooms | 41 |
|---|---|
| Listing MLS ID | 73321457 |
| Days on Market | 35 |
| Bathrooms | 10 |
Unit Information
| Bedrooms | 22 |
|---|---|
| Full Bathrooms | 10 |
| Half Bathrooms | 0 |
| Cooling | |
| Heating | |
| Uncovered Parking | 18 |
| Garage Parking | 6 |
| Water View | Yes |
| Unit Level |
| Common Walls | |
|---|---|
| Laundry Features | |
| Lead Paint | Unknown |
| Outdoor Space Available | |
| Living Area Includes Basement | Unfinished |
| Patio And Porch Features | |
| Parking Features | Off Street |
| Waterview Features | River |
| Flooring |
Building Information
| Building Name | |
|---|---|
| Units in Building | 9 |
| Pets Allowed | |
| Association Amenities | |
| Pool Features | |
| Waterfront Features | Waterfront,River,Direct Access |
| Association Fee Includes | |
| Construction Materials |
| Year Built | 1900 |
|---|---|
| Security Features | |
| Sewer | Public Sewer |
| Spa Features | |
| Structure Type | |
| Water Source | Public |
| Basement | Unfinished |
| Roof |
Additional Details
| Community Features | |
|---|---|
| Disclosures | Includes 3 Buildings on 1 lot ; : 2 Neponset Ave,4 Neponset Ave,and 1887 Washington Street . |
| Last Updated | 2025-02-25T15:01:00.000Z |
| Building Area Source | Other |
| MLS PIN Page | |
| Parcel Number | |
| Original List Price | 2395000 |
| Listing Office | concept properties |
| Tax Annual Amount | 14005 |
|---|---|
| Tax Assessed Value | 1059400 |
| Tax Book Number | 99 |
| Tax Year | 2024 |
| Year Built Details | Approximate |
| Year Built Source | Public Records |
| Zoning | RB |
| Listing Agent | douglas caves |
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2-4 Neponset St / 1887 Washington, Walpole MA 02071 | © 2024 DOUGLAS ELLIMAN REAL ESTATE. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS ARE DEEMED RELIABLE, BUT SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT OR ZONING EXPERT. THE NUMBER OF BEDROOMS LISTED ABOVE IS NOT A LEGAL CONCLUSION. EACH PERSON SHOULD CONSULT WITH HIS/HER OWN ATTORNEY, ARCHITECT OR ZONING EXPERT TO MAKE A DETERMINATION AS TO THE NUMBER OF ROOMS IN THE UNIT THAT MAY BE LEGALLY USED AS A BEDROOM. EQUAL HOUSING OPPORTUNITY.
2-4 Neponset St / 1887 Washington, Walpole MA 02071 – 22 bed 10 bath For Sale – 73321457
$ 2,395,000
Status: Pending
2-4 Neponset St / 1887 Washington, Walpole MA 02071, Walpole, South Walpole, Norfolk 02071
Country: US
Property Overview
MLS #: 73321457
Type: 5-9 Family /
Action: Residential Income
Year Built: 1900 (Approximate, Source: Public Records, Effective: )
Living Area: 8,988.00 ft2 (Total: 8988 Square Feet, Source: Other)
Lot Size: 0.60 ft2 (Area: 0.6 Acres, SqFt: 26145)
Total Rooms: 41
Condition:
Availability:
Building Name:
Interior Features
Bedrooms: 22 (Main Level: )
Bathrooms: Total: 10 (Full: 10, Half: 0, Decimal: 10, Main Level: )
Basement: Unfinished
Fireplaces: 2 ()
Flooring:
Laundry:
Window Features:
Door Features:
Accessibility:
Entry: Level , Location:
Other Equipment:
Construction & Design
Style:
Materials:
Foundation: Stone (Area: )
Roof:
Stories: 7 (7)
Common Walls:
Body Type:
Utilities & Green Features
Heating:
Cooling:
Water Source: Public
Sewer: Public Sewer ()
Utilities:
Electric: (Expense: )
Gas:
Energy Certificate:
Green Energy Efficient:
Green Energy Generation:
Green Indoor Air Quality:
Green Water Conservation:
Insulation:
Exterior & Lot Features
Garage Spaces: 6
Covered Spaces: 6
Parking Total: 18
Parking Features: Off Street
Pool:
Spa:
Patio/Porch:
Fencing:
Lot Features: Other
View: (River, Waterview Y/N: Yes)
Waterfront: Waterfront,River,Direct Access
Road Frontage: Public ()
Road Surface:
Road Responsibility:
Other Structures:
Horse Amenities:
Wooded Area:
Pasture Area:
Cultivated Area:
Additional Parcels: (Number: )
Outdoor Space:
Community & Association
Community Features:
Association Fee: ()
Fee Includes:
Association Amenities:
Pets Allowed:
Schools: E: , M: , H:
Zoning: RB ()
MLS Area: Major: , Minor:
Management:
Optional Fee: (Includes: )
Property Description
A rare investment opportunity just a 15-minute walk from Gillette Stadium! This historic property offers tremendous upside with below-market rents that can easily be increased. In addition to rental income, the property holds a license for event parking during stadium events, adding a lucrative revenue stream. The large lot features a scenic stream in the backyard, creating a peaceful, picturesque setting for tenants. Properties like this in such a prime location are seldom available. Don’t miss the chance to own this exceptional asset with endless potential!
Room Details
Living Room (): x ( sqft) - Features:
Dining Room (): x ( sqft) - Features:
Kitchen (): x ( sqft) - Features:
Master Bedroom (): x ( sqft) - Features:
Master Bathroom: Features:
Laundry Dimensions:
Multi-Unit Information (if applicable)
Total Units: 9
Units Owner Occupied:
Unit 1: Beds: 4, Full Baths: 2, Half Baths: 0, Levels: 2, Rent: 3000, Lease: N
Unit 2: Beds: 9, Full Baths: 4, Half Baths: 0, Levels: 2, Rent: 8100, Lease: N
Unit 3: Beds: 9, Full Baths: 4, Half Baths: 0, Levels: 3, Rent: 5450, Lease:
Unit 4: Beds: , Full Baths: , Half Baths: , Levels: , Rent: , Lease:
Complex Complete:
Unit Building:
Financial & Lease Information
Tax Annual Amount: 14005 (Year: 2024)
Tax Assessed Value: 1059400
Tax Block/Lot/Book/Map: / / 99 /
Parcel Number:
Special Licenses:
Current Financing:
Gross Income: 198000 (Scheduled: )
Net Operating Income: 198600
Operating Expense: (Water/Sewer: , Insurance: )
Financial Data Source: Pro. Forma Available
APOD Available: No
Tenant Pays:
Rent Includes:
Total Actual Rent: 16550
Lease Term: (Existing Type: )
Deposit Required: (Security: , First Month: , Last Month: )
Insurance Required:
References Required:
Listing & Agent Information
Listing Agent: Douglas Caves (MLS ID: CN237964) / Team:
Listing Office: Concept Properties (MLS ID: AN3962)
Agent (Property):
Buyer Agent MLS ID:
Buyer Office MLS ID:
Listing Agreement: Exclusive Right To Sell
Listing Contract Date: 2024-12-26
Expiration Date: 1900-01-01
Original List Price: 2395000
Price Per SqFt (List): 266.47
Market Time (Property): 35 (Broker: 35, Prev Broker: 0, Prev Property: 0)
MLS Status: Under Agreement
Possession:
Directions: Follow US-1 S/Boston-Providence Turnpike to Neponset St in Walpole
Disclosures: Includes 3 Buildings on 1 lot ; : 2 Neponset Ave,4 Neponset Ave,and 1887 Washington Street ., N
Lead Paint: Unknown
Title 5:
Exclusions:
Contingency:
Special Listing Conditions:
Lender Owned:
Short Sale Lender Approval Required:
Home Warranty Y/N:
Documents Available: (Count: )
Showings Deferral Date:
Open House Flag:
Listing Alert: No
Square Feet Disclosures: Living Area and Building description includes all 3 building (2 and 4 Neponset, 1887 Washington) . (Incl. Base: No, Other: )
Master Book/Page: / (Page: 99)
Sale Information (if applicable)
Close Date:
Close Price:
Price Per SqFt (Sold):
Anticipated Sold Date: 2025-03-21T04:00:00.000Z
Concessions Amount:
Purchase Contract Date: 2025-01-29
Sold vs Rent:
System Information
Property ID: 1240632
Modification Timestamp: 2025-02-25T15:01:00.000Z
Bridge Modification Timestamp: 2025-02-25T15:04:50.874Z
Original Entry Timestamp: 2024-12-27T02:23:00.000Z
Status Change Timestamp: 2025-01-30T12:56:00.000Z
Off Market Date: 2025-01-29
Development Status:
Business Type:
