2-4 Neponset Street

Walpole, MA 02071

$2,395,000
Price
22
Beds
10
Baths
8,988 Sq. Ft.
$266 / Sq. Ft.
8,988
Sq. Ft.
$266
per Sq. Ft.

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...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!
  1. Listed by Douglas Caves • Concept Properties

Property Details for 2-4 Neponset Street

Town
Walpole
MLS Area
South Walpole
Area
MA-Walpole-South Walpole, MA-Walpole
Garage Spaces
6
Parking Spaces
18.00
Parking Spaces Total
24
LISTING UPDATED: 12/30/2024 03:10 AM

Property Details for 2-4 Neponset Street

StatusActive
MLS #73321457
Days on Market7
Taxes$14,005 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 5-9 Family
Year Built1900
CountyNorfolk County

Building Information for 2-4 Neponset Street

Stories7Residences9Year Built1900Building Size-Lot Size0.60 AC / 26,145 SF

Property Information for 2-4 Neponset Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Living Area: 8988.0
  • SqFt with Basement: No
  • Total Units: 9
  • Waterfront: Yes
  • Water View: Yes
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Basement Features: Unfinished Basement
  • Num of Baths: 10.0
  • Num of Full Baths: 10
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 10.00
  • Bathrooms Total Integer: 10
  • FireplaceYN: Yes
  • Fireplaces: 2
  • SpaYN: No
Exterior Features
  • Lot Description: Other
  • Waterfront Features: Waterfront, River, Direct Access
  • Waterview Features: River
Parking Features
  • Covered Spaces: 6.00
  • Garage: Yes
  • Garage Parking: Off-Street
  • Parking Features: Off-Street
  • Parking Features: Off-Street
Utilities
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Year Round: Yes
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: Includes 3 Buildings on 1 lot ; : 2 Neponset Ave,4 Neponset Ave,and 1887 Washington Street .
Tax Information
  • Assessments: $1,059,400
  • Book: 99
  • Tax Year: 2024
  • Zoning: RB
Building / Association Information
Living Characteristics
  • Beds Total: 22
  • Total Living Levels: 7
Other Building Characteristics
  • Foundation: Stone
Income / Expenses
  • Annual Expenses Source: Pro. Forma Available
  • GOI: $198,000.00
  • NOI: $198,600.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 2
Unit 2 Description
  • Floor U2: 1
  • Lease U2: N
  • Levels U2: 2
Unit 3 Description
  • Floor U3: 3
  • Levels U3: 3
Rental Info
Rental Info
  • Total Actual Rent: $16,550.00

Property History for 2-4 Neponset Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 2-4 Neponset Street

This home is within Walpole School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Boyden
PublicK to 5

Eleanor N Johnson Middle School
Public6 to 8

Walpole High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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2-4 Neponset Street is a multi-family home for sale in Walpole, MA 02071. This property was listed for sale on December 26, 2024 by Concept Properties, it's currently listed at $2,395,000. This listing's school district is Walpole School District. Nearby schools include Boyden, Eleanor N Johnson Middle School and Walpole High School. 2-4 Neponset Street is a 22-bed, 10-bath, 8,988 sqft multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Concept Properties, Douglas Caves

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.