51-53 W Central Ave, Wareham (Onset), MA, 02571 | $1,000,000
4 unit property offers a prime location with a view! The main house features 2 units, each with 2 bed/ baths and open living areas that flow to well-appointed kitchens. Adjacent to the main house, the carriage house is a charming 1-bedroom unit on the second floor with panoramic water vistas. Completing the ensemble, the 517-square-foot cottage offers a 1 bed/1 bath retreat. Three units are currently rented, generating incomes to $2, 100/mo. per unit underscoring the property's viability as an income-producing asset. Recent upgrades include a gas boiler/mini splits, flooring and aesthetic enhancements blending historic charm with modern comforts. Situated steps from Shell Point, enjoy seaside activities such as strolls along the shoreline or kayaking the calm waters. Beyond the immediate beach access, the property is conveniently located minutes from the heart of Onset Village offering shops, dining and attractions. Use as personal residence, retreat or income generating investment.
Features
- Town: Wareham
- Amenities: Shopping, Walk/Jog Trails, Medical Facility, Conservation Area, Highway Access, House of Worship, Marina, Other, Sidewalks
- Rooms: 14
- Bedrooms: 6
- Baths: 4 full
- Units: 4
- Year Built: 1900
- Garage: 1-car
- Basement: Full, Bulkhead, Unfinished
- Approx Sq. Feet: 2,807
- Acreage: 0.17
- Est. Taxes: $7,545
- Lot Desc: Corner Lot
- View: Scenic View(s)
- Appliances: Range, Microwave, Refrigerator, Washer, Dryer
- MLS#: 73352537
- Website: https://www.raveis.com
/prop/73352537/5153wcentralave_wareham_ma?source=qrflyer
Listing by Jodi Freedman courtesy of Sotheby's International Realty
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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 81725
203.980.8025
Frank.Kolb@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
51-53 W Central Ave, Wareham (Onset), MA, 02571
$1,000,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Frank Kolb
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $800,000 | $800,000 | $800,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.500% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.614% | 6.613% | 6.183% |
| Monthly Tax Payment | $629 | $629 | $629 |
| H/O Insurance Payment | TBD | TBD | TBD |
| Initial Principal & Interest Pmt | $4,542 | $5,057 | $6,751 |
| Total Monthly Payment | $5,263 | $5,686 | $7,380 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
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