
756 Bemis Rd Warren — Photo 1 of 38
$475,000
Investment Analysis — 756 Bemis Rd
Warren, MA 01083
Based on rent reported on the MLS listing, a 2-unit multi-family in 01083 carries $3,950/mo in gross rent — about a 6.57% cap rate and $31,227/yr in estimated NOI at the $475,000 list price. Adjust every assumption in the calculator below.
Beds
4
Baths
3
SqFt
2,632
Style
Multi Family
Built
1992
Rare opportunity! This charming and versatile two-family home is truly a needle in a haystack. Privately situated on a beautiful 2.13-acre lot in Warren, this property offers space, privacy, and endless possibilities for investors, owner occupants, multi-generational living, or those looking to convert it back into a spacious single-family residence. The larger 3 bedroom, 2 bathroom unit was previously rented for $2,400/month and features a spacious kitchen complete with an impressive 48-inch six-burner gas range with double ovens. The second unit offers a comfortable 1 bedroom, 1 bathroom layout and was previously rented for $1,550/month, making it ideal as a mortgage helper, rental, in-law arrangement, or extended family living. Each unit enjoys its own private deck and separate shed, offering outdoor space and storage for both households. The property will be delivered vacant, providing immediate flexibility for its next owner. Full of character and charm, this home has also seen several important updates, including a newer roof, newer heating systems, a newly paved driveway, a well pump less than two years old, and a new interior basement drainage system with a new sump pump. The basement drainage system also comes with a lifetime warranty from the installer that will transfer to the new owner. With privacy, acreage, versatility, strong rental history, and valuable improvements already completed, opportunities like this don't come around often. Whether you're looking to invest, offset your mortgage with rental income, accommodate multiple generations, or create your dream single-family home, 756 Bemis Road offers exceptional potential.
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer • Freezer
Neighborhood
Tennis Court(s) • Park • Walk/Jog Trails • Stable(s) • Golf • Bike Path
Geography
Listing Agent: We Close Deals Team
Listing Office: Lamacchia Realty, Inc.
MLS® Number: 73571102
