Active
3 Days on market
41 Morse Ave Wilmington — Photo 1 of 42

41 Morse Ave Wilmington — Photo 1 of 42

$1,099,000

Investment Analysis — 41 Morse Ave

Wilmington, MA 01887

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 3-bedroom in 01887 carries an estimated $4,170/mo in gross rent — about a 2.26% cap rate and $24,842/yr in estimated NOI at the $1,099,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

3

Baths

2.5

SqFt

3,000

Style

Single Family

Built

1940

Welcome to 41 Morse Ave, where modern elegance meets exceptional comfort in the heart of Wilmington. Beautifully renovated with thoughtful attention to detail, this impressive home showcases a bright, open-concept design enhanced by hardwood floors and recessed lighting throughout. At the heart of the home, the stunning kitchen features a generous center island and flows effortlessly into the dining and living areas, creating an ideal setting for both everyday living and entertaining. The home offers 3 bedrooms, 2.5 baths, a private office, bonus room, and an inviting fireplace. The primary suite provides a peaceful retreat with a walk-in closet and private bath. Step outside to enjoy the porch, deck, patio, and level yard. Complete with central air and conveniently located just minutes from I-93, shopping, parks, trails, schools, and the T-station. A beautifully designed, move-in-ready home you won't want to miss! Open House Sat- Sun at 12:30 AM- 2:00 PM

ADU Potential

Massachusetts allows one accessory dwelling unit by right in single-family zoning districts statewide (M.G.L. c. 40A §3; 760 CMR 71.00, effective Feb 2025). Estimated maximum ADU size for this property: 900 sq ft (the lesser of 900 sq ft or half the 3,000 sq ft principal dwelling). Lot size: 20,038 sq ft.

Based on listing data, which indicates the property type — not the zoning district. Local dimensional, septic (Title 5), and historic-district requirements still apply. Not legal advice — verify with the municipality.

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.

Open Houses

Property Details

Financials

Original Price$1,099,000
Annual Taxes--

Parking

Garage0
Off-Street4

Interior Specifications

Total Rooms10
Fireplaces1
FlooringTile, Hardwood, Flooring - Hardwood
BasementUnfinished

Climate & Utilities

HeatingCentral, Natural Gas
CoolingCentral Air
WaterPrivate
SewerPrivate Sewer

Building & Exterior

ConstructionFrame
Roof--
FoundationConcrete Perimeter
Zoning0

Property & Lot

Acres0.46
SqFt Lot20,038
Lot FeaturesLevel

Amenities & Appliances

Water Heater • Range • Oven • Dishwasher • Refrigerator • Range Hood

Neighborhood

Shopping • Park • Walk/Jog Trails • Conservation Area • Highway Access • Public School

Geography

Floorplan Breakdown

Structural Layout

Third
Family RoomBedroom 3
Second
Primary BedroomBedroom 2Bathroom 2Bathroom 3
First
Living RoomDining RoomKitchenOfficeBathroom 1
Living Room
Lvl First

Flooring - Hardwood, Window(s) - Picture, Open Floorplan, Recessed Lighting

Dining Room
Lvl First

Flooring - Hardwood, Window(s) - Picture, Open Floorplan, Recessed Lighting

Kitchen
Lvl First

Flooring - Hardwood, Window(s) - Picture, French Doors, Kitchen Island, Deck - Exterior, Exterior Access, Open Floorplan, Recessed Lighting

Office
Lvl First

Flooring - Hardwood, Window(s) - Picture, Recessed Lighting

Family Room
Lvl Third

Closet, Flooring - Hardwood, Window(s) - Picture, Recessed Lighting

Primary Bedroom
Lvl Second

Bathroom - Full, Walk-In Closet(s), Flooring - Hardwood, Window(s) - Picture, Recessed Lighting

Bedroom 2
Lvl Second
Bedroom 3
Lvl Third

Closet, Flooring - Hardwood, Window(s) - Picture, Recessed Lighting

Bathroom 1
Lvl First

Bathroom - Half, Flooring - Stone/Ceramic Tile, Window(s) - Picture

Bathroom 2
Lvl Second

Bathroom - Full, Bathroom - Tiled With Shower Stall, Flooring - Stone/Ceramic Tile, Window(s) - Picture, Double Vanity

Bathroom 3
Lvl Second

Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Wall to Wall Carpet, Window(s) - Picture, Double Vanity

Property History

Listed
$1,099,000

Sep 10, 2026

MLS® 73575731

Sold
$530,000

Feb 18, 2025

MLS® 73314623

Listed
$589,000

Nov 21, 2024

MLS® 73314623

Listing Provided By

Listing Agent: Alvarenga & Son'S Team

Listing Office: Keller Williams Realty Evolution

MLS® Number: 73575731