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756 Bemis Rd Warren — Photo 1 of 38

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.

View Standard Listing

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

Original Price$475,000
Annual Taxes$4,797

Parking

Garage0
Off-Street10

Interior Specifications

Total Rooms8
FireplacesNone
Flooring--
BasementFull, Partially Finished

Climate & Utilities

HeatingNatural Gas, Propane, Wood Stove
Cooling--
WaterPrivate
SewerPrivate Sewer

Building & Exterior

Construction--
Roof--
FoundationConcrete Perimeter
ZoningRUR

Property & Lot

Acres2.13
SqFt Lot92,626
Lot FeaturesWooded

Amenities & Appliances

Range • Dishwasher • Microwave • Refrigerator • Washer • Dryer • Freezer

Neighborhood

Tennis Court(s) • Park • Walk/Jog Trails • Stable(s) • Golf • Bike Path

Geography

Listing Provided By

Listing Agent: We Close Deals Team

Listing Office: Lamacchia Realty, Inc.

MLS® Number: 73571102