Property Overview

• Address: 50, 54, and 58 Welcome Rd, West Brookfield, MA 01585
• Parcels: 3 Total
• Total Acreage: 0.74 Acres
• Structure: 720 sq ft Brick Structure with Electric Connections and Pre-installed Wiring/Plugs at 50 Welcome Rd.
• Foundation: Concrete Slab
• Privacy & Views: Enjoy serene, private surroundings with picturesque views

Photos & Videos:

https://drive.google.com/drive/folders/1-BE5aJwcGApIHB6lzCP5FGMHlFDSa4ho?usp=drive_link

Investment Highlights

• Asking Price: $75K
• Rehab Budget: $150K
• After Repair Value (ARV): 350K
• Non-Refundable Deposit: $10K
• Seller Financing Available
• Close Date: To Be Determined
• Access: Showings Available Upon Request

Strategic Investment Opportunities

• Rental Income Potential:
  • Market Insight: West Brookfield boasts a robust rental market with average rental yields surpassing national averages. A supermarket and pharmacy are conveniently located just 4 miles away.
  • Projected Cash Flow: Post-rehab, the property’s ARV positions it favorably for high rental returns or lucrative resale opportunities.

Property Features

• Utilities: Pre-existing water well has been tested and quality is satisfactory. Needs new in-well pump and blue pressure tank.. Was quoted 1K for both. Electric connections and partial wiring/plugs already installed.
• Land: Spacious 0.74 acres across three lots offer flexibility and privacy.
• Location Perks:
  • Recreational: Prime fishing spot across the street on Brookhaven Lake.
  • Convenience: Proximity to Sturbridge Village enhances the property’s appeal to renters and future buyers alike.

Occupancy & Transition

• Current Situation: A young couple has been residing on-site for two years in a trailer, with some furniture in the main structure.
• Resolution: The squatter has agreed to vacate for a reasonable cash incentive, ensuring a smooth transition to a vacant property upon closing.

Important Information

• Privacy Assurance: Entering the property or contacting the seller directly is strictly prohibited. Violations will result in a ban from future deals.
• Access Instructions: Interested buyers must DM to arrange viewings and gain authorized access.

🔒 Privacy Notice

All interactions with this listing are confidential. Protecting your privacy and ensuring a secure transaction process is our top priority. Unauthorized access or attempts to contact the seller directly will result in immediate disqualification from future deals.

📜 Disclaimer

Diamond Tree Properties conducts a certain level of research on all listings; however, not all properties have been thoroughly investigated. Buyers are strongly advised to perform their own due diligence and consult with appropriate professionals before making any investment decisions.

Call or text John @ 401-440-8790