$2,063,000
$2,099,000
1.7%For more information regarding the value of a property, please contact us for a free consultation.
14 Beds
4.5 Baths
5,994 SqFt
SOLD DATE : 09/28/2022
Key Details
Sold Price $2,063,000
Property Type Multi-Family
Sub Type 4 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,994 sqft
Price per Sqft $344
MLS Listing ID 72979568
Sold Date 09/28/22
Bedrooms 14
Full Baths 4
Half Baths 1
Year Built 1900
Annual Tax Amount $13,330
Tax Year 2022
Lot Size 7,405 Sqft
Acres 0.17
Property Sub-Type 4 Family
Property Description
Extremely rare opportunity in Newton Centre. Four duplex-style units located in an A++ location with strong rental history. All units separately metered. Each unit in the front building has 3 floors...3 bedrooms on the 2nd floor and 2 more rooms on the 3rd floor. The rear building also boasts 2-level units with 2BRs each. Rents are below market; all tenants are 'at will' except for one lease ending 6/30/22. Market rents with units in 'AS IS' condition will yield $11K-$12K. Refurbished units could yield as much as $16K+. Parking is 2 rows tandem to the left of the property. Property offers the ideal location for lessees - A+ schools, walking distance to Crystal Lake, Newton Centre shops and restaurants, MBTA Green Line Newton Centre Station and more! Property assessed for land use as an APT 4-8 unit, seller paying taxes as such for decades. Seller makes no warranties with respect to zoning and legal use status. Buyer to perform own due diligence. DO NOT walk property, tenant occupied
Location
State MA
County Middlesex
Zoning SR2
Direction Off of Centre St
Rooms
Basement Unfinished
Interior
Interior Features Unit 1 Rooms(Living Room, Dining Room, Kitchen, Other (See Remarks)), Unit 2 Rooms(Living Room, Dining Room, Kitchen, Other (See Remarks)), Unit 3 Rooms(Living Room, Dining Room, Kitchen), Unit 4 Rooms(Living Room, Kitchen)
Heating Unit 1(Forced Air, Oil), Unit 2(Forced Air, Oil), Unit 3(Forced Air, Gas), Unit 4(Forced Air, Gas)
Flooring Wood, Laminate
Appliance Oil Water Heater, Gas Water Heater, Utility Connections for Gas Range
Laundry Unit 1 Laundry Room, Unit 2 Laundry Room, Unit 3 Laundry Room, Unit 4 Laundry Room
Exterior
Community Features Public Transportation, Shopping, Walk/Jog Trails, Highway Access
Utilities Available for Gas Range
Roof Type Slate
Total Parking Spaces 4
Garage No
Building
Story 11
Foundation Stone
Sewer Public Sewer
Water Public
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steven@whitehillestatesandhomes.com
48 Maple Manor Rd, Center Conway , New Hampshire, 03813, USA