Sold
24-28 Richardson St Unit 0, Newton, MA
Newton · MA 02458
- $2,450,000
- Price
- 14
- Beds
- 7
- Baths
- 7021
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1948
Units:
7 Units
Lot size:
0.3 Acre Lot
Price per square foot:
$381 / Sq.Ft
Parking:
4 Garage Spaces · 14 Off Street Spaces
About this home
24-28 Richardson St in Newton represents a rare combination of core & value add opportunity making it an attractive asset for both investors and developers. The property has ~13,000 sqft of land improved by two free standing buildings totaling over 7,100 sqft of living space. 26-28 Richardson is the larger front brick 3 story, 5 unit bldg, w/ direct access 4 car garage built in 1948. The building consists of one 1 bedroom apartment & 4 renovated 2 bed 1 bath units, each renovated with granite counter kitchens, hardwood floors and updated baths. The rear building is a wood frame, 2 family circa 1880 consisting of one 2 bed unit and one 3 bed unit. There is room for an additional 10 outdoor parking spaces in the large drive for a combined total of 14 car parking. The current gross income is over $180,000, with all units leased until spring & summer of 2019. The convenient location offers easy access to Rt 90, the commuter rail & express bus to Kenmore Sq, as well as BC Law School.
Neighborhood & Transit
Newton Corner
24-28 Richardson St, Newton · MA 02458
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
No subway or commuter rail stations within 0.5 mile.
Price Insight
- Days on Market:
- 2597 days
- Listing Price:
- $2,675,000
- Price per Sq.Ft:
- $381
- Tax Assessment:
- $1,531,500 in 2018
- Taxes:
- $1,318 / Monthly
Home Facts
Interior Features
- Bedrooms
- 14
- Full Bathrooms
- 7
- Half Bathrooms
- 0
- Living Area
- 7,021 Sq.Ft
- Broker Disclosure about Living Area
- 26-28 Richardson; 2 beds ~1,068sqft(x4), 1 bd ~640sqft, 24 Richardson; 2 bd ~1,219sqft 3 bd ~890sqft
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- Unknown
- Flooring
- Unknown
- Lead paint
- Unknown
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- Unknown
Exterior Features
- Lot Size
- 12,924 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 4 Parking Spaces
- Off Street Parking
- 14 Parking Spaces
Construction Details
- Construction Type
- Unknown
- Siding
- Unknown
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- Adam Umina
- Listing office
- Metro Realty Corp.
- MLS PIN #
- 72417589
- Disclosure
- 26-28 Richardson; 2 beds ~1,068sqft(x4), 1 bd ~640sqft, 24 Richardson; 2 bd ~1,219sqft 3 bd ~890sqft