Sold

24 Newtonville Ave, Newton, MA

Newton · MA 02458

$1,275,000
Price
5
Beds
5
Baths
2952
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1900
Units: 5 Units
Lot size: 0.28 Acre Lot
Price per square foot: $508 / Sq.Ft
Parking: 7 Off Street Spaces

About this home

Multi Family Home in Prime Newtonville Location, ready to rent condition. A rare investment opportunity with room to add value in short term or long term. Updated Electric and Plumbing. Property has gas heat, and town sewer. Ready for redevelopment or buy and hold cash flow. Strong Community, Top Ranked Schools, Commuter Rail, Access to major highways and easy access downtown Boston. Annual Gross Income- $75,500. Living Area ' 2,952 SF situated on a 12,080 SF Lot. -Value add opportunity: Kitchens and bathroom upgrade to increase rental income. OR Create and submit permit for development, i.e. condominiums, potentially higher density multifamily with assemblage to neighboring property (also for sale in MLS) SR3 Zone. Area amenities include: Newton North High School and Boston College Law School which are both within 0.6 mile. Grocery options such as Whole Foods, Trader Joe's and Star all are within 1.5 Mile from here. Restaurants like Aji, MIDA, Rice Valley, Cabot's. etc.

Neighborhood & Transit

24 Newtonville Ave, 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:
1468 days
Listing Price:
$1,500,000
Price per Sq.Ft:
$508
Tax Assessment:
$1,219,400 in 2021
Taxes:
$1,093 / Monthly

Home Facts

Interior Features

Bedrooms
5
Full Bathrooms
5
Half Bathrooms
0
Living Area
2,952 Sq.Ft
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
60 Amps/Less, 100 Amps

Exterior Features

Lot Size
12,080 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
7 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Vinyl
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Greg Martin
Listing office
Move Forward Real Estate
MLS PIN #
72925439
Disclosure
Excellent location, seller makes no warranties or representations