Off Market

18-20 Sculpin Way, Swampscott, MA

Swampscott · MA 01907

$800,000
Price
4
Beds
3
Baths
3500
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 2005
Units: 2 Units
Price per square foot: $229 / Sq.Ft
Parking: 4 Off Street Spaces

About this home

Location, Location, Location! Excellent opportunity for 1st time buyer/investor, or seasoned investor that wants to own a low maintenance rental property. Super convenient walk to beaches, town, restaurants, shops & cafes. MBTA Commuter Rail is located @ mile away. Ideal for commuters to train into Boston or take a day trip to Beverly/Salem/ManchesterbytheSea/Gloucester/Newburyport/Rockport. Projected rents @ $78,000; expenses @ $20k. Projected NOI @ $58k. Ideal buyer that wants to live in one unit; rent out the other. Or rent out both units either short term or long term tenants. Could also condo-convert. These townhouse style units consists of 2 bed/2 bath @1,700sqft. Excellent condition and location. Current rents are $2,800 & $2,965. One tenant is TAW and other tenant lease ends in March. Market rents are closer to $3,200 - $3,300/month. Property can also be purchased w/ adjacent property at 509 Humphrey Street (4 unit mixed-use building) see MLS #

Neighborhood & Transit

18-20 Sculpin Way, Swampscott · MA 01907

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:
1380 days
Listing Price:
$800,000
Price per Sq.Ft:
$229
Tax Assessment:
$526,300 in 2022
Taxes:
$563 / Monthly

Home Facts

Interior Features

Bedrooms
4
Full Bathrooms
2
Half Bathrooms
2
Living Area
3,500 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
3500
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
0 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
4 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
Stephen Martin
Listing office
Lux Realty North Shore
MLS PIN #
73073202