Off Market
509 Humphrey St, Swampscott, MA
Swampscott · MA 01907
- $1,000,000
- Price
- 6
- Beds
- 3
- Baths
- 4296
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1973
Units:
4 Units
Lot size:
9,627 Sq.Ft Lot
Price per square foot:
$233 / Sq.Ft
Parking:
15 Off Street Spaces
About this home
Location, Location, Location! Rare opportunity to purchase a 4 unit mixed-use building. (2 residential units; 2 commercial units) 3 out of the 4 units will be delivered vacant which makes it an ideal Condo Conversion Project or Excellent property for 1031 Exchange Buyer. Very desirable building & location w/ off-street parking. Walk to beaches, town, restaurants, shops & cafes. Train to Boston/Newburyport/Rockport only @ 1 mile away. Projected rent roll @ $120k; Projected expenses @ $30k. NOI @ $90k. Purchase w/ cash and property potential to yield 8-10% ROI. Ample off-street parking ideal for commercial tenants, very rare for Humphrey St. Boston @12.5 miles away. Located on bus route. Residential units have decks w/ ocean views. Great long term buy & hold OR condo convert. Property can be purchased as a package w/ 18-20 Sculpin Way (adjacent) MLS #
Neighborhood & Transit
509 Humphrey St, 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:
- $1,000,000
- Price per Sq.Ft:
- $233
- Tax Assessment:
- $732,100 in 2022
- Taxes:
- $783 / Monthly
Home Facts
Interior Features
- Bedrooms
- 6
- Full Bathrooms
- 2
- Half Bathrooms
- 2
- Living Area
- 4,296 Sq.Ft
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 4296
- 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
- 9,627 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- 15 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 #
- 73073201