Golf Course
Address
262 Adams St, Newton, MA
Price
$ 1,999,999
Property Attributes
- MLS#73240883
- TypeMulti-Family
- CountyMIDDLESEX
- CityNewton
- AreaNonantum
- Zip02458
- Style5+ Family - 5+ Units Up/Down
- Year Built1920
- Taxes$ 14536
- Price$ 1,999,999
- Bedrooms10
- Full Bathrooms5
- Half Bathrooms0
- Sqr Footage4500
- Lot Size0.09 Acres
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description
Package Deal with 40 Middle St! Attention investors, developers, and potential homeowners! A unique chance presents itself with these two multi-unit buildings situated on a corner lot. This is a prime opportunity for builders and developers to refurbish and convert into condominiums. Alternatively, it's an excellent investment for owner-occupants or multi-family investors looking to generate rental income. Located conveniently near Mass Pike (Exit 17), Soldiers Field Road, and Routes 128 & 95. Enjoy a short stroll to the YMCA or Whole Foods, and easy access to Boston, Cambridge, and Riverside via nearby bus stops or the commuter rail. It's also just minutes away from Newton’s highly regarded public schools. The property at 40-42 Middle St features a distinctive Victorian design with two residential units, while 260-262 Adams St showcases a Queen Anne Colonial Revival style with three residential units and a commercial space.
| Price History | |
|---|---|
| 5/21/2024 | Listed $1,999,999 |
General Features
| Interior Features | Bathroom With Tub,Bathroom with Shower Stall,Pantry,Living Room,Kitchen,Family Room,Office/Den |
|---|---|
| Sewer | Public Sewer |
| Heating | Forced Air,Oil |
| Cooling | Window Unit(s) |
| Utilities | for Gas Range |
| Roof | Asphalt/Composition Shingles |
| Appliances | Range,Refrigerator |
| Exterior Features | Balcony/Deck,Balcony |
| Zoning | BU2 |
| Patio/Porch Features | Deck - Wood |
| Construction Materials | Brick |
| Exclusions | Tenants Belongings. |
| Year Built | 1920 |
| Property SubType | 5+ Family - 5+ Units Up/Down |
| Tax Year | 2023 |
| Gross Income | 134340 |
| Community Features | Public Transportation,Shopping,Park,Golf,Medical Facility,Laundromat,Conservation Area,Highway Access,Private School,Public School,Sidewalks |
| County | Middlesex |
| Net Operating Income | 115140 |
| Property Type | Residential Income |
| Garage Y/N | No |
| Rent Includes | Unit 1(Water),Unit 2(Water),Unit 3(Water),Unit 4(Water) |
| Total Rooms | 15 |
| Status | Active |
| Directions | On the corner of Middle St. and Adams St. GPS Friendly. |
| City | Newton |
| Disclosures | Seller has never lived on property and makes no warranties. Buyer & buyer's agent to perform any & all due diligence to explore development options & regarding property condition & terms of sale. All |
| Senior Community Y/N | No |
| NumberOfUnitsTotal | 5 |
| MLS Area | Nonantum |
| Lot Size Units | Acres |
| Lot Size Square Feet | 4069 |
| Waterfront Y/N | No |
| Year Built Details | Approximate |
| Tax Annual Amount | 14536.2 |
| Home Warranty Y/N | No |
| Building Area Units | Square Feet |
| Standard Status | Active |
| Year Built Source | Public Records |
| Tax Assessed Value | 1197800 |
| Total Actual Rent | 11195 |
| Compensation Based On | Net Sale Price |
| Sub-Agency Relationship Offered | No |
Interior Features
| Basement | Interior Entry,Unfinished |
|---|---|
| Flooring | Wood,Carpet,Laminate,Hardwood |
| Total Stories | 9 |
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Full Baths | 5 |
| Total Bedrooms | 10 |
| Total Baths | 5 |
Exterior Features
| Parking Features | Off Street |
|---|---|
| Lot Features | Corner Lot |
| Water Source | Public |
| Total Parking | 3 |
| Lot Size Area | 0.09 |
| Foundation Details | Stone,Brick/Mortar |
| Spa | No |
| Building Area Total | 4500 |
| Lot Size Acres | 0.09 |
| Road Surface Type | Paved |
| Frontage Length | 45.00 |
| Road Frontage Type | Public |
| Road Responsibility | Public Maintained Road |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 02458
Price
Taxes
Visits
Year Built
Massachusetts MLS Property Info Network (MLSPIN) - The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and
