Extremely rare opportunity in Newton Centre. Four duplex-style units located in an A++ location with strong rental history. All units separately metered. Each unit in the front building has 3 floors...3 bedrooms on the 2nd floor and 2 more rooms on the 3rd floor. The rear building also boasts 2-level units with 2BRs each. Rents are below market; all tenants are 'at will' except for one lease ending 6/30/22. Market rents with units in 'AS IS' condition will yield $11K-$12K. Refurbished units could yield as much as $16K+. Parking is 2 rows tandem to the left of the property. Property offers the ideal location for lessees - A+ schools, walking distance to Crystal Lake, Newton Centre shops and restaurants, MBTA Green Line Newton Centre Station and more! Property assessed for land use as an APT 4-8 unit, seller paying taxes as such for decades. Seller makes no warranties with respect to zoning and legal use status. Buyer to perform own due diligence. DO NOT walk property, tenant occupied
Sold for $2,063,000 on 09/28/22
$2,063,000
25-29 Trowbridge St, Newton Center, MA 02459
14beds
5,994sqft
4 Family
Built in 1900
-- sqft lot
$-- Zestimate®
$344/sqft
$5,354 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: September 29, 2022 at 10:44am
Listed by:
The Bill Butler Group,
Leading Edge Real Estate
Bought with:
Non Member
Non Member Office
Source: MLS PIN,MLS#: 72979568
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 14
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Heating
- Has Heating (Unspecified Type)
Features
- Kitchen
- Flooring: Wood, Laminate
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total structure area: 5,994
- Total interior livable area: 5,994 sqft
Property
Parking
- Total spaces: 4
- Parking features: Paved Drive, Off Street
- Has uncovered spaces: Yes
Features
- Patio & porch: Screened, Patio
Lot
- Size: 7,405 sqft
Details
- Parcel number: S:62 B:011 L:0005,698700
- Zoning: SR2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 4 Family
Materials
- Frame
- Foundation: Stone
- Roof: Slate
Condition
- Year built: 1900
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Gas Range
Community & neighborhood
Community
- Community features: Public Transportation, Shopping, Walk/Jog Trails, Highway Access
Location
- Region: Newton Center
HOA & financial
Other financial information
- Total actual rent: 8875