Office - Central Real Estate

56-58 Lexington St, Newton, MA 02465  

Multi-Family
$999,999
Price
4
Units
2,476
Approx. GLA
Great opportunity to own mixed use investment property - Building consist of 2 retails, one bedroom and 2 bedrooms units,Two retail units on street level are being occupied by long time tenant for bakery business, two residential units on second floor with two level each and back porches, 2 bedroom unit just renovated with new plumbing, electrical, brand new kitchen and bath, refinished hardwood floors, kitchen feature new cabinets, stainless steel appliances, quartz counter top, new laminate water proof floor, bathroom with new vanity, tile floor, toilet and refinished bathtub.one bedroom unit is in good condition. 2 years old vinyl siding and gutters, newer heating systems and hot water tanks. Security surveillance cameras around outside of the building and in the basement High traffic location for businesses and great neighborhood., easy access to public transportation, highway and major routes, one mile from commuter rail.
Open House
No scheduled Open Houses
Highlights
Basement Features: Full, Walk Out, Sump Pump
List Price: $999,999
Type: Multi-Family
Multi-Family Type: 4 Family - 4 Units Up/Down
Status: Active
Beds: 3
Baths: 4
Units: 4
Year Built: 1910
Approx. GLA: 2,476
MLS#: 72508177
 
Interior
Basement: Yes
Heating Units: 3
Flooring: Tile, Laminate, Hardwood
Energy: Insulated Windows, Storm Doors
Hot Water: Natural Gas, Tank
Lead Paint: Unknown
Total Floors: 3
Exterior
Water: No
Acres: 0.11
Lot Size: 4,694.00
Lot Description: Paved Drive, Level
Foundation: Other (See Remarks)
Parking Spaces: 7
Parking Features: Off-Street, Common, Paved Driveway
Road Type: Public
Construction: Frame
Roof Material: Asphalt/Fiberglass Shingles
Utility: for Gas Range, for Gas Oven
Exterior: Vinyl
Exterior Features: Porch, Gutters
Water: City/Town Water
Water: City/Town Water
Taxes
Short Sale Lender Approval: No
Lender Owned: Unknown
APOD Available: No
Assessed Price: $688,300
Taxes: $8,466
Tax Year: 2018
Book/Page: 63119/409
Beach
Beach: No
Expenses
Gross Income: $43,200
Net Income: $43,200
 
Additional
Amenities: Highway Access, T-Station
Disclosure Declaration: No
Disclosure: Total annual gross income $69,600 is estimated including for 2 bedrooms unit ($2200/m) base on market value and condition. some asbestos in basement. Buyer and buyer's agent to do own due diligence.
Units
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 4 2 0 2 1 0 No 2
Unit 2 3 1 0 2 1 0 Yes 2 $1,500
Units Extras
Unit 1
Rent Includes:  Water  Applicances:  Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer  Heating:  Hot Water Radiators, Gas  Interior:  Remodeled, Hardwood Floors, Upgraded Cabinets, Upgraded Countertops, Balcony/Deck  Rooms:  Living Room, Kitchen 
Unit 2
Rent Includes:  Water  Applicances:  Range, Dishwasher, Refrigerator, Washer, Dryer  Heating:  Hot Water Radiators, Gas  Interior:  Hardwood Floors, Balcony/Deck  Rooms:  Living Room, Kitchen 
Unit 3
Rent Includes:  Water 
Map
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The listing office is Central Real Estate and the listing agent is Derrick Tai Truong. The property listing data and information, or the images, 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, and the images, 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 may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and it's subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein. The data was last modified on 12/18/2018 2:44:00 PM.
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