Office - Central Real Estate

56-58 Lexington St, Newton, MA 02465  

West Newton
Type of Comm.
Lot Size
Great opportunity to own mixed use investment property - Building consist of 2 retails, one bedroom and 2 bedrooms unit, 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 flooring, 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
Lot Size: 4,694.00
Acres: 0.11
Area/Village: West Newton
List Price: $999,999
Type: Commercial
Type of Comm.: Commercial
Status: Active
Restrooms: 4
Stories: 3
Buildings: 1
Units: 4
MLS#: 72508937
Acres: 0.11
Lot Size: 4,694.00
Parking Spaces: 7
Parking Features: 1-10 Spaces, Paved Driveway, On Site
Roof Material: Shingle
Site Condition: Level
Utilities: Public Water, Public Sewer, Natural Gas
Short Sale Lender Approval: No
Lender Owned: Unknown
21E On File: No
Condo Assoc.: No
Exchange: No
Taxes: $8,466
Tax Year: 2018
Book/Page: 63119/409
Sublet: No
Total Assesed Value: $688,300
Zone Description: Other (See Remarks)
Retail Sq. Ft.: 910
Retail Units: 2
Residential Sq. Ft.: 1,566
Residential Units: 2
Disclosure Declaration: No
Disclosure: Total annual income $69,600 included estimate ($2200/m) for vacant 2 bedrooms unit base on newly renovated condition and market rent. some asbestos in basement Buyer and buyer's agent to do own due diligence.
For Lease: Yes
Lease Type: Gross
Space Available: For Sale
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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.