Open House Today, Sunday, 12 - 1:30. Come view this spacious, 4,700 s.f. Newtonville 2 unit multi-family, and see how it can work for you! Smart alternative to a single family, Unit 1 rental income pays a nice amount of the mortgage. Owner's unit (Unit 2) has approx 2,550 sf, 5 BR and 2.5 BA, with a flexible floor plan and in-unit laundry. Can also work well for multi-generational living. Unit 1 has 4 BR, 3 BA and is leased through 5/31/25. Both units have separate,fenced private yard space. Equidistant to FA Day & Newton North. This home features solar panels, an electric vehicle charging port in the garage, and an excellent location that is convenient to everything - commuter roadways, commuter rail, bus service, Whole Foods and a variety of shops and restaurants. This property has always enjoyed an excellent rental history, Both units have Matterport tours. First floor unit is shown only on second showings.
— MLSPIN #: 73260493Map of 101 Central Ave, Newton, MA 02460
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| List Price: | $1,850,000 |
|---|---|
| Status: | Active |
| MLS ID: | 73260493 |
| Town: | Newton |
| County: | Middlesex |
| Zip: | 02460 |
| Property Type: | Residential Income |
| Property Sub Type: | 2 Family - 2 Units Up/Down |
| Bedrooms: | 9 |
| Full Baths: | 5 |
| Half Baths: | 1 |
| Living Area: | 4,700 sqft |
| Acres: | 0.19 |
| Taxes: | 13,769 |
| Appliances: | Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer, Disposal |
| Cooling: | Window Unit(s), Wall Unit(s) |
| Flooring: | Wood, Tile, Vinyl, Carpet, Varies, Hardwood, Stone/Ceramic Tile |
| Heating: | Electric, Hot Water, Unit Control, Steam, Common, Wall Unit |
| Lot Features: | Gentle Sloping |
| Parking Features: | Paved Drive, Assigned, Paved |
| Status: | Active |
| Water Source: | Public |
| Year Built: | 1854 |
| Roof: | Shingle, Rubber |
| Window Features: | Skylight(s), Insulated Windows |
| Directions: | Washington or Crafts St to Central Ave (Across from Court St) |
| Laundry Features: | Gas Dryer Hookup, Washer Hookup |
| Foundation Details: | Concrete Perimeter, Stone, Irregular |
| Postal Code Plus4: | 1711 |
| Electric: | 110 Volts, Circuit Breakers, 200+ Amp Service, Common |
| Construction Materials: | Frame |
| Listing Contract Date: | 2024-07-05 |
| Cooling?: | Yes |
| Garage?: | Yes |
| Heating?: | Yes |
| Lot Size Area: | 0.19 |
| Lot Size Square Feet: | 8,375 |
| Rooms Total: | 20 |
| Green Energy Generation: | Solar |
| Bathrooms Total Integer: | 6 |
| Basement: | true |
| Basement: | Full, Partial, Garage Access |
| Building Area Source: | Owner |
| Building Area Total: | 4,700 |
| Community Features: | Public Transportation, Shopping, Pool, Tennis Court(s), Park, Golf, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, T-Station, University, Other |
| Exterior Features: | Rain Gutters |
| Interior Features: | Bathroom with Shower Stall, Lead Certification Available, Internet Available - Broadband, Living Room, Dining Room, Kitchen, Office/Den, Laundry Room |
| Living Area Units: | Square Feet |
| Lot Size Units: | Acres |
| Number Of Units Total: | 2 |
| Open Parking?: | Yes |
| Parcel Number: | S:23 B:023 L:0004, 686097 |
| Patio And Porch Features: | Porch, Patio |
| Rent Includes: | Unit 1(Heat, Electric, Gas, Water, Hot Water, Other (See Remarks)), Unit 2(Heat, Electric, Gas, Water, Hot Water, Other (See Remarks)) |
| Road Frontage Type: | Public |
| Sewer: | Public Sewer |
| Utilities: | for Gas Range, for Gas Dryer, Washer Hookup, Varies per Unit |
| Zoning: | MR1 |
| Covered Spaces: | 2 |
| Elementary School: | Horace Mann |
| Garage Spaces: | 2 |
| High School: | Newton North |
| Middle Or Junior School: | F A Day |
| Stories Total: | 3 |
| Year Built Source: | Public Records |
| Disclosures: | Seller has not lived in house for many years. 2nd floor has letter of Lead compliance. Third floor has lead paint. First floor unkown. See attached reports. Prev termite treatment. Rents are gross. Utilities not fully separated. Floor Plans for marketing purposes only |
| Electric Expense: | $6,761 |
| Farm Land Area Units: | Square Feet |
| Financial Data Source: | Owner |
| Gross Income: | $76,500 |
| Gross Scheduled Income: | $6,340 |
| Listing Agreement: | Exclusive Right To Sell, Facilitation/ER w/Dual Rate Comm. |
| Apod Available: | Yes |
| Color: | Gray |
| Disclosure: | No |
| Dpr Flag: | No |
| Flrs 1: | 1 |
| Flrs 2: | 2 |
| Gre: | 17,842 |
| Heat Units: | 2 |
| Heat Zones: | 2 |
| Lead Paint: | Yes, Certified Treated |
| Lease 1: | Yes |
| Lease 2: | No |
| Levels 1: | 1 |
| Levels 2: | 2 |
| Listing Alert: | No |
| List Price Per Sqft: | $393.62 |
| Mse: | 1,591 |
| Page: | 0 |
| Price Per Sqft: | $393.62 |
| Square Feet Disclosures: | Fireplace is decorative, not in use. |
| Square Feet Incl Base: | No |
| Sub Agency Offered: | No |
| Net Operating Income: | $76,500 |
| Operating Expense: | $17,842 |
| Original List Price: | $1,850,000 |
| Parking Total: | 4 |
| Tax Assessed Value: | $1,410,800 |
| Tax Year: | 2024 |
| Total Actual Rent: | $6,375 |
| Water Sewer Expense: | $3,150 |
| Year Built Details: | Approximate |
| Waterview Flag: | No |
| Bedrms 1: | 4 |
| Bedrms 2: | 5 |
| F Bths 1: | 3 |
| F Bths 2: | 2 |
| Hot Water: | Natural Gas, Tank |
| H Bths 2: | 1 |
| Rent1: | 6,375 |
Disclaimer:
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, landlords 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, leasing or renting 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, leasing or renting. MLS Property Information Network, Inc. and its 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.
MLS Property Information Network, Inc. data last updated on November 23, 2024 08:52 AM
Property Last Updated: November 19, 2024 08:49 AM
Listing Courtesy of: Keller Williams Realty
Listing Agent: Stig Bergquist
617-413-2539
