Wow! Fantastic 4 unit investment property situated on a corner lot in desirable Newton neighborhood. This BU2 zoned property consists of three spacious one bedroom residential units and one commercial space. Two of the three apartments are currently rented. The 3rd apartment is freshly painted and ready for a new tenant. The commercial space has a long term tenant that runs a catering business. All of the leases are currently month to month. All units are separately metered and tenants pay their own utilities. Heating systems, electrical panels and roof are in good condition. There is plenty of parking for the building. Walking distance to restaurants, shops, and public transportation. This is a great opportunity! Don't miss out!
— MLSPIN #: 73352941Map of 158 Adams Street, Newton, MA 02458
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| List Price: | $1,350,000 |
|---|---|
| Status: | Price Change |
| MLS ID: | 73352941 |
| Town: | Newton |
| County: | Middlesex |
| Zip: | 02458 |
| Property Type: | Residential Income |
| Property Sub Type: | 4 Family |
| Bedrooms: | 3 |
| Full Baths: | 3 |
| Half Baths: | 1 |
| Living Area: | 3,045 sqft |
| Acres: | 0.1 |
| Lot Features: | Corner Lot |
| Parking Features: | Off Street |
| Status: | Active |
| Water Source: | Public |
| Year Built: | 1895 |
| Roof: | Shingle |
| Directions: | Watertown street to Adams Street |
| Foundation Details: | Stone |
| Electric: | Circuit Breakers |
| Construction Materials: | Frame |
| Listing Contract Date: | 2025-04-01 |
| Lot Size Area: | 0.1 |
| Lot Size Square Feet: | 4,180 |
| Rooms Total: | 11 |
| Bathrooms Total Integer: | 4 |
| Basement: | true |
| Basement: | Full, Partially Finished |
| Building Area Source: | Public Records |
| Building Area Total: | 3,045 |
| Community Features: | Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, University |
| Levels: | 5 |
| Living Area Units: | Square Feet |
| Lot Size Units: | Acres |
| Number Of Units Total: | 4 |
| Parcel Number: | 683919 |
| Patio And Porch Features: | Porch, Deck - Roof |
| Road Frontage Type: | Public |
| Sewer: | Public Sewer |
| Zoning: | BU2 |
| Exclusions: | All Of Tenants Belongings And All Catering Equipment. |
| Stories Total: | 5 |
| Year Built Source: | Public Records |
| Disclosures: | Seller has not lived in the property. House is being sold "As is". Buyers to do own due diligence and verify all of the information on listing. |
| Farm Land Area Units: | Square Feet |
| Gross Income: | $69,600 |
| Listing Agreement: | Exclusive Right To Sell |
| Apod Available: | No |
| Color: | Yellow |
| Comp Based On: | Compensation Offered but Not in MLS |
| Disclosure: | No |
| Dpr Flag: | Yes |
| Flrs 1: | 1 |
| Flrs 2: | 1 |
| Flrs 3: | 2 |
| Flrs 4: | 1 |
| Heat Units: | 4 |
| Lead Paint: | Unknown |
| Lease 1: | No |
| Lease 2: | No |
| Levels 1: | 1 |
| Levels 2: | 1 |
| Levels 3: | 1 |
| Levels 4: | 1 |
| Listing Alert: | No |
| List Price Per Sqft: | $443.35 |
| Page: | 220 |
| Price Per Sqft: | $443.35 |
| Square Feet Incl Base: | No |
| Sub Agency Offered: | No |
| Net Operating Income: | $69,600 |
| Original List Price: | $1,500,000 |
| Parking Total: | 6 |
| Tax Year: | 2025 |
| Total Actual Rent: | $5,800 |
| Year Built Details: | Actual |
| Bedrms 1: | 1 |
| Bedrms 2: | 1 |
| Bedrms 3: | 1 |
| F Bths 1: | 1 |
| F Bths 2: | 1 |
| F Bths 3: | 1 |
| Hot Water: | Natural Gas |
| H Bths 4: | 1 |
| Rent1: | 1,650 |
| Rent3: | 1,950 |
| Rent4: | 2,200 |
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 April 18, 2025 08:54 PM
Property Last Updated: April 17, 2025 05:16 PM
Listing Courtesy of: Coldwell Banker Realty - Newton
Listing Agent: Demeo Team
617-650-2864
