Beds10
Baths4Full21/2
Sq.Ft.4,320
Year1910
Five Market Realty Group LLC
(978) 539-7335
Status:
Active
Property Type:2 Family - 2 Units Up/Down
MLS #:73098627
Sq. Feet:4,320
On Site:163 Days
Lot Size:0.14 Acres
County:Middlesex
Investment opportunity with high potential! This income producing property offers 10 bedrooms, 4 full and 2 half bathrooms on 3 levels with fully applianced kitchens, situated in a prime location near Boston College. The house is in very good condition, with soaring ceilings and gleaming hardwood floors. The seller has updated the kitchen countertops and hot water tanks. Unit 1 features 5 bedrooms, 2.5 bathrooms and is currently leased until 8/31/23 for $7,350/mo. Unit 2 offers the same layout and is leased until 8/31/23 for $7,700/mo. The property comes with off-street parking spaces, including a 2-car garage. The unfinished basement has separately metered utilities.Tenants are responsible for all utilities and snow removal, while the owner pays for water. With its great condition and prime location, this property offers a fantastic investment opportunity.Super close proximity to BC. Don't miss out on the chance to acquire this valuable asset and enjoy rental income potential!
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Detailed Maps
Price Change History
| Date | Old Price | New Price | Percent Change |
| 6/1/2023 | $2,350,000 | $2,290,000 | -2.6% |
Community Information
Address:62 Algonquin Road, Newton, MA 02467
County:Middlesex
City:Newton
Zip Code:02467
Architecture
Bedrooms:
10
Bathrooms:
4 Full / 2 Half
Year Built:1910
Stories:3
Building Area: 4320
Roof: Shingle
Foundation: Concrete Perimeter
Basement: Full, Walk-Out Access, Interior Entry, Garage Access, Concrete
Garage Yes/No: Yes
Garage Spaces: 2
Parking Features: Off Street
Covered Spaces: 2
Parking Total: 6
Features / Amenities
Interior Features: Mudroom, Unit 1(Stone/Granite/Solid Counters), Unit 2(Stone/Granite/Solid Counters), Unit 1 Rooms(Living Room, Kitchen, Office/Den), Unit 2 Rooms(Living Room, Kitchen, Office/Den)
Appliances: Unit 1(Range, Dishwasher, Disposal, Microwave, Refrigerator), Unit 2(Range, Dishwasher, Disposal, Microwave, Refrigerator), Utility Connections for Gas Range
Flooring: Wood, Tile, Vinyl, Unit 1(undefined), Unit 2(Hardwood Floors)
Laundry: Laundry Room
Exterior Features: Porch, Deck, Unit 1 Balcony/Deck
Patio And Porch: Porch, Deck
Cooling: Unit 1(None), Unit 2(None)
Heating: Unit 1(Gas), Unit 2(Gas)
Total Rooms:14
Property Features
Lot Size:
0.14 Acres
Lot Features: Corner Lot
Utilities: for Gas Range
Sewer: Public Sewer
Water: Public
Road Responsibility: Public Maintained Road
Zoning:MR1
Directions:GPS - Chestnut Hill
Tax and Financial Info
Tax Year: 2023
Tax Annual Amount: $19,228
Gross Income: $180,600
Net Operating Income: $180,600
Total Actual Rent: $15,050
Rent Includes: Unit 1(Water), Unit 2(Water)
Buyer Agency Compensation: 2
Buyer Agent Compensation: 2
Disclosures: Water & Sewer included in the rent. Lessee responsible for Gas, Electricity, Cable/Wifi. Roof '21 2 assigned parking spots for tenants use only included in the rent. Bldg currently leased until 8/31/23. Currently working on
Listing Agent/Office
Listing provided courtesy of Robin Spangenberg, Redfin Corp..
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Listing Information Last Updated 9/22/2023
