The St. Martin Team - Westford MA Real Estate
Westford Massachusetts | 978-935-9500 | Info@StMartinTeam.com

745-747 Boylston St, Newton, MA 02461

Newton Highlands

Multi-Family

$1,000,000
Price

2
Units
2,460
Approx. GLA
Highly sought after two-family home in the heart of Newton Highlands is waiting for you! Convenient location with an impressive gross income of $67,200 and a 5+ CAP rate. Enter the well kept first floor unit that offers two ample bedrooms, large kitchen, dining room, Living room and office. The second unit has a similar floor-plan to the first with an additional two bedrooms and a full bathroom on the third level for a total of 4 BR/ 2BA (see disclosure). Both units feature gleaming hardwood floors and Plenty of natural light throughout the properties open, airy layout. Other special highlights include laundry hook ups in the walk out basement, 6 off street parking spots, solar panels (buyers to assume solar lease) and great commuter access. Add your finishing touches and some landscaping to really make this one shine! Please see our 3D interactive interior tour attached to the listing and MLS attachments for more information.
Open House
No scheduled Open Houses
Highlights
Area/Village: Newton Highlands
Basement Features: Partial, Walk Out, Interior Access, Concrete Floor, Unfinished Basement, Exterior Access
List Price: $1,000,000
Type: Multi-Family
Multi-Family Type: 2 Family - 2 Units Up/Down
Status: Active
Beds: 6
Baths: 3
Units: 2
Year Built: 1925
Year Round: Yes
Approx. GLA: 2,460
MLS#: 72672996
 
 
Interior
Basement: Yes
Electric Features: Circuit Breakers
Flooring: Wood, Tile, Wall to Wall Carpet, Varies Per Unit, Hardwood
Energy: Insulated Windows, Solar Features
Fireplaces: 2
Rooms: 14
Lead Paint: Unknown
Total Floors: 3
UFFI: Unknown
Exterior
Water: No
Acres: 0.13
Lot Size: 5,702.00
Lot Description: Paved Drive, Cleared, Gentle Slope, Level
Foundation: Concrete Block, Fieldstone
Parking Spaces: 6
Parking Features: Off-Street, Improved Driveway, Stone/Gravel, Paved Driveway, Unpaved Driveway
Road Type: Public, Paved, Publicly Maint., Sidewalk
Construction: Frame
Roof Material: Asphalt/Fiberglass Shingles
Exterior: Vinyl
Exterior Features: Porch
Water: City/Town Water
Water: City/Town Water
Taxes
Short Sale Lender Approval: No
Lender Owned: No
APOD Available: Yes
Assessed Price: $776,500
Taxes: $8,107
Tax Year: 2020
Book/Page: 70996/68
Beach
Beach: No
Expenses
Expenses Source: Estimated, Owner Provided, Limited Information
Gross Income: $67,200
Gross Expenses: $4,195
Total Rent: $5,600
Net Income: $67,200
Insurance Cost: $1,529
R&M Cost: $866
Water Cost: $2,200
 
Additional
Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, Public School, T-Station
Exclusions: All property belonging to tenants.
Disclosure Declaration: No
Disclosure: Previous listing mentions there are no permits on file for 3rd floor remodel done by previous owner. Buyers and buyers agents responsible for all due diligence. Property is being offered "AS IS". Buyer to assume solar lease.
Units
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 6 2 1 1 1 0 Yes 1 $2,200
Unit 2 8 4 1 2 2 0 Yes 2 $3,400
Units Extras
Unit 1
Cooling:  Ductless Mini-Split System  Applicances:  Range, Refrigerator  Heating:  Gas  Rooms:  Living Room, Dining Room, Kitchen, Office/Den, Sunroom 
Unit 2
Cooling:  Ductless Mini-Split System  Applicances:  Range, Refrigerator  Heating:  Gas  Rooms:  Living Room, Dining Room, Kitchen, Office/Den, Sunroom 
Common
Rooms:  Laundry 
The listing office is P & H Property Consulting, Inc. and the listing agent is Phillip Olivo Group. 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.
 
St. Martin Team
St. Martin Team
LAER Realty Partners