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Canceled

167-169 Walker Rd, Swampscott MA 01907

$899,000

Estimated $2,091.20/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $449,500

Total Rent: 28800/year

Estimated CAP Rate: 2.36%

5 Bedrooms

2 Full Baths

2,692 SqFt

Total Parking: 4 (2 Garage)

6,970 SqFt

Welcome to this two-family property nestled within the prestigious Frederick Law Olmsted Historic District. Walking distance to the beach, restaurants, and shops! Unit 1 offers three bedrooms and easy access to a sprawling yard, perfect for outdoor gatherings and relaxation.It needs some work but it swell worth the effort for the equity build! There is a long-term TAW in Unit 1. Unit 2 is recently renovated and boasts two large bedrooms, a high-end gourmet kitchen ideal for culinary enthusiasts, a cozy fireplace for intimate evenings, a loft space for versatile use, and a generous deck, offering the perfect setting for entertaining or enjoying serene sunsets. Experience the epitome of coastal living with this remarkable property, where historic charm meets modern luxury. There is garage parking, a big beautiful yard, and a newer roof. Collect income and offset your cost of living while living in a gorgeous town near the beach!

This home has been viewed 49 times

Last Checked: June 19th, 2024 at 4:18am (Source: MLS PIN #73231947)

Gross Income: $28,800

Gross Expenses: $7,601

Net Income Calc: $21,199

CAP Rate: 2.36%

Beach Front

Annual Expenses for 167-169 Walker Rd, Swampscott MA 01907

Total Gross Expenses (Calculated)$7,601/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$7,601.78

Annual Income & Unit Breakdown for 167-169 Walker Rd, Swampscott MA 01907

Total Gross Income (Calculated)$28,800

Unit 1

Rental Income$2,400

LeaseN

Bedrooms3

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit2

HeatingYes

Rent Includes

General Information for 167-169 Walker Rd, Swampscott MA 01907

Listing ID73231947

Property TypeMulti Family / 2 Family

Price$899,000 ($333.95/SqFt)

Style2 Family - 2 Units Up/down

CitySwampscott

CountyEssex

MLS Area

Neighborhood(s)

Approximate Living Area Total2,692 SqFt

Approximate Lot Size (Acres)0.16 acres

Total Parking4 (2 Garage)

Garage Parking2 / Detached

Year Built1935

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot Features

Foundation Area

Foundation DescriptionStone

Accessible Features

Outdoor Space

ZoningA-2

Zoning Details

Water ViewsNo

Water Views Features

WaterfrontNo

Waterfront FeaturesOcean, Beach Front, 1/2 To 1 Mile To Beach

Energy FeaturesThermostat

Terms

Disclosures for 167-169 Walker Rd, Swampscott MA 01907

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$28,800

Total Net Income By Broker$28,800

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation2

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 167-169 Walker Rd, Swampscott MA 01907

Real Estate Taxes$7,601.78

Tax Year2024

Assessed Value$661,600

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$28,800

BostonRealEstate.com Gross Income

Total Net Income By Broker$28,800

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)2.36%

Location Information for 167-169 Walker Rd, Swampscott MA 01907

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesHouse Of Worship, Public School, Shopping, Public Transportation

Contact Information for 167-169 Walker Rd, Swampscott MA 01907

Agent

Name: The Pallotta Group

Office

Name: Leading Edge Real Estate

Phone: 781-729-5505

Team Members

Name: Nancy S. Pallotta

Phone: 781-258-0722

Payment Calculator

, Interest

Property Taxes 633.48

Principal & Interest 5539.35

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Leading Edge Real Estate

The Pallotta Group

Agent Phone

Office Phone

(781) 729-5505

Text Agent Call Agent Call Office

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                    [modified] => 2024-06-19 04:18:39
                )

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                    [modified] => 2024-06-19 04:18:39
                )

[20] => Array
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                    [index] => 21
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                    [modified] => 2024-06-19 04:18:39
                )

[21] => Array
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                    [id] => 31553239
                    [name] => MLS22.jpg
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                    [index] => 22
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                    [modified] => 2024-06-19 04:18:39
                )

[22] => Array
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                    [id] => 31553240
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                    [index] => 23
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                    [modified] => 2024-06-19 04:18:39
                )

[23] => Array
                (
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                    [name] => MLS24.jpg
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                    [index] => 24
                    [enabled] => 1
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                    [modified] => 2024-06-19 04:18:39
                )

[24] => Array
                (
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                    [name] => MLS25.jpg
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                    [index] => 25
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                    [modified] => 2024-06-19 04:18:39
                )

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                    [index] => 26
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                    [modified] => 2024-06-19 04:18:39
                )

[26] => Array
                (
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                    [name] => MLS27.jpg
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                    [index] => 27
                    [enabled] => 1
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                    [modified] => 2024-06-19 04:18:39
                )

[27] => Array
                (
                    [id] => 31553245
                    [name] => MLS28.jpg
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                    [index] => 28
                    [enabled] => 1
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                    [modified] => 2024-06-19 04:18:39
                )

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                (
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                    [name] => MLS29.jpg
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                    [index] => 29
                    [enabled] => 1
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                    [modified] => 2024-06-19 04:18:39
                )

[29] => Array
                (
                    [id] => 31553247
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                    [index] => 30
                    [enabled] => 1
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                    [modified] => 2024-06-19 04:18:39
                )

[30] => Array
                (
                    [id] => 31553248
                    [name] => MLS31.jpg
                    [type] => gallery
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                    [index] => 31
                    [enabled] => 1
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                    [modified] => 2024-06-19 04:18:39
                )

[31] => Array
                (
                    [id] => 31553249
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                    [index] => 32
                    [enabled] => 1
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                    [modified] => 2024-06-19 04:18:39
                )

[32] => Array
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                    [id] => 31553250
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                    [index] => 33
                    [enabled] => 1
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                    [modified] => 2024-06-19 04:18:39
                )

)

)

EXIT