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 58 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
Water Views
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 Tax7601.78
Annual Income & Unit Breakdown for 167-169 Walker Rd, Swampscott MA 01907
Total Gross Income (Calculated)$28,800
Unit 1
Rental Income$0
LeaseN
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit2
Rent Includes
General Information for 167-169 Walker Rd, Swampscott MA 01907
Listing ID73231947
Property TypeMulti Family / 2 Family
Price899000 ($333.95/SqFt)
Style2 Family - 2 Units Up/down
CitySwampscott
CountyEssex
Neighborhood(s)
Approximate Living Area Total2692
Approximate Lot Size (Acres)0.16
Total Parking4 (2 Garage)
Garage Parking2
Year Built1935
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
Basement
Construction Materials
Lot Features
Foundation Description
Accessible Features
Outdoor Space
ZoningA-2
Water ViewsNo
Water Views Features
Waterfront FeaturesRiver
Terms
Disclosures for 167-169 Walker Rd, Swampscott MA 01907
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsDr And Kitchen Chandeliers
Financial Data Source
Total Gross Expenses By Broker
Total Gross Income By Broker
Total Net Income By Broker
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2
Facilitator Compensation2
Compensation Based OnNet Sale Price
Financial Information for 167-169 Walker Rd, Swampscott MA 01907
Real Estate Taxes7601.78
Tax Year2024
Assessed Value$661,600
Financial Data Source
Total Gross Expenses By Broker
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker
BostonRealEstate.com Gross Income
Total Net Income By Broker
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
Location Information for 167-169 Walker Rd, Swampscott MA 01907
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 167-169 Walker Rd, Swampscott MA 01907