OFFER ACCEPTED - OPEN HOUSE CANCELED! , Rare 2 family East Lexington Home! Ideal for extended families, income property or separate office space makes working from home a dream. Offering expansion potential (Need approval from the Historic District Commission, attached architect plans). The main house has a front entrance, kitchen, two bedrooms, living/dining room,. washer dryer, a pull down stairs to a large attic area for storage and an enclosed deck. The second apartment is a garden style one bedroom apartment with an eat-in kitchen, living room, bathroom and laundry room. Entrance is from the driveway parking area - there are no steps. Distinct space for in-laws, au pair, or income production; The home is set back from 905 Massachusetts Avenue. The driveway is shared with three other homes. There is a Right of Way encroachment. There is an oversized gravel driveway for 6 cars. Great location, Near Wilson's Farm, the Great Meadows, bus stop to Alewife, and the Minuteman Bikeway.
This home has been viewed 56 times
Last Checked: May 7th, 2024 at 1:51am (Source: MLS PIN #73061562)
Gross Income: $24,000
Gross Expenses: $8,542
Net Income Calc: $15,458
Annual Expenses for 905C Massachusetts, Lexington MA 02420
Total Gross Expenses (Calculated)$8,542/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax8542.2
Annual Income & Unit Breakdown for 905C Massachusetts, Lexington MA 02420
Total Gross Income (Calculated)$24,000
Unit 1
Rental Income$0
LeaseY
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
Rent IncludesHeat
General Information for 905C Massachusetts, Lexington MA 02420
Listing ID73061562
Property TypeMulti Family / 2 Family
Price899000 ($647.69/SqFt)
Style2 Family - 2 Units Up/down
CityLexington
CountyMiddlesex
Neighborhood(s)
Approximate Living Area Total1388
Approximate Lot Size (Acres)0.11
Total Parking6
Garage Parking0
Year Built1925
Year Built SourcePublic Records
Year Built DetailsRenovated Since
WaterPublic
SewerPublic Sewer
Electric
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
Basement
Construction MaterialsFrame
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor Space
ZoningRS
Water Views
Water Views Features
Waterfront Features
Terms
Disclosures for 905C Massachusetts, Lexington MA 02420
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourceMeasured
ExclusionsPersonal Belongings
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 Compensation0
Compensation Based OnGross/full Sale Price
Financial Information for 905C Massachusetts, Lexington MA 02420
Real Estate Taxes8542.2
Tax Year2022
Assessed Value$619,000
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 905C Massachusetts, Lexington MA 02420
Elementary SchoolBowman
Middle SchoolClarke
High SchoolLexington High
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 905C Massachusetts, Lexington MA 02420