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47-49 Gardner St, Newton MA 02458

$1,050,000

Estimated $2,402/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $525,000

Total Rent: 57600/year

Estimated CAP Rate:

5 Bedrooms

Baths

2352

Total Parking: 5 (2 Garage)

4,062 (0.09)

Excellent opportunity coupled with unlimited financial potential. Seeking investors, homeowner's and renovators alike. First chance to purchase and restore to beauty this 1920's multi family residence. Upside investment for those with vision and creative flair. Home is desirably and conveniently located in the bustling village of Newton Corner. Offering yesteryear's charm on a suburban Newton street with similar homes and warm community feel. 2/3 bedroom units, 2 car garage under, HW throughout, laundry, porch, full basement for storage. Commuter's suburban dream location. Both walkable and bikeable in addition to easy access routes to Mass. Pike, Storrow Drive, BC, finest Cambridge and Boston Universities and excellent Newton schools. Bonus....Charming Nonantum and West Newton Villages with abundant shopping and restaurants at your doorstep. Possible condo conversion. Bring your bids and ideas. Won't last at this competitive price!

This home has been viewed 43 times

Last Checked: May 7th, 2024 at 4:16am (Source: MLS PIN #73087549)

Gross Income: $57,600

Gross Expenses: $8,397

Net Income Calc: $49,203

Annual Expenses for 47-49 Gardner St, Newton MA 02458

Total Gross Expenses (Calculated)$8,397/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax8397

Annual Income & Unit Breakdown for 47-49 Gardner St, Newton MA 02458

Total Gross Income (Calculated)$57,600

Unit 1

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseY

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

Rent IncludesHeat

General Information for 47-49 Gardner St, Newton MA 02458

Listing ID73087549

Property TypeMulti Family / 2 Family

Price1050000 ($446.43/SqFt)

Style2 Family - 2 Units Up/down

CityNewton

CountyMiddlesex

MLS AreaNewton Corner

Neighborhood(s)

Approximate Living Area Total2352

Approximate Lot Size (Acres)0.09

Total Parking5 (2 Garage)

Garage Parking2

Year Built1920

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningMR2

Water Views

Water Views Features

Waterfront Features

Terms

Disclosures for 47-49 Gardner St, Newton MA 02458

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsAll Personal Property.

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 Compensation2.5

Facilitator Compensation2.5

Compensation Based OnNet Sale Price

Financial Information for 47-49 Gardner St, Newton MA 02458

Real Estate Taxes8397

Tax Year2023

Assessed Value$824,900

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 47-49 Gardner St, Newton MA 02458

Elementary SchoolLincoln-Eliot

Middle SchoolBigelow

High SchoolNewton North

Neighborhood(s)

MLS AreaNewton Corner

Area AmenitiesWalk/jog Trails

Contact Information for 47-49 Gardner St, Newton MA 02458

Agent

Name: Bill Skerry

Office

Name: Keller Williams Realty

Phone: 617-969-9000

Payment Calculator

, Interest

Property Taxes 699.75

Principal & Interest 6469.77

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Keller Williams Realty

Bill Skerry

Agent Phone

Office Phone

(617) 969-9000

Text Agent Call Agent Call Office

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EXIT

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