Opportunity knocks! This wonderful Newton Centre 3 family home has been in the same family for 73 years! The owners unit (175 Cypress) is a three level town home style consisting of a spacious living room, formal dining room, updated eat in kitchen, four family size bedrooms and two full baths. There is also a partially finished lower level with so much potential. The two rental units (173 Cypress) each consist of a sun filled living room, large eat-in kitchen, two good size bedrooms, a bonus room and in unit laundry. This home has been lovingly maintained and updated throughout the years. It sits on large 13,566 sq ft lot, with plenty of parking. Steps to Bowen elementary school, a short walk to Newton Centre T station, restaurants and shops. The current tenants will be out by end of June. This is a must see!
This home has been viewed 43 times
Last Checked: May 7th, 2024 at 7:21am (Source: MLS PIN #73106871)
Gross Income: $0
Gross Expenses: $17,829
Net Income Calc: $17,829
Annual Expenses for 173-175 Cypress Street, Newton MA 02459
Total Gross Expenses (Calculated)$17,829/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax17829
Annual Income & Unit Breakdown for 173-175 Cypress Street, Newton MA 02459
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseN
Bedrooms4
Bathrooms2 Full, 1 Half
Floor1
Levels in Unit3
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 3
Rental Income$0
Lease
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
General Information for 173-175 Cypress Street, Newton MA 02459
Listing ID73106871
Property TypeMulti Family / 3 Family
Price1999900 ($496.75/SqFt)
Style3 Family
CityNewton
CountyMiddlesex
MLS AreaNewton Center
Neighborhood(s)
Approximate Living Area Total4026
Approximate Lot Size (Acres)0.31
Total Parking10 (2 Garage)
Garage Parking2
Year Built1900
Year Built SourcePublic Records
Year Built DetailsActual
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot Features
Foundation Description
Accessible Features
Outdoor Space
ZoningSR3
Water Views
Water Views Features
Waterfront Features
Terms
Disclosures for 173-175 Cypress Street, Newton MA 02459
Lead Paint
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsAll Appliances To Remain.
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
Compensation Based OnGross/full Sale Price
Financial Information for 173-175 Cypress Street, Newton MA 02459
Real Estate Taxes17829
Tax Year2023
Assessed Value$1,751,400
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 173-175 Cypress Street, Newton MA 02459
Elementary SchoolBowen
Middle SchoolBrown
High SchoolSouth
Neighborhood(s)
MLS AreaNewton Center
Area AmenitiesWalk/jog Trails
Contact Information for 173-175 Cypress Street, Newton MA 02459