Great opportunity and flexibility on this condo conversion, can be bought as a 2-family for $1,450,000 or separately for $715,000 each. Duplex style beautifully renovated unit with updated kitchen & baths, hardwood floors, central air, and 2 off-street parking. Unit has a finished basement, perfect for an office or gym. High potential rental income. The two units have expansion potential to increase value and return on investment on a 9500 sqft lot.Great location for commuters, close to Routes 9 & 128 and only minutes from The Street at the Chestnut Hill shops. seeMLS3's 73315224 & 73315229. Seller is highly motivated, bring offers!
This listing has been viewed 36 times in the past 11 days
Last Updated: November 27th, 2024 at 7:03am
Walk/jog Trails
Highway Access
House Of Worship
Public School
Shopping
Park
T-station
General Information for 22-24 Mechanic St, Newton, Massachusetts 02464
Property TypeResidential Income
Property Sub TypeMulti Family
Price$1,450,000
Price per sqft$687.20
MLS #73315229
Handicap Access / FeaturesNo
List Date2024-11-22
Special Listing Conditions
StateMassachusetts
Street NameMechanic St
CityNewton
Zip Code02464
CountyMiddlesex
MLS Status
Covered Parking Spaces0
Heating Y/NNo
Heating System
Heat Zones1
Sold Date
Property Sub TypeMulti Family
Building Area SourcePublic Records
Building Area Total2110
Building Area Units0
CarportNo
Close Date
Close Price$0
Covered Parking Spaces0
Listing Service
UnparsedAddress22-24 Mechanic St, Newton MA 02464
Zoning
Interior Features for 22-24 Mechanic St, Newton, Massachusetts 02464
* Approx. Living Area Total2,110 sq ft
Living Area Includes BasementYes
Bedrooms4
* # Fireplaces0
Bathrooms (Total)3.5
Full Baths3
* # Half Baths1
* # Rooms
Basement
Heating System
Appliances
1
Electric
Living Area DisclosureMeasurements deemed highly reliable, but not guara
Living Area Includes BasementYes
Door Features
ElectricNo
Electric$0
MLS Area (Major)
MLSPIN_BEDRMS_12
MLSPIN_BEDRMS_22
MLSPIN_BEDRMS_3
MLSPIN_BEDRMS_4
MLSPIN_FLRS_1
MLSPIN_FLRS_2
MLSPIN_FLRS_3
MLSPIN_FLRS_4
MLSPIN_F_BTHS_11
MLSPIN_F_BTHS_21
MLSPIN_F_BTHS_3
MLSPIN_F_BTHS_4
MLSPIN_GRE$0
MLSPIN_HTE$0
MLSPIN_H_BTHS_11
MLSPIN_H_BTHS_21
MLSPIN_H_BTHS_3
MLSPIN_H_BTHS_4
OffMarketDate
Exterior Features for 22-24 Mechanic St, Newton, Massachusetts 02464
* Approximate Lot Size0.22 acres
Covered Parking Spaces0
Lot FeaturesLevel
* Parking Spaces4
* Sewer Utilities
* Water Utilities
* Year Built1830
Year Built Details
Year Built SourcePublic Records
Construction Materials
Exterior Features
Foundation Area99999
Foundation MaterialsOther
Approx. Street Frontage
Horse PermittedNo
Horse Amenities
Parking Features
Utilities
Lot Size (Square Feet)9,500 Sqft
Disclosures for 22-24 Mechanic St, Newton, Massachusetts 02464
Buyer Agent Compensation2.5
Contingency
Financing
Disclosures
Documents Available
Exclusions
MLSPIN_COMP_BASED_ON
MLSPIN_COOP_COMP
MLSPIN_DISCLOSUREN
Lead PaintUnknown
Living Area DisclosureMeasurements deemed highly reliable, but not guara
Living Area Includes BasementYes
Facilitator Compensation
TransactionBrokerCompensationType
BuyerAgencyCompensationType%
Financial Information for 22-24 Mechanic St, Newton, Massachusetts 02464
Assessed Value
Real Estate Tax$0
Tax Year
Financial Data Source
Gross Income$34,800
Insurance Expense$0
MLSPIN_LEASE_1
MLSPIN_LEASE_2
MLSPIN_LEASE_3
MLSPIN_LEASE_4
MLSPIN_LEVELS_12
MLSPIN_LEVELS_23
MLSPIN_LEVELS_3
MLSPIN_LEVELS_4
MLSPIN_MGF$0
MLSPIN_MSE$0
MLSPIN_RENT12900
MLSPIN_RENT22975
MLSPIN_RENT3
MLSPIN_RENT4
MLSPIN_RFS$0
MLSPIN_RME$0
MLSPIN_SOLD_PRICE_PER_SQFT$0
NetOperatingIncome$34,800
OperatingExpense$0
OriginalListPrice$1,450,000
RENT_FEE_INCLUDES
TOTAL_RENT5875
WaterSewerExpense$0
Lifestyle Information for 22-24 Mechanic St, Newton, Massachusetts 02464
FireplaceYNNo
Frontage Type
GarageYNNo
Waterview
Pool Features
Waterfront Features
Location information for 22-24 Mechanic St, Newton, Massachusetts 02464
Elementary School
Middle School
High School
NumberOfUnitsTotal2
Marketing History for 22-24 Mechanic St, Newton, Massachusetts 02464
MLSPIN_MARKET_TIME_BROKER4
MLSPIN_MARKET_TIME_PROPERTY4
PurchaseContractDate
Agent Information for 22-24 Mechanic St, Newton, Massachusetts 02464