Attention investors, developers, and homebuyers! Don’t miss this rare opportunity to own a 3-family property in highly desirable Newton Corner. This versatile building offers incredible potential—whether for condo conversion or strong rental income. Each spacious, sun-filled...
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Last Checked: June 2nd, 2025 at 4:53am (Source: MLS PIN #73357289)
Gross Income: $124,800
Gross Expenses: $18,721
Net Income Calc: $106,079
CAP Rate: 5.44%
Annual Expenses for 34 Channing St, Newton MA 02458
Total Gross Expenses (Calculated)$18,721/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$18,721
Annual Income & Unit Breakdown for 34 Channing St, Newton MA 02458
Total Gross Income (Calculated)$124,800
Unit 1
Rental Income$3,500
LeaseY
Bedrooms4
Bathrooms2 Full
Floor1
Levels in Unit2
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water)
Unit 2
Rental Income$3,100
LeaseY
Bedrooms3
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water)
Unit 3
Rental Income$3,800
Lease
Bedrooms5
Bathrooms2 Full
Floor3
Levels in Unit2
HeatingYes
Rent IncludesUnit 1(water), Unit 2(water)
General Information for 34 Channing St, Newton MA 02458
Listing ID73357289
Property TypeMulti Family / 3 Family
Price$1,950,000 ($365.37/SqFt)
Style3 Family
CityNewton
CountyMiddlesex
MLS Area
Neighborhood(s)
Approximate Living Area Total5,337 SqFt
Approximate Lot Size (Acres)0.08 acres
Total Parking5
Garage Parking
Year Built1910
Year Built SourcePublic Records
Year Renovated
Year Built DetailsActual
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot Features
Foundation Area
Foundation DescriptionConcrete Perimeter
Accessible Features
Outdoor SpacePatio
ZoningBU1
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 34 Channing St, Newton MA 02458
Lead Paint
UFFI
Living Area Includes BasementYes
Living Area DisclosureLiving area includes finished basement & attic
Building Area SourcePublic Records
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$20,000
Total Gross Income By Broker$124,800
Total Net Income By Broker$104,800
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Financial Information for 34 Channing St, Newton MA 02458
Real Estate Taxes$18,721
Tax Year2024
Assessed Value$1,918,100
Financial Data Source
Total Gross Expenses By Broker$20,000
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$124,800
BostonRealEstate.com Gross Income
Total Net Income By Broker$104,800
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)5.44%
Location Information for 34 Channing St, Newton MA 02458
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesHighway Access, Public School, Shopping, Public Transportation
Contact Information for 34 Channing St, Newton MA 02458