Overview Property Details Payment Calculator Walkability

Active

34 Channing St, Newton MA 02458

$1,950,000

Estimated $4,722/month Calculator

Multi Family

Total Units: 3

Price Per Unit: $650,000

Total Rent: 124800/year

Estimated CAP Rate: 5.44%

11 Bedrooms

5 Full Baths

5,337 SqFt

Total Parking: 5

3,350 SqFt

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...

This home has been viewed 22 times

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

Agent

Name: Tiesong Ma

MLS ID: H9500325

Office ID: AN1807

National Association ID: 449540474

Address: 31 Bird Street

City: Needham

State: MA

Zip: 02492

Office

Name: United Real Estate, LLC

MLS Office ID: AN1807

Phone: 781-453-8818

Payment Calculator

$13,575.36 per month

30 Years Fixed, 6.75% Interest

Property Taxes $1,560.08

Principal & Interest $12,015.28

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

United Real Estate, LLC

Tiesong Ma

Agent Phone

Office Phone

(781) 453-8818

Text Agent Call Agent Call Office

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34 Channing St, Newton MA 02458

$1,950,000

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