Coleman & Sons Real Estate
451 Main St, Waltham, MA 02154
781-894-7100 | coleman451main@gmail.com

53-55 Cottage St., Newton, MA 02464

Multi-Family

$975,000
Price
$925,000
Sale Price

2
Units
2,286
Approx. GLA
Outstanding location near Elliot T station, Green Line. The multi-unit sits on almost 1/4 acre MR1 zone lot. Huge potential for expansion. Living area Does Not include a huge walk-up attic space of nearly 1200 sq. ft.. Seller has maintained the units beautifully over the years with newer windows, upgraded kitchen with granite countertops and nice hardwood floors. Both units have washer/dryer hookups. Furnaces were replaced in 2011. Tenants were given notice to leave by September 1. The property will be delivered vacant. Come see to believe the potential of the property.
Highlights
Terms: Contract for Deed
Sale Price: $925,000
Settled Date: 10/27/2017 12:00:00 AM
Basement Features: Full, Walk Out, Interior Access
List Price: $975,000
Type: Multi-Family
Multi-Family Type: 2 Family - 2 Units Up/Down
Status: Sold
Beds: 5
Baths: 2
Units: 2
Year Built: 1922
Year Round: Yes
Approx. GLA: 2,286
MLS#: 72200795
Interior
Basement: Yes
Electric Features: 100 Amps, Individually Metered
Flooring: Tile, Hardwood
Energy: Insulated Windows, Storm Doors, Prog. Thermostat
Hot Water: Natural Gas
Rooms: 10
Lead Paint: Unknown
Total Floors: 2
Exterior
Water: No
Facing: East
Acres: 0.23
Lot Size: 10,033.00
Lot Description: Paved Drive, Level
Foundation: Fieldstone
Foundation Size: 00
Parking Spaces: 4
Parking Features: Off-Street, Paved Driveway
Road Type: Public, Paved, Publicly Maint.
Color: grey
Construction: Frame
Roof Material: Asphalt/Fiberglass Shingles
Utility: for Gas Range, for Gas Oven, for Electric Dryer, Washer Hookup
Exterior: Asbestos
Exterior Features: Porch - Enclosed
Water: City/Town Water
Water: City/Town Water
Sewage District: MWRA
Taxes
Short Sale Lender Approval: No
Lender Owned: No
APOD Available: No
Assessed Price: $707,100
Taxes: $7,863
Tax Year: 2017
Book/Page: 13919/12
School
Grade School: Angier
Middle School: Brown
High School: Newton South
Beach
Beach: No
Expenses
Gross Income: $40,680
Total Rent: $3,390
Net Income: $40,680
Additional
Amenities: Public Transportation, Shopping, Park, Medical Facility, Highway Access, Public School, T-Station
Exclusions: tenant belongings including washer & dryer on 2nd FL. 1st Floor washer & dryer negotiable.
Disclosure Declaration: No
Units
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 4 2 0 1 1 0 No 1 $1,695
Unit 2 6 3 0 2 1 0 No 1 $1,695
Units Extras
Unit 1
Rent Includes:  Water  Cooling:  None  Applicances:  Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer  Heating:  Forced Air, Gas  Interior:  Bathroom With Tub & Shower, Box/Bay/Bow Window(s), Programmable Thermostat, Hardwood Floors, Upgraded Cabinets, Upgraded Countertops, Cable TV Available, Tile Floor  Rooms:  Kitchen, Family Room, Laundry, Office/Den 
Unit 2
Rent Includes:  Water  Cooling:  None  Applicances:  Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer  Heating:  Steam, Gas  Interior:  Bathroom With Tub & Shower, Box/Bay/Bow Window(s), Programmable Thermostat, Hardwood Floors, High Speed Internet Hookup, Upgraded Cabinets, Upgraded Countertops, Walk-Up Attic, Cable TV Available, Tile Floor  Rooms:  Kitchen, Family Room, Laundry, Office/Den, Sunroom 
Map
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The listing office is Keller Williams Realty and the listing agent is Jin H. Chung. The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and it's subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein. The data was last modified on 10/19/2018 9:35:00 AM.
 
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