189 Adams, Newton, MA

99 Beds | 148.5 Baths | 12146 Ft2 | 13543

Multi-family $1,999,000.00

Remarks

Rare offering of a mixed-use property with great cash flow potential. Comprised of 4 residential units, 2 office spaces and a multi-bay garage/contractor yard ideal for a contractor or anyone needing vehicle storage this one has TONS of potential. The attached document details both current and market rents for the units as they sit and there is definitely potential to improve the units and increase these numbers. Located right in the Washington Street corridor in Newton this location is near the MBTA Commuter rail, I90 and tons of shopping and restaurants. See our other listing (mls #72552497) for details on the potential sale of this property plus an adjoining lot as a development opportunity.


Location


Details

Annual Expenses
  • Gross Income:49800
  • Net Income:49800
Construction
  • Basement:Y
  • Fireplaces:99
  • Garage Spaces:99
  • Living Area:12146.00
  • Rooms:18
  • Year Built:1900
Directions
  • Directions:google maps
Energy and Mechanical
  • Sewer:City/Town Sewer
  • Water:City/Town Water
Exclusions and Disclosures
  • Disclosures:N
  • Listing Status:Active
  • Lot Description:Paved Drive
  • Status Alert?:No
Lot and Land
  • Acres:0.31
  • Lot Size:13543.00
  • Parking Spaces:99
  • Price/sqft:164.58
  • Zoning:BU2
Property Information
  • Total Bedrooms:99
  • Total Fireplaces:99
  • Total Floors:6
  • Total Full Baths:99
  • Total Half Baths:99
  • Total Levels:4
  • Total Rooms:99
  • Total Units:7
Room Dimensions
  • Bedrooms:99
  • Full Baths:99
  • Half Baths:99
  • Total Rooms:18
Tax and Other Information
  • Tax Year:2019
  • Taxes:22408.50
Unit # 1
  • Bedrooms:2
  • Fireplaces:0
  • Floor:1
  • Full Baths:1
  • Half Baths:0
  • Lease:N
  • Levels:1
  • Rent:1500
  • Rooms:5
Unit # 2
  • Bedrooms:2
  • Fireplaces:0
  • Floor:1
  • Full Baths:1
  • Half Baths:0
  • Lease:N
  • Levels:1
  • Rent:1500
  • Rooms:5
Unit # 3
  • Bedrooms:1
  • Floor:2
  • Full Baths:1
  • Half Baths:0
  • Lease:N
  • Levels:1
  • Rent:1150
  • Rooms:4
Unit # 4
  • Bedrooms:1
  • Fireplaces:0
  • Floor:2
  • Full Baths:1
  • Half Baths:0
  • Levels:1
  • Rooms:4
Unit Descriptions
  • Multi Family Type:5-9 Family

Bestimate ™

$1,936,834.09 - $2,150,805.64

The property listing data and information 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 pr...
Listing agent: Gentile Visco Group
Listing office: RTN Realty Advisors LLC.
Lisa Beth Koufman
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