FOR SALE

$1,500,000
5 BED

|

5 BATH

|

2,952 SQFT

|

7 PARKING SPACES

24 Newtonville Ave Newton MA 02458

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$1,500,000

Multi Family Home in Prime Newtonville Location, ready to rent condition. A rare investment opportunity with room to add value in short term or long term. Updated Electric and Plumbing. Property has gas heat, and town sewer. Ready for redevelopment or buy and hold cash flow. Strong Community, Top Ranked Schools, Commuter Rail, Access to major highways and easy access downtown Boston. Annual Gross Income- $75,500. Living Area – 2,952 SF situated on a 12,080 SF Lot. -Value add opportunity: Kitchens and bathroom upgrade to increase rental income. OR Create and submit permit for development, i.e. condominiums, potentially higher density multifamily with assemblage to neighboring property (also for sale in MLS) SR3 Zone. Area amenities include: Newton North High School and Boston College Law School which are both within 0.6 mile. Grocery options such as Whole Foods, Trader Joe’s and Star all are within 1.5 Mile from here. Restaurants like Aji, MIDA, Rice Valley, Cabot’s. etc.

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Details

2952.00SQ FT
Public Transportation,Shopping,Park,Walk/Jog Trails,Golf Course,Bike Path,Highway Access,Private School,Public School,T-Station,University