Multi-Family
Prime investment or owner-occupied two-family, in desirable Newton location. This is a fantastic opportunity to realize great long-term, stable rental income, with low operating expenses, or to supplement your income as an owner-occupied investor. Good condition, with roof installed in October 2016, second-floor kitchen in December 2016, first-floor kitchen in 2010, and newer water heaters. Each unit features an eat-in kitchen, living room open to the dining room, wood-burning fireplaces, original natural woodwork, pantries, newer kitchens and baths, basement storage, garage parking, and good sunlight. The second unit has a bonus office/den, and a full set of stairs leading to an additional 600 sqft of nicely finished, unheated space that is part of Unit 59, perfect for a family/play room. In close proximity to shops, restaurants, grocery, public transportation, this is an unbeatable property at a great price. Current rent is below market. 6% cap rate at list price, with market rents.