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Off market

Buy a multi-family propertyat 201 Adams St, Newton, MA 02458

$849,000

$869,000 (-2.3%)

$0/mo

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Multifamily

1,630 Sq. Ft.

1,500 Sq. Ft. lot

4 Bedrooms

3 Bathrooms

236 Days on market

73076727 MLS ID

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About 201 Adams St multi-family property

Rarely available opportunity in a convenient Newton location near the Mass Pike, Express Bus, and Commuter Rail! The front apartment (where the brick facade is) is a 2 story 1 bedroom apartment with a kitchen and bathroom. The rear apartment is 3 levels and features 2 bedrooms+office, a large kitchen, and a bathroom. The front apartment was formerly used as a retail storefront and the property is zoned BU2. The front unit has the potential to be modified back into a retail use. There's a lot of development on Adams Street and this location could be terrific for a local business looking to establish a name for themselves in Newton! Both apartments have separately metered utilities. The front apartment is all electric. The rear apartment has oil and gas utilities. This opportunity is perfect for an owner occupant looking to achieve homeownership in Newton's pricey housing market, an investor looking to expand their portfolio, or a business looking for a new location!
Rarely available opportunity in a convenient Newton location near the Mass Pike, Express Bus, and Commuter Rail! The front apartment (where the brick facade is) is a 2 story 1 bedroom apartment with a kitchen and bathroom. The rear apartment is 3 levels and features 2 bedrooms+office, a large kitchen, and a bathroom. The front apartment was formerly used as a retail storefront and the property is zoned BU2. The front unit has the potential to be modified back into a retail use. There's a lot of development on Adams Street and this location could be terrific for a local business looking to establish a name for themselves in Newton! Both apartments have separately metered utilities. The front apartment is all electric. The rear apartment has oil and gas utilities. This opportunity is perfect for an owner occupant looking to achieve homeownership in Newton's pricey housing market, an investor looking to expand their portfolio, or a business looking for a new location!

Property details

Property Access

Road Frontage Type: "Public"

Appliances and Equipment

Appliances: "Unit 1(Range, Refrigerator)", "Unit 2(Range, Refrigerator)", "Water Heater(Varies Per Unit)", "Utility Connections for Electric Range", "Utility Connections for Gas Oven"

Basement

Basement: "Partial"

House

Building Area Total: 1630

Building Area Units: Square Feet

Construction Materials: "Brick"

Living Area: 1630

Stories Total: 5

Year Built Source: Public Records

Year Built: 1900

Number Of Units Total: 2

Community

Community Features: "Public Transportation", "Shopping", "Park", "Walk/Jog Trails", "Laundromat", "Bike Path", "Highway Access", "Public School"

Cooling

Cooling: "Unit 1(Window AC)", "Unit 2(Window AC)"

Exterior Features

Exterior Features: "Other"

Floors

Flooring: "Wood, Carpet", "Unit 1(undefined)", "Unit 2(Hardwood Floors)"

Foundation

Foundation Details: "Other"

Heating

Heating: "Unit 1(Electric Baseboard)", "Unit 2(Oil)"

Income

Gross Income: 36000

Interior Features

Interior Features: "Other (See Remarks)", "Unit 1 Rooms(Living Room, Kitchen)", "Unit 2 Rooms(Living Room, Kitchen, Office/Den)"

Lot

Lot Features: "Level"

Lot Size Acres: 0.03

Lot Size Area: 0.03

Lot Size Square Feet: 1500

Lot Size Units: Acres

Parcel Number: S

Property

Property Sub Type: Multi Family

Zoning: BU2

Schools

High School: Newton North

Middle Or Junior School: Bigelow

Elementary School: Lincoln-Elliot

Sewer

Sewer: "Public Sewer"

Taxes

Tax Annual Amount: 5145

Tax Year: 2022

Utilities

Electric: "Other (See Remarks)"

Utilities: "for Electric Range", "for Gas Oven"

Water Source: "Public"

Monthly cost

Estimated monthly cost

$5,743/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Sale and tax history

Sales history

Date

May 11, 2011

Price

$1,972

Date

Jan 15, 1991

Price

$180,000

DatePrice
May 11, 2011$1,972
Jan 15, 1991$180,000

Schools

This home is within the Newton Public Schools.

Newton & Newtonville & Newton Center & Waltham enrollment policy is not based solely on geography. Please check the school district website to see all schools serving this home.

Private schools

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$798,060

+$25,470

$823,530

Seller agent commission$25,470 (3%)*

$0 (0%)

Buyer agent commission$25,470 (3%)*

$25,470 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

Get $25,470 more selling your home
with a Unreal Estate agent

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Unreal Estate checked: Aug 8, 2023 at 4:40 p.m.

Data updated: Jun 6, 2023 at 5:39 a.m.

Courtesy of Harvard Real Estate, Jackson Wells.
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 its 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.
Listing Information © 2023 MLS Property Information Network. All Rights Reserved.

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