3 Orchard Street
Newton, MA 02458

Sold $1,109,000

Listed in August 2021 for $1,049,900

Property Features

Bedrooms: 6
Bathrooms: 3 Full
Type: Two-Family Home
Year built: 1874, Renovated in 2018
Annual taxes: $9,676
Assessed value: $899,300

Living area: 2,814 sq. ft.
Property size: 5,120 sq. ft.
Heating: Gas, Forced Hot Air, Separate
Air conditioning: Central, Separate
Hot water: Gas, Tankless, Separate
Parking: 6 Off-Street

Expenses Year Ending July 2021:
Water: $2,596
Electricity: $120
Maintenance: $143
Insurance: $1,182
Snow removal: $800
Gross expenses: $4,841
Gross income: $70,800

Net income: $65,959

Presented by:

Edward Johnston

617-299-1854

 

Property Details

Turnkey! This previously owner-occupied two-family home was fully remodeled in 2018 with quality in mind.

Both apartments feature a gleaming kitchen with granite counters, stainless steel appliances, and gas cooking. They each have modern tiled bathrooms, in-unit laundry, nest thermostats, and central air conditioning. On the first floor, Unit 1 includes two bedrooms and one bathroom and is leased. Unit 2 is currently vacant and spans the second and third floors with its four bedrooms and two full bathrooms.

The systems have been fully updated, with separately metered gas heat, separate electrical, and separate tankless gas water heaters. Complete with six parking spaces, three for each unit, this property is conveniently located in Newton Corner with quick access to Soldiers Field Road, the Mass Pike, and bus routes to Boston, Cambridge, and beyond. Be sure to take the virtual tour of this fantastic two-family home!

Unit 1 lead is unknown; Unit 2 is certified treated. Easement. Some water seepage in basement during heavy rains.

 

Location

We think the location is great. Go ahead and explore the map.

Sleek Kitchen in Unit 2

This is a smart investment.

Reach out to the listing agent for more information about this property or any other home in the area.