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A rare opportunity to own a brick Two-Family+ In-Law property in Newton. The building has been used and taxed as a three family. Needs some updates, but it is in very good condition with a great potential. All 3 units are currently rented. 2 larger units have 1.5 baths and separate laundry rooms. All new appliances and new carpet. Convenient location with quick access to I-95, Rt.9 and the Needham Street, Chestnut Hill shopping areas and the N2 Innovation District which is right around the corner! It's about 1 mile away from Green T stop. Lead-free compliance in hands! This property can be purchased with the next door Two Family 35-35R Butts St. as a package deal.(see MLS#72784641)

More Info

Basic Information

  • Contingency Pending P&S
  • Gross Income $71,340
  • Lot Features Level
  • Mls StatusSold
  • Parcel Number 694255
  • Rent Includes Unit 1(Water), Unit 2(Water)
  • Road Frontage DescriptionPaved

Tax Information

  • Tax Assessed Value $644,800
  • Tax Year 2020
  • Taxes$6,732

School Information

  • Elementary SchoolCountryside
  • High SchoolNewton
  • High School South
  • Junior HighBrown

Parking

  • Parking Features Off Street, Deeded
  • Parking Spaces3

Rooms

  • Bathroom5
  • Bathrooms Total Decimal 4
  • Bedrooms7
  • Full Bath3
  • Half Baths2

Basic Information

  • List Price$1,250,000
  • MLS Number72784634
  • Modification Date08/06/2022
  • Property SubTypeMulti Family
  • Purchase Contract Date07/02/2021
  • Sale Date08/31/2021
  • Sale Price$1,190,000

Location

  • Address36-38 Saco Street
  • Building Number36-38
  • CountyMiddlesex
  • NeighborhoodNewton Upper Falls
  • StateMA
  • StreetSaco Street
  • SubdivisionNewton Upper Falls
  • TownNewton
  • Zip02464

Building

  • Building Area Units Square Feet
  • Construction Materials Brick
  • FoundationSlab
  • Patio And Porch Features Patio
  • Rooms13
  • Stories3
  • Units3
  • Utilities For Electric Range
  • Year Built1950
  • Year Built Details Actual
  • Year Built Source Public Records

Property

  • Acreage0.12

Interior

  • Flooring Carpet
  • Interior Features Unit 3(Lead Certification Available), Unit 3 Rooms(Living Room, Kitchen)

Exterior

  • RoofShingle

Utilities

  • Cooling Unit 1(Window AC), Unit 2(Wall AC), Unit 3(Wall AC)
  • Cooling YN Yes
  • Electric 110 Volts
  • Heat SystemYes
  • Heating Unit 1(Electric Baseboard), Unit 2(Electric Baseboard), Unit 3(Electric Baseboard)
  • Sewer Public Sewer
  • Water Source Public

Property Information

  • Building Area Source Public Records
  • Living Area 2,876
  • Lot Size Square Feet 5,191
  • Lot Size Units Acres
  • Road Responsibility Public Maintained Road
  • Square Feet2,876

Amenities

  • Amenities
    • Conservation Area
    • Highway Access
    • Park
    • Public Transportation
    • Shopping
    • T-Station
    • Tennis Court(s)
  • Appliances IncludedUnit 1(Range, Refrigerator, Washer / Dryer Combo), Unit 2(Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer), Unit 3(Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer), Electric Water Heater, Utility Connections for Electric Range
  • Other AmenitiesTennis

Legal

  • ZoningMR1

Other

  • Buyer Agency Compensation2.5
  • Date Listed02/11/2021
  • Farm Land Area Units Square Feet
  • Transaction Broker Compensation1
  • View Count177

Map Location

Driving Directions

Listed by Steve Yang of Castles Unlimited®

Listing Sold by Denkar Realty Group

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