294-298 Tremont St, Newton, MA 02458
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$1,995,000
4 Unit
7 Beds
5 Baths
3708 SQFT
0.13 Acre

Property Description

Terrific opportunity to own a rare four family home in a great location in Newton just minutes from the Mass Pike and right on the express bus line to Boston. There are 2 one-bedroom apartments on the first floor, a two-bedroom apt on 2nd floor and 4th unit is a three-bedroom apartment which duplexes into the 3rd floor (the other unit can probably be enlarged into the 3rd floor also). Several rooms have 10 foot ceilings, suggesting each unit could remove the drop ceilings to go full height for impressive spaces. The basement is unfinished but has a high ceiling, and there are *4 furnaces*4 hot water tanks* & *4 electric meters* Long term tenants with leases expiring this summer, but would like to extend with new owner if mutually desired. 2 units updated, 2 need updating but systems and roof in good shape. Parking for 5 but there is room to expand parking area. Don't let this one pass you by!

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Building Information

  • Total Units: 4
  • Total Floors: 6
  • Total Bedrooms: 7
  • Total Full Baths: 4
  • Total Half Baths: 1
  • Amenities: Bike Path, Conservation Area, Golf Course, Highway Access, House of Worship, Laundromat, Marina, Medical Facility, Park, Private School, Public School, Public Transportation, Shopping, Tennis Court, T-Station, University, Walk/Jog Trails
  • Basement Features: Concrete Floor, Full, Interior Access, Unfinished Basement
  • Common Rooms: Kitchen, Living RM/Dining RM Combo, Living Room, Office/Den
  • Common Interior Features: Bathroom With Tub & Shower, Internet Available - Unknown, Tile Floor, Upgraded Cabinets, Upgraded Countertops
  • Common Appliances: Dishwasher, Range, Refrigerator, Vent Hood, Washer Hookup
  • Common Heating: Extra Flue, Forced Air, Gas, Heat Pump, Oil
  • Common Cooling: None

Financial

  • APOD Available: No
  • Expenses Source: Not Available

Utilities

  • Heat Zones: 4
  • Cooling Zones: 1
  • Electric Info: Circuit Breakers, Underground
  • Energy Features: Storm Doors, Storm Windows
  • Utility Connections: for Electric Range, Washer Hookup
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 2
  • Levels: 2

Unit 3 Description

  • Included in Rent: Electric, Water
  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 4 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1938
  • Type: 4 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood, Tile, Wall to Wall Carpet
  • Lead Paint: Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73229125
  • Last Updated: 05/05/24
  • Terms: Contract for Deed, Rent w/Option

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Seller's Representative: Ed Lyon, Preservation Properties
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2
Facilitator Compensation: 0
Compensation Based On: Net Sale Price
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2024-05-05 08:42:00

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