481 Humphrey St, Swampscott, MA 01907
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$1,200,000
2 Unit
5 Beds
3 Baths
2471 SQFT
0.14 Acre

Property Description

Rare opportunity to own two single-family homes on one lot just one block from the ocean in highly desirable Swampscott! Enjoy the sights and sounds of nearby Swampscott Harbor and Fisherman’s Beach, both just moments from your doorstep. This prime coastal location is also a short walk to downtown Swampscott, offering a charming mix of local shops, restaurants, and everyday conveniences. This versatile property presents multiple living and investment options: • Ideal for owner-occupants with extended family • Perfect for live-in owners seeking rental income • Excellent as a fully income-producing investment property. Both homes have been well maintained and feature numerous updates, making this a turnkey opportunity in a sought-after seaside community. Whether you’re looking for a multi-generational living setup, a coastal retreat, or a strong rental investment, this property offers exceptional flexibility and value. Don’t miss this unique opportunity!

Property Details tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 5
  • Total Bedrooms: 5
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Basement Features: Full, Unfinished Basement
  • Common Rooms: Dining Room, Kitchen, Living Room, Loft
  • Common Interior Features: Bathroom With Tub & Shower, Bathroom with Shower Stall, Ceiling Fans, Heated Attic, Walk-Up Attic
  • Common Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer, Washer Hookup
  • Common Heating: Ductless Mini-Split System, Electric, Extra Flue, Forced Air, Forced Air, Gas, Geothermal Heat Source, Heat Pump, Individual, Oil, Oil, Space Heater
  • Common Cooling: Central Air

Financial

  • APOD Available: No
  • Gross Operating Income: 79200
  • Net Operating Income: 79200

Utilities

  • Heat Zones: 3
  • Cooling Zones: 2
  • Electric Info: Circuit Breakers, Underground
  • Utility Connections: Washer Hookup, for Electric Dryer, for Electric Range, for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 1
  • Levels: 3

Unit 2 Description

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

Construction

  • Year Built: 1798
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood, Wood
  • Lead Paint: Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73499679
  • Last Updated: 04/14/26

Property History tap to expand

Date Event Price Price/Sq Ft Source
04/14/2026Active$1,200,000$486MLSPIN
04/14/2026Active$1,200,000$691MLSPIN
04/10/2026New$1,200,000$486MLSPIN
04/10/2026New$1,200,000$691MLSPIN

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Seller's Representative: Brian Oppenheim, Cornerlot
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2026-04-14 03:05:00

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