140 Elmwood Road

Swampscott, MA 01907

$1,649,000
Price
7
Beds
3
Baths
1
1/2 Bath
4,364 Sq. Ft.
$378 / Sq. Ft.
4,364
Sq. Ft.
$378
per Sq. Ft.

Description

Introducing a rare gem of coastal living in the historic Olmsted District: a multifamily Victorian just a stroll away from the ocean's embrace, farmers market, restaurants, and shops. This captivating residence blends classic charm with modern convenience, offering an unparalleled lifestyle experience. Nestled behind the main house lies a large carriage house, with a spacious heated artist loft as well as parking and storage. Step inside the main residence to discover exquisite hardwood floors and...Introducing a rare gem of coastal living in the historic Olmsted District: a multifamily Victorian just a stroll away from the ocean's embrace, farmers market, restaurants, and shops. This captivating residence blends classic charm with modern convenience, offering an unparalleled lifestyle experience. Nestled behind the main house lies a large carriage house, with a spacious heated artist loft as well as parking and storage. Step inside the main residence to discover exquisite hardwood floors and timeless architectural details that harken back to a bygone era. This property won an award for excellence in restoration and features an additional artist studio in the basement! Multiple decks and porches beckon you outside, as does the large yard. Beyond its aesthetic appeal, this property is a savvy investment opportunity, with rental units poised to generate substantial income. Or convert it to a magnificent single. Income potential & undeniable allure as your own home!
  1. Listed by The Pallotta Group • Leading Edge Real Estate
  2. Listed by Nancy S. Pallotta • Leading Edge Real Estate

Property Details for 140 Elmwood Road

Town
Swampscott
MLS Area
Olmsted Historic District
Area
MA-Swampscott-Olmsted Historic District, MA-Swampscott
Garage Spaces
2
Parking Spaces
2.00
Parking Spaces Total
4

Location

Listing Courtesy of Leading Edge Real Estate, The Pallotta Group; Leading Edge Real Estate, Nancy S. Pallotta
Add your commute
LISTING UPDATED: 05/05/2024 03:12 PM

Property Details for 140 Elmwood Road

StatusActive
MLS #73230902
Days on Market17
Taxes$13,816 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 2 Family
Year Built1890
CountyEssex County

Location

Listing Courtesy of Leading Edge Real Estate, The Pallotta Group; Leading Edge Real Estate, Nancy S. Pallotta
Add your commute

Building Information for 140 Elmwood Road

Stories3Residences2Year Built1890Building Size-Lot Size0.23 AC / 10,193 SF

Payment Calculator

$10,151 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,999

Property Taxes

$1,151

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 140 Elmwood Road

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Conservation Area, House of Worship, Public School
  • Living Area: 4364.0
  • SqFt with Basement: No
  • Total Units: 2
  • Waterfront: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
  • Basement Features: Full
  • Num of Baths: 4.0
  • Num of Full Baths: 3
  • Num of Half Baths: 1
  • Bathrooms Total Decimal: 3.50
  • Bathrooms Total Integer: 4
  • FireplaceFeatures: Gas
  • FireplaceYN: Yes
  • Fireplaces: 1
  • Flooring: Wood
  • Interior Features: Living Room, Dining Room, Kitchen
  • SpaYN: No
Exterior Features
  • Exterior Features: Barn/Stable, Porch, Deck
  • Lot Description: Easements
  • Other Structures: Barn/Stable
  • Patio And Porch Features: Porch, Deck
  • Roof Material: Shingle
  • Waterfront Features: Beach Front, Ocean, 1/2 to 1 Mile To Beach
Parking Features
  • Covered Spaces: 2.00
  • Garage: Yes
  • Garage Parking: Paved Drive, Off-Street
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street
  • Parking Features: Off-Street
Utilities
  • Heating: Hot Water
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: Also listed MLS73230898. Stained glass window & light exlcuded. Some knob & tube. Central air is defunct. Estate,being sold as is. Barn approx 1300 sq feet on 2 floors; heated upper level included in the sq. footage total. Driveway easement.
Tax Information
  • Tax ID: M:0004 B:0057 L:0,2165748
  • Assessments: $1,202,400
  • Book: 5793
  • Tax Year: 2024
  • Zoning: A2
Building / Association Information
Living Characteristics
  • Beds Total: 7
  • Total Living Levels: 3
Other Building Characteristics
  • Foundation: Stone, Other
  • Heat Units: 2
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: N
  • Levels U2: 2
Rental Info
Rental Info
  • Total Actual Rent: $.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2
  • Other Agent Compensation: 0

Property History for 140 Elmwood Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 140 Elmwood Road

Taxable ValueLand$352,200Additions$766,100Total$1,118,300
Tax Record2023$13,129 ($1,094 / month)
Home Facts
Baths3Total Finished SqFt3,742 SqFtAbove Grade Finished SqFt3,742 SqFtStories2Lot Size10,193 SqFtStyleDuplexYear Built1890ZoningA2CountyESSEXAPNSWAM M:0004 B:0057 L:0Fireplace TypeHas Fireplace

Schools near 140 Elmwood Road

This home is within Swampscott School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - K to 4
Public - K to 4
Rating
School
Distance
Swampscott Middle School
PublicPK to 8

Swampscott High School
Public9 to 12

Hadley Elementary School
PublicK to 4

Clarke Elementary School
PublicK to 4

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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140 Elmwood Road is a multi-family home for sale in Swampscott, MA 01907. This property was listed for sale on May 1, 2024 by Leading Edge Real Estate, it's currently listed at $1,649,000. It has been on the market for a total of 17 days and was last sold on October 14, 2011. This listing's school district is Swampscott School District. Nearby schools include Swampscott Middle School, Swampscott High School and Hadley Elementary School. 140 Elmwood Road is a 7-bed, 3.5-bath, 4,364 sqft multi-family home built in 1890.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Leading Edge Real Estate, The Pallotta Group; Leading Edge Real Estate, Nancy S. Pallotta

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. 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., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS 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.