25-29 Trowbridge Street

Newton, MA 02459

$2,063,000
Last Sold Price
14
Beds
4
Baths
1
1/2 Bath
5,994 Sq. Ft.
$344 / Sq. Ft.
5,994
Sq. Ft.
$344
per Sq. Ft.

Description

Extremely rare opportunity in Newton Centre. Four duplex-style units located in an A++ location with strong rental history. All units separately metered. Each unit in the front building has 3 floors...3 bedrooms on the 2nd floor and 2 more rooms on the 3rd floor. The rear building also boasts 2-level units with 2BRs each. Rents are below market; all tenants are 'at will' except for one lease ending 6/30/22. Market rents with units in 'AS IS' condition will yield $11K-$12K. Refurbished units could...Extremely rare opportunity in Newton Centre. Four duplex-style units located in an A++ location with strong rental history. All units separately metered. Each unit in the front building has 3 floors...3 bedrooms on the 2nd floor and 2 more rooms on the 3rd floor. The rear building also boasts 2-level units with 2BRs each. Rents are below market; all tenants are 'at will' except for one lease ending 6/30/22. Market rents with units in 'AS IS' condition will yield $11K-$12K. Refurbished units could yield as much as $16K+. Parking is 2 rows tandem to the left of the property. Property offers the ideal location for lessees - A+ schools, walking distance to Crystal Lake, Newton Centre shops and restaurants, MBTA Green Line Newton Centre Station and more! Property assessed for land use as an APT 4-8 unit, seller paying taxes as such for decades. Seller makes no warranties with respect to zoning and legal use status. Buyer to perform own due diligence. DO NOT walk property, tenant occupied
  1. Listed by The Bill Butler Group • Leading Edge Real Estate

Property Details for 25-29 Trowbridge Street

Town
Newton
Area
MA-Newton
Garage Spaces
0
Parking Spaces
4.00
Parking Spaces Total
4

Location

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LISTING UPDATED: 09/29/2022 01:44 PM

Property Details for 25-29 Trowbridge Street

StatusSold
MLS #72979568
Days on Market12
Taxes$13,330 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 4 Family
Year Built1900
CountyMiddlesex County

Location

Add your commute

Building Information for 25-29 Trowbridge Street

Stories11Residences4Year Built1900Building Size-Lot Size0.17 AC / 7,508 SF

Payment Calculator

$12,369 per month

30 year fixed, 7.25% Interest

Principal and Interest

$11,259

Property Taxes

$1,111

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 25-29 Trowbridge Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Walk/Jog Trails, Highway Access
  • Current Financing: Other
  • Living Area: 5994.0
  • SqFt with Basement: No
  • Total Units: 4
  • Waterfront: No
  • Water View: No
  • Year Built Details: Renovated Since
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Oil Water Heater, Gas Water Heater, Utility Connections for Gas Range
  • Basement Features: Unfinished Basement
  • Num of Baths: 5.0
  • Num of Full Baths: 4
  • Num of Half Baths: 1
  • Bathrooms Total Decimal: 4.50
  • Bathrooms Total Integer: 5
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Wood, Laminate
  • Interior Features: Unit 1 Rooms(Living Room, Dining Room, Kitchen, Other (See Remarks)), Unit 2 Rooms(Living Room, Unit 3 Rooms(Living Room, Kitchen), Unit 4 Rooms(Living Room
  • Laundry Features: Unit 1 Laundry Room, Unit 2 Laundry Room, Unit 3 Laundry Room, Unit 4 Laundry Room
Exterior Features
  • Construction: Frame
  • Exterior Features: Porch - Screened, Patio
  • Patio And Porch Features: Screened, Patio
  • Roof Material: Slate
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Off-Street
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street
  • Parking Features: Off-Street
Utilities
  • Electric: 100 Amp Service
  • Heating: Unit 1(Forced Air, Oil), Unit 2(Forced Air, Unit 3(Forced Air, Gas), Unit 4(Forced Air
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Range
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: See Attached Info Pack
Tax Information
  • Tax ID: S:62 B:011 L:0005,698700
  • Assessments: $1,267,100
  • Book: 41250
  • Tax Year: 2022
  • Zoning: SR2
Building / Association Information
Living Characteristics
  • Beds Total: 14
  • Total Living Levels: 11
Other Building Characteristics
  • Foundation: Stone
  • Heat Units: 4
Income / Expenses
  • GOI: $106,500.00
  • NOI: $106,500.00
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 3
Unit 2 Description
  • Floor U2: 1
  • Lease U2: Y
  • Levels U2: 3
Unit 3 Description
  • Floor U3: 1
  • Lease U3: N
  • Levels U3: 2
Unit 4 Description
  • Floor U4: 2
  • Lease U4: N
  • Levels U4: 3
Rental Info
Rental Info
  • Total Actual Rent: $8,875.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2.0
  • Other Agent Compensation: 2.0

Property History for 25-29 Trowbridge Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 25-29 Trowbridge Street

Taxable ValueLand$519,800Additions$747,300Total$1,267,100
Tax Record2022$13,330 ($1,111 / month)
Home Facts
Total Finished SqFt5,994 SqFtAbove Grade Finished SqFt5,994 SqFtStories2Lot Size7,508 SqFtStyleMulti-Family Dwelling (2-4)Year Built1910ZoningSR2CountyMIDDLESEXAPNNEWT S:62 B:011 L:0005

Schools near 25-29 Trowbridge Street

This home is within Newton School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Private - PK to 6
Rating
School
Distance
Mason-Rice Elementary School
PublicK to 5

Charles E Brown Middle School
Public6 to 8

Newton South High School
Public9 to 12

Wellan Montessori School
PrivatePK to 6

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.

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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.

Listing Courtesy of Leading Edge Real Estate, The Bill Butler Group

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.