294-298 Tremont Street

Newton, MA 02458

$1,995,000
Price
7
Beds
4
Baths
1
1/2 Bath
3,708 Sq. Ft.
$538 / Sq. Ft.
3,708
Sq. Ft.
$538
per Sq. Ft.

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...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 tanksTHIS IS A SPECIAL DELIMITER SENTENCE. The basement is unfinished but has a high ceiling, and there are 4 furnaces 4 hot water tanksTHIS IS A SPECIAL DELIMITER SENTENCE & 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!
  1. Listed by Ed Lyon • Preservation Properties
  2. Listed by Ed Lyon EcoBroker Group • Preservation Properties

Property Details for 294-298 Tremont Street

Town
Newton
MLS Area
Newton Corner
Area
MA-Newton-Newton Corner, MA-Newton
Garage Spaces
0
Parking Spaces
5.00
Parking Spaces Total
5

Location

Listing Courtesy of Preservation Properties, Ed Lyon; Preservation Properties, Ed Lyon EcoBroker Group
Add your commute
LISTING UPDATED: 05/05/2024 08:44 AM

Property Details for 294-298 Tremont Street

StatusActive
MLS #73229125
Days on Market11
Taxes$9,565 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 4 Family
Year Built1938
CountyMiddlesex County

Location

Listing Courtesy of Preservation Properties, Ed Lyon; Preservation Properties, Ed Lyon EcoBroker Group
Add your commute

Building Information for 294-298 Tremont Street

Stories6Residences4Year Built1938Building Size-Lot Size0.13 AC / 5,604 SF

Payment Calculator

$11,685 per month

30 year fixed, 7.25% Interest

Principal and Interest

$10,888

Property Taxes

$797

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 294-298 Tremont Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University, Sidewalks
  • Living Area: 3708.0
  • Color: Blue
  • SqFt with Basement: No
  • Total Units: 4
  • Waterfront: No
  • Water View: No
  • Year Built Details: Actual,Renovated Since
  • Year Built Source: Public Records
Location/School
  • Grade School: Underwood
  • High School: North
  • Middle School: Bigelow
Features
Interior Features
  • Appliances: Range, Refrigerator, Range Hood, Dishwasher
  • Basement Features: Full, Interior Access, Concrete Floor, 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
  • DoorFeatures: Storm Door(s)
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Tile, Carpet, Varies, Hardwood
  • Interior Features: Bathroom With Tub & Shower, Upgraded Cabinets, Upgraded Countertops, Open Floorplan, Internet Available - Unknown, Living Room, Kitchen, Living RM/Dining RM Combo, Office/Den
  • Interior Features: Internet Available - Unknown
  • Laundry Features: Washer Hookup
  • SpaYN: No
  • Window Features: Box/Bay/Bow Window(s), Storm Window(s)
Exterior Features
  • Construction: Frame
  • Exterior Features: Stone Wall
  • Exterior Features: Stone Wall, Patio
  • Lot Description: Level, Sloped
  • Patio And Porch Features: Patio
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Off-Street, Common, Paved Driveway
  • Open Parking: Yes
  • Parking Features: Off-Street, Common, Paved Driveway
  • Parking Features: Off-Street, Common, Paved Driveway
Utilities
  • Cooling: None, Wall AC
  • Cooling: No
  • Electric: Circuit Breakers
  • Heating: Forced Air, Natural Gas
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Utility Connections: for Electric Range, Washer Hookup
  • Water: Public
Property Information
Property Info
  • Year Round: Yes
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Road Responsibility: Public Maintained Road
  • Road Surface Type: Paved
  • Disclosures: Property was purchased as a 4 unit building and has been rented out for decades as a four unit building,but buyer to do their own due diligence without representation from agent or seller.
Tax Information
  • Listing Terms: Contract
  • Tax ID: S:72 B:011 L:0009,702526
  • Assessments: $980,000
  • Book: 47664
  • Tax Year: 2024
  • Zoning: MR2
Building / Association Information
Living Characteristics
  • Beds Total: 7
  • Total Living Levels: 6
Other Building Characteristics
  • Foundation: Stone
  • Cooling Units: 1
  • Cooling Zones: 1
  • Heat Units: 4
  • Heat Zones: 4
Income / Expenses
  • Annual Expenses Source: Not Available
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: Y
  • Levels U2: 2
Unit 3 Description
  • Floor U3: 1
  • Lease U3: N
  • Levels U3: 1
Unit 4 Description
  • Floor U4: 2
  • Lease U4: N
  • Levels U4: 1
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 294-298 Tremont 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 294-298 Tremont Street

Taxable ValueLand$680,000Additions$300,000Total$980,000
Tax Record2024$9,565 ($797 / month)
Home Facts
Baths4Total Finished SqFt2,988 SqFtAbove Grade Finished SqFt2,988 SqFtUnfinished Basement SqFt1,494 SqFtStories2Lot Size5,604 SqFtStyleMulti-Family Res (5+ Units)Year Built1938ZoningMR2CountyMIDDLESEXAPNNEWT S:72 B:011 L:0009

Schools near 294-298 Tremont 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 - K to 12
Rating
School
Distance
Underwood Elementary School
PublicK to 5

Bigelow Middle School
Public6 to 8

Newton North High School
Public9 to 12

Perkins School For The Blind
PrivateK to 12

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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294-298 Tremont Street is a multi-family home for sale in Newton, MA 02458. This property was listed for sale on April 25, 2024 by Preservation Properties, it's currently listed at $1,995,000. It has been on the market for a total of 11 days and was last sold on June 20, 2006. This listing's school district is Newton School District. Nearby schools include Underwood Elementary School, Bigelow Middle School and Newton North High School. 294-298 Tremont Street is a 7-bed, 4.5-bath, 3,708 sqft multi-family home built in 1938.

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 Preservation Properties, Ed Lyon; Preservation Properties, Ed Lyon EcoBroker 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.