63 New Ocean Street

Swampscott, MA 01907

$789,900
Price
5
Beds
2
Baths
1,962 Sq. Ft.
$403 / Sq. Ft.
1,962
Sq. Ft.
$403
per Sq. Ft.

Description

Beautifully renovated two-family in Swampscott, very close to King’s Beach! This large two-family features a 2+ bed main level unit and 3+ bed 2nd-3rd level unit. Unit 1 can be delivered vacant end of June and Unit 2 in lease through 3/31/25. Both units have spacious rooms, eat-in kitchens and stunning hardwood floors. Unit 1 features recently renovated kitchen and bathroom. Unit 2 features spacious composite porch for entertaining and finished 3rd floor with bedroom, closet and office area. Separated...Beautifully renovated two-family in Swampscott, very close to King’s Beach! This large two-family features a 2+ bed main level unit and 3+ bed 2nd-3rd level unit. Unit 1 can be delivered vacant end of June and Unit 2 in lease through 3/31/25. Both units have spacious rooms, eat-in kitchens and stunning hardwood floors. Unit 1 features recently renovated kitchen and bathroom. Unit 2 features spacious composite porch for entertaining and finished 3rd floor with bedroom, closet and office area. Separated utilities. Coin-op laundry in basement. New Roof, Solar Panels and Unit 1 Heating System (all installed in 2023). Property in close proximity to Boston-Rockport Commuter Rail, Bus Routes, Local Beaches, Boardwalk, Shopping, Restaurants, Library, Vinnin Square and Much More! Come take advantage of this cash flow opportunity for investors or owner-occupied while renting out the other unit. OH Sun 4/21 from 12-2pm & Mon 4/22 from 530-7pm. Offers due Tues 4/23 by 5pm.
  1. Listed by Mark Pitzi • Coldwell Banker Realty - Beverly

Property Details for 63 New Ocean Street

Town
Swampscott
Area
MA-Swampscott
Garage Spaces
0
Parking Spaces
2.00
Parking Spaces Total
2

Location

Listing Courtesy of Coldwell Banker Realty - Beverly, Mark Pitzi
Add your commute
LISTING UPDATED: 04/29/2024 11:54 AM

Property Details for 63 New Ocean Street

StatusContingent
MLS #73225040
Days on Market12
Taxes$7,069 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 2 Family - 2 Units Up/Down
Year Built1920
CountyEssex County

Location

Listing Courtesy of Coldwell Banker Realty - Beverly, Mark Pitzi
Add your commute

Building Information for 63 New Ocean Street

Stories3Residences2Year Built1920Building Size-Lot Size0.06 AC / 2,570 SF

Payment Calculator

$4,900 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,311

Property Taxes

$589

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 63 New Ocean Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation
  • Living Area: 1962.0
  • Color: Blue
  • SqFt with Basement: No
  • Total Units: 2
  • Waterfront: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator
  • Basement Features: Full, Concrete Floor, Unfinished Basement
  • Num of Baths: 2.0
  • Num of Full Baths: 2
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 2.00
  • Bathrooms Total Integer: 2
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Hardwood
  • Interior Features: Laundry Room, Upgraded Cabinets, Upgraded Countertops, Remodeled, Living Room, Dining Room, Kitchen, Office/Den
  • Interior Features: Window AC
  • SpaYN: No
Exterior Features
  • Construction: Frame
  • Exterior Features: Rain Gutters
  • Exterior Features: Porch, Deck
  • Lot Description: Easements
  • Patio And Porch Features: Porch, Deck
  • Roof Material: Shingle
  • Waterfront Features: Beach Front, Ocean, 1/10 to 3/10 To Beach, Beach Ownership(Public)
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Off-Street, Paved Driveway
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street, Paved Driveway
  • Parking Features: Off-Street, Paved Driveway
Utilities
  • Cooling: Window AC
  • Cooling: Yes
  • Electric: Circuit Breakers, 100 Amp Service
  • Heating: Baseboard, Oil, Forced Air, Electric
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Disclosures: Unit 1 can be delivered vacant at the end of June for owner occupancy. Unit 2 in lease until 3/31/2025
Tax Information
  • Tax ID: 2165127
  • Assessments: $602,100
  • Book: 40745
  • Tax Year: 2023
  • Zoning: A4
Building / Association Information
Living Characteristics
  • Beds Total: 5
  • Total Living Levels: 3
Other Building Characteristics
  • Foundation: Stone
Income / Expenses
  • GOI: $66,000.00
  • NOI: $66,000.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: Y
  • Levels U2: 2
Rental Info
Rental Info
  • Total Actual Rent: $5,500.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2
  • Other Agent Compensation: 0

Property History for 63 New Ocean 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 63 New Ocean Street

Taxable ValueLand$184,800Additions$417,300Total$602,100
Tax Record2023$7,069 ($589 / month)
Home Facts
Baths2Total Finished SqFt1,962 SqFtAbove Grade Finished SqFt1,962 SqFtUnfinished Basement SqFt1,058 SqFtStories2Lot Size2,570 SqFtStyleDuplexYear Built1920ZoningA4CountyESSEXAPNSWAM M:0001 B:009B L:0

Schools near 63 New Ocean Street

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.

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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. 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 Coldwell Banker Realty - Beverly, Mark Pitzi

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.