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Listing provided courtesy of Robin Spangenberg, Redfin Corp.
Source MLS PIN
62 Algonquin RdNewton, MA 02467
$2,290,000
10bed
6bath
4,320sq ft
62 Algonquin Rd, Newton, MA 02467
Investment opportunity with high potential! This income producing property offers 10 bedrooms, 4 full and 2 half bathrooms on 3 levels with fully applianced kitchens, situated in a prime location near Boston College. The house is in very good condition, with soaring ceilings and gleaming hardwood floors. The seller has updated the kitchen countertops and hot water tanks. Unit 1 features 5 bedrooms, 2.5 bathrooms and is currently leased until 8/31/23 for $7,350/mo. Unit 2 offers the same layo...
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Home facts
Listing
Status
Active
Listed 6 months ago
Property type Multi-Family
Property
Year Built 1910
Style —
Community —
Lot Size 5,893 sq ft
MLS # 73098627
Price
List price $2,290,000
Price/sq ft $530
Home details
Interior Features & Layout
Appliances
Unit 1(Range
Dishwasher
Disposal
Microwave
Refrigerator)
Unit 2(Range
Dishwasher
Disposal
Microwave
Refrigerator)
Utility Connections for Gas Range
Laundry Features: Laundry Room
Heating & Cooling
Has Heating: true
Unit 1(Gas)
Unit 2(Gas)
Unit 1(None)
Unit 2(None)
Interior Features
Mudroom
Unit 1(Stone/Granite/Solid Counters)
Unit 2(Stone/Granite/Solid Counters)
Unit 1 Rooms(Living Room
Kitchen
Office/Den)
Unit 2 Rooms(Living Room
Kitchen
Office/Den)
Bathrooms Info
Full Baths: 4
Half Baths: 2
Total Bathrooms: 6
Flooring
Wood
Tile
Vinyl
Unit 1(undefined)
Unit 2(Hardwood Floors)
Rooms Info
Total Rooms: 14
Property, Lot, Community & Exterior Features
Building Info
Building Area Source: Public Records
Building Area Units: Square Feet
Full
Walk-Out Access
Interior Entry
Garage Access
Concrete
Roof: Shingle
Foundation Details: Concrete Perimeter
Total Sq. Ft.: 4320
MLS Property Type: Residential Income
Number of Stories: 3
Year Built Source: Public Records
Year Built Details: Approximate
Multi-Unit Info
Number Of Units Total: 2
Parking Info
Parking Features: Off Street
Garage Spaces: 2
Garage: true
Parking Spaces: 6
Covered Spaces: 2
Lot Info
Zoning Type: MR1
Lot Details: Corner Lot
Lot Size Area: 5893
Acres: 0.14
Lot Size Units: Acres
Community Info
Number Of Units In Community: 2
Public Transportation
Shopping
Golf
Medical Facility
Highway Access
Private School
Public School
University
Property Features
Porch
Deck
Porch
Deck
Unit 1 Balcony/Deck
Utilities & Other Information
Water & Sewer Info
Water Source: Public
Sewer: Public Sewer
Utility Info
Utilities: for Gas Range
Listing Details, Costs & Financing Information
Financial Info
Gross Income: 180600
Listing Info
Exclusions: All Personal Property.
Lease Info
Net Operating Income: 180600
Monthly Rent: 15050
Tax/Assessment Info
2
2
Tax Year: 2023
Assessed Value: 1888800
Taxes: 19228
S:63 B:002 L:0001
699232
Listing Details
Water & Sewer included in the rent. Lessee responsible for Gas
Electricity
Cable/Wifi. Roof '21 2 assigned parking spots for tenants use only included in the rent. Bldg currently leased until 8/31/23. Currently working on new leases for Sept. '23.
Status: Active
Originating System Name: MLS Property Information Network
School Neighborhood & Directions
Location
Zip Code: 02467
Zip Code +4: 1002
Directions: GPS - Chestnut Hill
Country: US
Other
Calculation
Price Per Square Foot: 530.09
Neighborhood
20
Listings
21
Days listed
$551.44
Price per sqft
98.86%
Sold over list %
Property history
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