55-57 Madison Avenue

Newton, MA 02460 View Map $1,535,000 Ask a Question
Beds8
Baths2Full21/2
Sq.Ft.3,000
Year1979
  Newtonville Newton, 55-57 Madison Avenue, MA, multi-family listing, MLS#:72983275 Photo 1
  Newtonville Newton, 55-57 Madison Avenue, MA, multi-family listing, MLS#:72983275 Map
ERA Key Realty

ERA Key Realty

(508) 372-6600

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Status: Sold
Property Type:2 Family - 2 Units Side By Side
MLS #:72983275
Sq. Feet:3,000
Date Sold:7/20/2022
Lot Size:0.23 Acres
County:Middlesex
Rarely available 2 family side by side duplex on large 10,000 sq. ft. lot in Newtonville Square. Each unit has 4 bedrooms and 1.5 bathrooms on three levels. Double wide driveway on both sides. All separate systems. Move-in condition for owner occupants. Great potential for builders and developers. Excellent rental history. High walk score of 86. Minutes to the sought after Cabot Elementary School and the Newton North High School. Easy walk to the commuter rail station and all the fine restaurants are around a block away. Whole Foods is just a little farther down. Close access to the Mass Pike. Open houses on 5/21 and 5/22 from 12pm - 1:30pm.

Detailed Maps

Price Change History

Date Old Price New Price Percent Change
7/21/2022$1,490,000$1,535,0003%

Community Information

Address:55-57 Madison Avenue, Newton, MA 02460
County:Middlesex
City:Newton
Zip Code:02460

School Information

High School:Newton North
Middle School:Bigelow
Elementary School:Cabot

Architecture

Bedrooms: 8
Bathrooms: 2 Full / 2 Half
Year Built:1979
Stories:6
Building Area: 3000
Roof: Shingle
Foundation: Concrete Perimeter
Basement: Full, Partially Finished, Interior Entry, Bulkhead, Concrete
Parking Features: Paved Drive, Off Street, Paved
Parking Total: 12

Features / Amenities

Interior Features: Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Kitchen)
Appliances: Unit 1(Range, Dishwasher, Refrigerator, Washer, Dryer), Unit 2(Range, Dishwasher, Refrigerator, Washer, Dryer), Gas Water Heater, Utility Connections for Electric Range, Utility Connections for Electric Dryer
Flooring: Tile, Hardwood
Laundry: Washer Hookup
Cooling: Unit 1(None), Unit 2(None)
Heating: Unit 1(Hot Water Baseboard, Gas), Unit 2(Hot Water Baseboard, Gas)
Total Rooms:12

Property Features

Lot Size: 0.23 Acres
Lot Features: Level
Utilities: for Electric Range, for Electric Dryer, Washer Hookup
Sewer: Public Sewer
Water: Public
Electric: 110 Volts, 220 Volts, Circuit Breakers, 100 Amp Service, Individually Metered
Road Frontage: Public
Road Responsibility: Public Maintained Road
Road Surface: Paved
Zoning:MR1
Directions:GPS

Tax and Financial Info

Tax Year: 2022
Tax Annual Amount: $11,705
Current Financing: Withheld
Contingency: Pending P&S
Gross Income: $71,280
Net Operating Income: $71,280
Total Actual Rent: $5,940
Rent Includes: Unit 1(Water), Unit 2(Water)
Buyer Agency Compensation: 2.0%
Buyer Agent Compensation: 2.0
Disclosures: #55 Is Leased Until 8/31/2022. #57 Is Leased Until 6/30/2023. Agent Is Related To Sellers.

Listing Agent/Office

Listing provided courtesy of John Yu, Exp Realty.

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Listing Information Last Updated 3/28/2024