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37 Walnut Place, Newton, MA 02460

$1,515,000

  • Sold
  • Closed
  • Multi-Family
  • 5 Units
  • 5 Total Beds
  • 0.25 Acres
37 Walnut Place, Newton, MA 02460View this property at 37 Walnut Place, Newton, MA 02460
37 Walnut PlaceNewtonMA02460
Map & Location
Street View
Property Description
RARELY AVAILABLE 4-5 unit multi family home in Newton. Owned by the same family since 1968, and rented as 5 units since before then. All one bed units currently below market rents, and some convertible to 2 bedroom units if desired. 10 parking spots on a quiet side street in the heart of Newtonville behind the Senior Center. 10 foot ceilings on the 1st floor with huge rooms. Each unit has oversized bedrooms and 1980-1990's vintage kitchen and baths. Recent roof and vinyl shingle style siding make this very low maintenance exterior. Huge basement with quality scratch coat over fieldstone foundation for great storage or work space. Hot air furnace serviced every year and entire property shows pride of ownership. Super buy and hold portfolio
quality investment, potential condominium conversion or combine a couple or three units for owner occupant. Current rent $7400/mo. Market rent is $9250/mo as is. Endless possibilities. Open house Sunday 9/18 12-2pm

Full Property Details for 37 Walnut Place

General

  • Sold For: $1,515,000
  • Taxes: $10,886 (2016)
  • Status: Closed
  • Type: Multi-Family
  • MLS ID: 72034573
  • Added: 776 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 5
  • Full Bathrooms: 5

Bedrooms

  • Total Bedrooms: 5

Parking

  • Parking: Off-Street Parking, Assigned, Paved Driveway

Location

  • County: Middlesex

Structural Information

  • Architectural Style: 5+ Family - 5+ Units Up/Down
  • Basement: Yes
  • Square Feet: 4,994
  • Year Built: 1932

Lot Features

  • Lot Size (Acres): 0.25
  • Lot Size (Sq. Ft.): 11,053

Financial Considerations

  • Tax Amount: $10,886
  • Tax Year: 2016

Listed by Preservation Properties, Ed Lyon

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Schools

Schools serving 37 Walnut Place

School District:Newton Public Schools
Score
Name
Grades
Distance
6
229 Cabot Street, Newtonville, MA 02460
K-5
0.4 mi
7
21 Minot Place, Newtonville, MA 02460
6-8
0.7 mi
7
457 Walnut Street, Newtonville, MA 02460
9-12
0.2 mi
Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History

Price & Sales History for 37 Walnut Place

Date
Details
Price
Change
Source
2/02/2017
Sold
$1,515,000
-5.02%
MLS
9/08/2016
Price Reduced
$1,595,000
-1.85%
MLS
8/04/2016
Price Reduced
$1,625,000
-4.36%
MLS
7/06/2016
Listed
$1,699,000
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Community Info

Community Info for 37 Walnut Place

Listed by Preservation Properties, Ed Lyon

37 Walnut Place, Newton, MA 02460 (MLS# 72034573) is a Multi-Family property that was sold at $1,515,000 on February 02, 2017. Want to learn more about 37 Walnut Place? Do you have questions about finding other Multi-Family real estate for sale in Newtonville? You can browse all Newtonville real estate or contact a Coldwell Banker agent to request more information.