Address
212-214 Adams Street, Newton, MA
Price
$ 2,070,000
Property Attributes
  • MLS#73226099
  • TypeCommercial
  • CountyMIDDLESEX
  • CityNewton
  • Zip02458
  • Style
  • Price$ 2,070,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.56 Acres
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description

This large 7919-sf brick mixed-use building with two spacious residential duplex units and one street-level retail space has a fantastic rent rollover of $126K and easy escalation on the residential units. It is an excellent buy-and-hold, individually or as part of a larger package with three or four other buildings on the same parcel. Condominium development in a convenient location, Good exposure, on a main street, easy access to Mass Pike, retail spaces fit for any business, ten parking spaces, a huge finished basement for extra space. 2 sided six bedrooms, four-bedroom apartments, high rental income.

Price History
4/19/2024 Listed $2,070,000

General Features

Utilities Public Water,Public Sewer
Roof Shingle
Zoning BU2
Year Built 1938
Tax Year 2024
County Middlesex
Property Type Commercial Sale
HOA / Comm Assn No
Status Active
Directions Off Washington and Watertown Street
City Newton
Senior Community Y/N No
Zoning Description Other (See Remarks)
Lot Size Square Feet 24544
Waterfront Y/N No
Street Name Adams Street
Home Warranty Y/N No
Building Area Units Square Feet
Standard Status Active

Exterior Features

Total Parking 10
Lot Size Area 0.56
Lot Size Acres 0.56
Lot Size Units Acres

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 02458

Price
AVG $510K
$2.07M
Visits
AVG 369
63
Data Provided by Inside Real Estate®
Year Built
AVG 1971
1938