37 Walnut Place, Newton, MA 02460 US Newton and Surrounding Areas Home for Sale

37 Walnut Place, Newton, Massachusetts

Property Details

Inactive

$1,595,000

Listing Information

  • MLS: 72034573
  • Bedrooms: 5
  • Baths: 5
  • Partial Baths: 0
  • SQ FT: 4994
  • Lot Size: 0.25

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

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Contact Information

Preservation Properties
439 Newtonville Avenue
Newtonville MA 02460
Office: 617.527.3700
Fax: 617.527.2050