294-298 Tremont St Newton, MA ^$ 1,995,000

294-298 Tremont St

^$ 1,995,000

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294-298 Tremont St

Newton, MA, 02458

^$ 1,995,000

Bedrooms7 Baths4.1 Sq 3,708

Monthly Estimate*

^$ 13,936

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Multi-Family Home for sale in Newton, MA

for $1,995,000 with 7 bedrooms and 4 full baths, 1 half bath. This 3,708 square foot home was built in 1938 on a lot size of 0.13.

Terrific opportunity to own a rare four family home in a great location in Newton just minutes from the Mass Pike and right on the express bus line to Boston. There are 2 one-bedroom apartments on the first floor, a two-bedroom apt on 2nd floor and 4th unit is a three-bedroom apartment which duplexes into the 3rd floor (the other unit can probably be enlarged into the 3rd floor also). Several rooms have 10 foot ceilings, suggesting each unit could remove the drop ceilings to go full height for impressive spaces. The basement is unfinished but has a high ceiling, and there are *4 furnaces*4 hot water tanks* & *4 electric meters* Long term tenants with leases expiring this summer, but would like to extend with new owner if mutually desired. 2 units updated, 2 need updating but systems and roof in good shape. Parking for 5 but there is room to expand parking area. Don't let this one pass you by!

Multi-Family Active

Price

^$ 1,995,000

Bedrooms

Full Bath

Half Bath

Property Type

Multi-Family

Taxes

^$ 9,565

Style

4 Family

Lot Size

0.13

Year Built

1938

Town/City

Newton

County/Region

Middlesex

MLS | Web ID

73229125

List By

Ed Lyon

Listing Agent

Preservation Properties

Broker

Affordability Calculator

$14,733

Per Month

Monthly Principal & Interest: $13,936
Monthly Property Taxes: $797
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Trends

Multi-family listings in Newton, MA

Average List Price ^$1,801,363

Percent of Sale Price 10%

About Newton, MA

86,108 Population

3% Since 2002

^$130,037 Median Income

41.32 Median Age

34% Households with Children

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Trends Information provided by ATTOM Data Solutions.

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Pricing History

Date	Price	Price Change	Description
4/26/2024	$1,995,000		Listed Price

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294-298 Tremont St, Newton, MA, 02458 is a Multi-Family Home for sale at $1,995,000 with 3,708 sqft and a lot size of 0.13. 294-298 Tremont St has 7 bedrooms, 4.1 baths, and was built in 1938. The property's zip code is 02458 which is in Newton, MA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Data is updated as of 5/7/2024.

The real estate information and related content displayed on this site is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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294-298 Tremont St

Multi-Family Home for sale in Newton, MA

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