Multi-Family for Sale: 294-298 Tremont St, Newton, MA 02458 SOLD

7 beds
4 full, 1 half baths
3,708 sqft
$1,400,000
$1,400,000
294-298 Tremont St, Newton, MA 02458 SOLD
7 beds
4 full, 1 half baths
3,708 sqft
$1,400,000
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Selling Price: $1,400,000
Original List Price: $1,995,000
Sold at 70.2% of list price
Sold Date: 07/11/2024

Type Multi-Family
Beds 7
Total Baths 4 full, 1 half baths
Square Feet 3,708 sqft
Lot Size 0.13 acres
Year Built 1938

City Newton
County Middlesex

MLS 73229125
Status Closed
DOM 77 days
Opportunity awaits the savvy buyer. Own a rare property in Newton just minutes from the Mass Pike and right on the express bus line to Boston. Seller has owned the building for decades and has always rented as 2 one-bedroom apartments on the first floor, a two-bedroom apt on 2nd floor and a three-bedroom apartment which duplexes into the 3rd floor. City of Newton is not sure property is a 2 ,3 or 4 family. Buyer will need to determine status after purchase. Several rooms have 10 foot ceilings, suggesting one 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 July. Some updates, but some finishes are in need of further updating. Gas hot air systems about 10 years old but roof dates to 1999. Parking for 5 cars but there is room to expand parking area. Don't let this one pass you by!

Lot & Building Features

Appliances Dishwasher, Refrigerator, Range Hood, Range
Construction Frame
Cooling None, Wall Unit(s)
Heating Forced Air, Natural Gas
Sewer Public Sewer
Tax Year 2024
Taxes Paid $9,565
Water Public
Foundation Stone
Exterior Features Stone Wall
Interior Features Bathroom With Tub & Shower, Upgraded Countertops, Upgraded Cabinets, Open Floorplan, Office/Den, Living Room, Living RM/Dining RM Combo, Kitchen, Internet Available - Unknown
Roof Shingle
Full Baths 4
Half Baths 1
Parking Common, Paved, Off Street
Total Rooms 16
Basement Feature Concrete, Unfinished, Interior Entry, Full
Garage Spaces 0

Community and Schools

Elementary School Underwood
Junior High School Bigelow
Senior High School North

Price History of 294-298 Tremont St

Date Name Price Difference
04/25/2024 Listing Price $1,400,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 294-298 Tremont St, Newton, MA

Location Map Street View
Photo of Jim Giampa
Jim Giampa
Manager / Broker
Direct: 603-235-5887
Office
655 Wallis Road.
Rye, NH 03870
603-964-7000
Listed by Preservation Properties, Ed Lyon
Sold by Preservation Properties, Ed Lyon
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Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Preservation Properties

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