$450,000

House for sale Newton
Property photo number 1 of 16 Photos for Property. File  104920048_29_5103798b7a339b06d91edbafebbeea2e.jpeg

Overview

SUMMARY: Discover an opportunity with this Newton house for sale and available for $450,000. This could be your next ideal home or a smart investment. More details await.
MLS will not accept the correct property address- Actual address is 9-1/2 Diller Avenue. Exceptional opportunity to own a well-maintained two-family home in the heart of Newton, perfect for investors or owner-occupants seeking rental income. The detached oversized one-car garage
provides valuable storage and offers the potential for additional rental income. The upper unit features approximately 800 sq. ft. w/2 bedrooms, 1 full bath, living room, dining area, kitchen, laundry and storage. The lower unit offers approximately 450 sq. ft. with 1 bedroom, 1 full bath, living room, eat-in kitchen and laundry. Separate gas, electric and heating systems for each unit; only shared utility is public water, Can have 2 meters according to town. Public water, public sewer and natural gas. Recent improvements include and a newly paved shared driveway and private drive, a 2022 roof, 2019 furnace, 2020 electric baseboard heat in the lower unit, Fresh Paint, Updated baths and kitchens. All appliances transfer. Current rent is below market, providing an outstanding opportunity to increase future cash flow. Conveniently located near shopping, restaurants, schools, parks and major commuting routes. A rare income-producing duplex-style multi-family investment property with separate utilities, low owner expenses and strong upside potential. Larger unit left unrented for potential buyers residence. Rent half and let the other unit help pay for mortgage. Investors will easily rent the other unit.
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Details

  • Beds: 3
  • Baths: 2
  • Price: $450,000

Location

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  • Listing Manager
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