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You are here:
Home Massachusetts Newton Multi-Family Homes for Sale

101 Central Ave Newton, MA 02460

139 Days on Boston Pads
38 Photos
$1,850,000
2 Unit
9 Beds
6 Baths
4700 SQFT
0.19 Acre
101 Central Ave
Newton, MA 02460

Property Description

Come view this spacious, 4,700 s.f. Newtonville 2 unit multi-family, and see how well it can work for you! Smart alternative to a single family, Unit 1 rental income pays a nice amount of the mortgage. Owner's unit (Unit 2) has approx 2,550 sf, 5 BR and 2.5 BA, with a flexible floor plan, comfortable kitchen with new countertops & backsplash and in-unit laundry. Can also work well for multi-generational living. Unit 1 has 4 BR, 3 BA and is leased through 5/31/25. Both units have separate fenced private yard space. Equidistant to FA Day & Newton North. This home features solar panels, an electric vehicle charging port in the garage, and an excellent location that is convenient to everything - commuter roadways, commuter rail, bus service, Whole Foods and a variety of shops and restaurants. This property has always enjoyed an excellent rental history, Both units have Matterport tours. First floor unit is shown only on second showings.

Property Overview

Property Details click or tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 3
  • Total Bedrooms: 9
  • Total Full Baths: 5
  • Total Half Baths: 1
  • Amenities: Golf Course, Highway Access, House of Worship, Laundromat, Medical Facility, Other (See Remarks), Park, Public School, Public Transportation, Shopping, Swimming Pool, Tennis Court, T-Station, University
  • Basement Features: Full, Garage Access, Partial
  • Common Rooms: Dining Room, Kitchen, Living Room, Office/Den
  • Common Interior Features: Bathroom with Shower Stall, Internet Available - Broadband, Lead Certification Available, Tile Floor
  • Common Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer, Washer Hookup
  • Common Heating: Active Solar, Central Heat, Common, Electric, Electric, Electric Baseboard, Forced Air, Ground Source Heat Pump, Hot Water Baseboard, Hot Water Radiators, Hot Water Radiators, Humidifier, Space Heater, Steam, Wall Unit

Financial

  • APOD Available: Yes
  • Expenses Source: Owner Provided
  • Gross Operating Income: 76500
  • Gross Expenses: 17842
  • GSE: 6340
  • Electric Expenses: 6761
  • Water/Sewer: 3150
  • Miscellaneous Expense: 1591
  • Net Operating Income: 76500

Utilities

  • Heat Zones: 2
  • Electric Info: 110 Volts, 200 Amps, Circuit Breakers, Common, On-Site, Other (See Remarks), Underground
  • Energy Features: Insulated Windows
  • Utility Connections: for Gas Dryer, for Gas Range, Varies per Unit, Washer Hookup
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Electric, Gas, Heat, Hot Water, Other (See Remarks), Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Electric, Gas, Heat, Hot Water, Other (See Remarks), Water
  • Under Lease: No
  • Floors: 2
  • Levels: 2

Construction

  • Year Built: 1854
  • Type: 2 Family - 2 Units Up/Down
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone, Irregular, Poured Concrete
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles, Rubber
  • Flooring Type: Hardwood, Tile, Vinyl, Wall to Wall Carpet, Wood
  • Lead Paint: Certified Treated, Yes
  • Warranty: No

Other Information

  • MLS ID# 73260493
  • Last Updated: 11/19/24

Property History click or tap to expand

Date Event Price Price/Sq Ft Source
09/03/2024Active$1,850,000$394MLSPIN
08/30/2024Extended$1,850,000$394MLSPIN
07/09/2024Active$1,850,000$394MLSPIN
07/05/2024New$1,850,000$394MLSPIN

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View Breakdown

Map & Resources

Horace Mann School (historic)

School

0.35mi

Dearborn Academy School

Special Education, Grades: 2-12

0.45mi

Our Lady School

School

0.46mi

Trinity Catholic High

Private School, Grades: 9-12

0.46mi

Cabot's

Ice Cream Parlor

0.13mi

Donut Villa Brunch & Bar

Brunch & Donut Restaurant

0.25mi

Newton Fire Department

Fire Station

0.29mi

Washington Park

Municipal Park

0.27mi

Joanne C. Pellegrini Memorial Playground

Municipal Park

0.33mi

Russell J. Halloran Sports and Recreation Complex at Albemarle Park

Park

0.39mi

Cabot Park

Municipal Park

0.44mi

Silent Spring Information Center

Library

0.36mi

Star Market

Supermarket

0.2mi

Whole Foods Market

Supermarket

0.32mi

Walnut St @ Washington St

556
59

0.09mi

Walnut St @ Page Rd

556
59

0.09mi

Walnut St @ Page Rd

556
59

0.09mi

Washington St @ Walnut St

553
554
556

0.1mi

Newtonville

Framingham-Worcester

0.1mi

Washington St @ Walnut St

553
554

0.11mi

Walnut St @ Newtonville Ave

59

0.14mi

Walnut St @ Austin St

59

0.16mi

Seller's Representative: Stig Bergquist, Keller Williams Realty
MLS ID#: 73260493

© 2024 MLS Property Information Network, Inc.. All rights reserved.

The property listing data and information 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 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 set forth herein.

MLS PIN data last updated at 2024-11-19 16:19:00

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