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Home Massachusetts Swampscott Multi-Family Homes for Sale

63 New Ocean St Swampscott, MA 01907
Contingent
41 Photos
$789,900
2 Unit
5 Beds
2 Baths
1962 SQFT
0.06 Acre
63 New Ocean St
Swampscott, MA 01907
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Property Description

Beautifully renovated two-family in Swampscott, very close to King’s Beach! This large two-family features a 2+ bed main level unit and 3+ bed 2nd-3rd level unit. Unit 1 can be delivered vacant end of June and Unit 2 in lease through 3/31/25. Both units have spacious rooms, eat-in kitchens and stunning hardwood floors. Unit 1 features recently renovated kitchen and bathroom. Unit 2 features spacious composite porch for entertaining and finished 3rd floor with bedroom, closet and office area. Separated utilities. Coin-op laundry in basement. New Roof, Solar Panels and Unit 1 Heating System (all installed in 2023). Property in close proximity to Boston-Rockport Commuter Rail, Bus Routes, Local Beaches, Boardwalk, Shopping, Restaurants, Library, Vinnin Square and Much More! Come take advantage of this cash flow opportunity for investors or owner-occupied while renting out the other unit. OH Sun 4/21 from 12-2pm & Mon 4/22 from 530-7pm. Offers due Tues 4/23 by 5pm.
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Property Overview

Property Details click or tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 3
  • Total Bedrooms: 5
  • Total Full Baths: 2
  • Amenities: Public Transportation
  • Basement Features: Concrete Floor, Full, Unfinished Basement
  • Common Rooms: Dining Room, Kitchen, Living Room, Office/Den
  • Common Interior Features: Upgraded Cabinets, Upgraded Countertops
  • Common Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Common Heating: Electric, Electric Baseboard, Forced Air, Forced Air, Gas, Hot Air Gravity, Hot Water Baseboard, Oil, Oil, Radiant, Space Heater

Financial

  • APOD Available: No
  • Gross Operating Income: 66000
  • Net Operating Income: 66000

Utilities

  • Electric Info: 100 Amps, Circuit Breakers, Other (See Remarks), Underground
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Electric, Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Electric, Water
  • Under Lease: Yes
  • Floors: 2
  • Levels: 2

Construction

  • Year Built: 1920
  • Type: 2 Family - 2 Units Up/Down
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73225040
  • Last Updated: 04/29/24

Property History click or tap to expand

Date Event Price Price/Sq Ft Source
04/24/2024Contingent$789,900$403MLSPIN
04/21/2024Active$789,900$403MLSPIN
04/17/2024New$789,900$403MLSPIN

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Seller's Representative: Mark Pitzi, Coldwell Banker Realty - Beverly
Sub Agent Compensation: n/a
Buyer Agent Compensation: 2
Facilitator Compensation: 0
Compensation Based On: Gross/Full Sale Price
Sub-Agency Relationship Offered: No

© 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 2024-04-29 11:51:00

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