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

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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, Newton, MA

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.

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Photo of Monique Maynard
Monique Maynard
Sales Specialist
Direct: 603-759-6160
Office
PO Box 101
Merrimack, NH 03054
603-787-3155
Listed by Preservation Properties, Ed Lyon
Sold by Preservation Properties, Ed Lyon
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Listing information courtesy of: Preservation Properties

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