This large 7919-sf brick mixed-use Condo building with two spacious residential duplex units and one street-level retail space has a fantastic rent rollover of $126K and easy escalation on the residential units. It is an excellent buy-and-hold, individually or as part of a larger package with three or four other buildings on the same parcel. Condominium development in a convenient location, Good exposure, on a main street, easy access to Mass Pike, retail spaces fit for any business, ten parking spaces, a huge finished basement for extra space. 2 sided six bedrooms, four-bedroom apartments, high rental income.
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Last Updated: June 12th, 2024 at 11:07am
General Information for 212-214 Adams Street, Newton, Massachusetts 02458
Property TypeCommercial Sale
Price$2,070,000
MLS #73226099
List Date2024-04-18
Special Listing Conditions
StateMassachusetts
Street NameAdams Street
Unit
CityNewton
Zip Code02458
CountyMiddlesex
MLS Status
AssociationNo
Heat Zones
Sold Date
Building Area Total
Building Area Units0
Close Date
Close Price$0
Listing Service
UnparsedAddress212-214 Adams Street, Newton MA 02458
Zoning
Zoning DescriptionOther (See Remarks)
Business Type
Interior Features for 212-214 Adams Street, Newton, Massachusetts 02458
* Approx. Living Area Total0 sq ft
MLS Area (Major)
OffMarketDate
Exterior Features for 212-214 Adams Street, Newton, Massachusetts 02458
* Parking Spaces10
* Year Built1938
Year Built Details
Year Built Source
Construction Materials
Approx. Street Frontage
Utilities
Disclosures for 212-214 Adams Street, Newton, Massachusetts 02458
Buyer Agent Compensation1.75
Contingency
Financing
Disclosures
Documents Available
MLSPIN_COMP_BASED_ON
MLSPIN_COOP_COMP
MLSPIN_DISCLOSURE
Lead PaintUnknown
Facilitator Compensation0
TransactionBrokerCompensationType
BuyerAgencyCompensationType
Financial Information for 212-214 Adams Street, Newton, Massachusetts 02458
Association Fee$0
Association Fee Frequency
Associaton Fee Includes
AssociationNo
Assessed Value
Real Estate Tax$0
Tax Year
Existing Lease Type
OriginalListPrice$2,070,000
Lifestyle Information for 212-214 Adams Street, Newton, Massachusetts 02458
Association Amenities
Frontage Type
GarageYNNo
Location information for 212-214 Adams Street, Newton, Massachusetts 02458
Marketing History for 212-214 Adams Street, Newton, Massachusetts 02458
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PurchaseContractDate
Agent Information for 212-214 Adams Street, Newton, Massachusetts 02458