Sunny spacious marble palace in the heart of Auburndale. Easy walk to shopping/public transportation, quick access to Rt.90/Rt.128. 2010 gut renovation of 1870 2 family. New roof in 2013, new sewer line to sewer main in 2016, fresh paint and floors, 2020 washer and dryer in Unit 2 and 2023 washer in unit 1. Natural wood interspersed with dark marble and granite countertops. State of the art systems and central vacuum in both units are in seamless harmony with Queen Anne design, with high ceilings creating ethereal feel. Additional 1370 s.f. in basement. Ample parking, deck and patio. Both units deleaded. Separate utilities, ready for condo conversion. Unit 1 is rented till 12/31/2025 at $3,800; Unit 2 is vacant.
This home has been viewed 93 times
Last Updated: January 5th, 2025 at 5:33am
Gross Income: $112,800
Gross Expenses: $16,835
Net Income Calc: $95,965
CAP Rate: 4.36%
Annual Expenses for 194 Auburn, Newton MA 02466
Total Gross Expenses (Calculated)$16,835/year
APOD AvailableNo
Heating$0
Electricity$200
Water$0
Gas$0
Insurance$2,975
Sewer$0
Trash Removal$0
Repair & Maintenance$240
Management$0
Miscellaneous$0
Real Estate Tax$13,420
Annual Income & Unit Breakdown for 194 Auburn, Newton MA 02466
Total Gross Income (Calculated)$112,800
Unit 1
Rental Income3800
LeaseN
Bedrooms3
Bathrooms1 Full, 1 Half
Floor1
Levels in Unit1
HeatingYes
Rent Includes
Unit 2
Rental Income5600
LeaseN
Bedrooms5
Bathrooms3 Full
Floor2
Levels in Unit2
HeatingYes
Rent Includes
General Information for 194 Auburn, Newton MA 02466
Listing ID73300437
Property TypeMulti Family / 2 Family
Price$2,200,000 ($528.21/SqFt)
Style
CityNewton
CountyMiddlesex
MLS AreaAuburndale
Neighborhood(s)
Approximate Living Area Total4,165 SqFt
Approximate Lot Size (Acres)0.12 acres
Total Parking6
Garage Parking
Year Built1870
Year Built SourcePublic Records
Year RenovatedN/A
Year Built DetailsRenovated Since
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame
Lot Features
Foundation Area1370
Foundation DescriptionStone,Brick/Mortar
Accessible Features
Outdoor Space
ZoningSR2
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy FeaturesThermostat,Other (See Remarks)
Terms
Interior Features for 194 Auburn, Newton MA 02466
Disclosures for 194 Auburn, Newton MA 02466
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area DisclosurePlus 1370 sq. ft. in basement
Building Area SourceMeasured
Title 5
Exclusions
Disclosures
Financial Data SourceOwner
Total Gross Expenses By Broker$3,415
Total Gross Income By Broker$112,800
Total Net Income By Broker$109,385
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation
Facilitator Compensation
Sub-Agent Compensation
Compensation Based On
Location Information for 194 Auburn, Newton MA 02466
Elementary SchoolWilliams
Middle SchoolBrown
High SchoolNewton South
Neighborhood(s)
MLS AreaAuburndale
Area AmenitiesShopping, Medical Facility, Public Transportation, Other, Sidewalks
Contact Information for 194 Auburn, Newton MA 02466