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Dedham Multi-Family Investment Back on the Market

Dedham Multi-Family Investment Back on the Market

Dedham Multi-Family28 Stormy Hill
Dedham, MA 02026
Offered at $450,000
MLS 72241440.

This Antique multi-family home has great potential for rental income or condo conversion. Located in Desirable Dedham next to historic Mother Brook, a man made canal connecting to the Neponset and the Charles. Side by side units with 2 beds, 1 bath and 4 beds, 1 bath. Recently updated heating systems (about 2016 and 2001). Excellent expansion potential–these two units that would be perfect for attracting college student rentals or to be converted to two condos.

East Dedham has easy access to major highways and public transportation. Dedham Square has multiple new dining experiences indicating the rising economic growth of the town. Also other excellent shopping and dining opportunities including vibrant Legacy Place with King’s Bowling and Showcase Cinema and the historic Dedham Community Theatre and the Mother Brook Art Center. For the nature lover, Dedham has over 10 parks/conservation areas across the town.

Buyer must do due diligence. Purchase must be contingent on seller finding suitable housing.

Dedham Multi-Family

Victorian Multi Family Home in Newton – a Rare Find!

Victorian Multi Family Home in Newton – a Rare Find!

Victorian Multi Family Home in Newton – a Rare Find!

Newton Corner Maulti Family

Curved wall looking out to the yard

Spacious two unit home with approximately 3,583 square feet of living area. First unit has 4 bedrooms and 1 1/2 baths. Two parlor rooms and a stunning dining room with curved wall with windows over looking the yard and charming vista. Second unit has 2 bedrooms with 1 bath with lots of potential. The home sits on an expansive lot of about 16,450 square feet. Located in convenient Newton Corner with easy access to the Mass. Pike and Commuter Rail.

MLS No. 71640711
115 Park Street
Newton, MA 02458
Listed for $972,500
Listing Broker, Marjory Gundersheim, Keller Williams Realty, Newton

Newton Corner Multi Family

Historic charm

If you would like a Buyer Agent’s advice as you tour the home, contact me at 617-797-9497 or at Janet@JanetPorcaro.net

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The information in this listing was gathered from third party sources including the seller and public records. MLS Property Information Network and its subscribers disclaim any and all representations or warranties as to the accuracy of this information. Content ©2014 MLS Property Information Network, Inc.

Search for the Holy Multi-family Home!

Search for the Holy Multi-family Home!

Multi-family homes are in demand in the Greater Boston Area.

Fact: the real estate market has come alive. Fact: number of sales are up. Fact: sale prices are rising. Dozens of statistical reports confirm. Investors are actively pursuing real estate investment options. Buyers are looking for owner occupant rental income properties. The statistics are striking for Newton multi-family homes.

Sales Comparison - Multi-Family Homes in Newton

Sales comparison – multi-family homes sold
Newton 2012 v. 2011
Data compiled from MLS

 

 

 

 

 

 

 

 

 

Whether you are an investor or an owner occupant buyer, if you find the right property at the right price, you might find yourself in a multiple bid situation. Find a good Buyer Agent to help you find the right home at the right price. Call Janet at 617.797.9497.

Search for the Holy Multi-family Home!

Three Multi-family Homes in Newton

Multi-family properties spell opportunity.  The following 3 properties all have some features in common: hardwood floors, lots of natural woodwork, architectural details, and good light. Coincidentally, they all have screened in porches.  This is where the similarities end and the many variations begin. My point being…comparing properties, determining market value in New England is challenging. Not only do our neighborhoods vary from village to village, properties vary greatly in style, size, lot size, layout and more. Condition is also an important part of the puzzle. Most important the number have to work. If you would like a Buyer Agent’s advice as you tour any of these homes, contact me at Janet@JanetPorcaro.net.

2033-2035 Commonwealth Avenue

2033-2035 Commonwealth Avenue

MLS # 71372602
2033-2035 Commonwealth Ave
Newton, MA 02466-2005

  • List price: $724,000
  • Total rooms: 10
  • Total bedrooms: 4
  • Total bathrooms: 2 full
  • Approx. living area: 2616
  • Approx. lot size: 5770

Listing broker is Karen Nickel, Hammond Residential, Chestnut Hill

268Melrose

268 Melrose Street

MLS #71373820 268 Melrose St
Newton, MA : Auburndale 02466

  • List Price: $589,000
  • Total rooms: 13
  • Total bedrooms: 5
  • Total bathrooms: 2 full
  • Approx. living area: 2607
  • Approx. lot size: 6250
Listing broker is Ned Mahoney, RE/MAX Leading Edge, Newton
117 Pleasant Street

117 Pleasant Street

MLS #71372378
117 Pleasant St
Newton, MA 02459

  • List Price: $910,000
  • Total rooms: 12
  • Total bedrooms: 4
  • Total bathrooms: 2 full
  • Approx. living area: 2700
  • Approx. lot size: 7456
Listing broker is John Saleh, Centre Realty Group, Newton Centre
Play VisualTour
Play VisualTour
Play VisualTour

The information in these listings was gathered from third party sources including the seller and public records. MLS Property Information Network and its subscribers disclaim any and all representations or warranties as to the accuracy of this information. Content ©2012 MLS Property Information Network, Inc.

Search for the Holy Multi-family Home!

History Repeats Itself – Multi-family Homes Gain Renewed Popularity

Multi-family homes have been a consistent part of the Greater Boston Area housing inventory since the Civil War if not before. During the latter part of the nineteenth century, wood frame multi-family homes gave the working class an opportunity to experience home ownership as Boston’s “streetcar suburb” developed.

“…Owners of multi-family houses would then rent out the other living units in their building, thereby greatly increasing their income. The rented units allowed newcomers to get established in the city and eventually save enough money to become landowners in turn.” ~Peter H. Wiederspahn, Associate Professor, Northeastern University,  Department of Architecture

Fast forward to 2012 where we find the multi-family home option becoming increasingly attractive. Buyers are considering the multi-family home for either owner occupancy or investment purposes.  Rental properties are in demand in the Greater Boston Area making it fairly easy for a landlord to find strong tenants. Housing prices seem to be on the upturn making this a fabulous time to buy a home. Consider a multi-family option.

Following are two beautiful Newton multi-family homes currently on the market as of April 24, 2012.

Newton Multi-families

Comm Ave – Fireplace in living room

2138-2140 Commonwealth Avenue, Newton, MA 02466
This Pottery Barn 2 family home is in move-in condition. Full of charming details with a fireplace living room, built in dining room hutch and a back deck in each unit and seated comfortably on the tree lined lot. You will experience a sense of pride of ownership when you visit this comfortable home located in the Village

Comm Ave – Breakfast nook in 2nd floor unit

Auburndale– known for its beautiful parks and recreational areas including the community rowing on the Charles River.

MLS No. 71368928 – listed for $715,000
5 bedrooms, 2 full baths
2,444 sq. ft. living area
8,527 sq. ft. lot
2 garage spaces, 3 parking spaces
Listing broker is Mary Lewis, Century 21 Commonwealth

31-33 Cotter Road

31-34 Cotter Road, Newton, MA 02468
This handsome white home features  updated kitchens, gleaming hard wood floors, and charming details, you will want to stay.  This well maintained 2 family is located in the Village of Waban–an historic Village with a charming Village Center conveniently located next to the Waban Center T stop.  Read about Waban at www.wabanimprovement.org.

MLS No. 71341949 – listed for $749,000
6 bedrooms, 2 full baths
2,862 sq. ft. living area
6,060 sq. ft. lot
1 garage space, 4 parking spaces

Newton Multi-families

Cotter Rd – White fireplace in living room

Listing broker is Christopher Lee from Gibson Sotheby’s International

If you would like a Buyer Agent’s advice as you tour the home, contact me at Janet@JanetPorcaro.net.

The information in this listing was gathered from third party sources including the seller and public records. MLS Property Information Network and its subscribers disclaim any and all representations or warranties as to the accuracy of this information. Content ©2011 MLS Property Information Network, Inc.

Cotter Rd – side view

Newton Multi-family

Cotter Rd – Stainless steel and granite kitchen

Comm Ave – bedroom

Comm Ave – kitchen

Comm Ave – Read deck

Comm Ave – Listing Broker Mary Lewis entering dining area

Search for the Holy Multi-family Home!

Magnificent 3 Family Home Overlooking the Heights

1st floor bedroom with adjoining sunroom

1st floor bedroom with adjoining sun room

A 3-family home in the heart of desirable Chestnut Hill is a rare find, especially one so suited to this neighborhood. This special property is perfect to an owner investor. Who cares about a view of the Boston skyline? This house has an even better feature.  Each unit has a perfect view of the spires of Boston College nestled behind the trees and gracious surrounding homes. (OK, I confess, I graduated from Boston College and have always enjoyed the beauty of the campus.)

The 1st floor unit has a flexible layout with options for various room configurations depending on your style and choices. There are 8 rooms total with 2 full baths and 1 half bath.  In addition, there is a charming a sun room.  On the other side of the unit is a family room or potential 5th bedroom.  The rooms are sunny and spacious rooms with shining hardwood floors and charming features such as a built in hutch, fireplace, and a lovely back deck overlooking a level yard.

2nd Floor Dining Area

2nd Floor Dining Area

The 2nd and 3rd floor units have been handsomely renovated. Both include kitchens with stainless steel appliances, granite counter tops, and warm wood cabinetry. The baths are elegantly updated with clean lines and plenty of creature comforts like the jet tub in the 3rd floor spa bath.

The entire building has been meticulously maintained. Even the common stairways in this home have been dressed in their Sunday best, with fresh carpeting and paint.

2nd Floor Kitchen

2nd Floor Kitchen

Open House on Sunday, February 12, 2012 from 1 to 3 pm

MLS # 71336332
25-27 Crosby Road
Chestnut Hill, MA 02467

  • $1,450,000 List Price
  • 4,235 sq. ft. living total area
  • 12,00 sq. ft. lot
  • 19 rooms
  • 8 bedrooms
  • 6 full baths, 1 half bath
  • 2 garage spaces, 3 off-street parking spaces
3rd Floor Living Room

3rd Floor Living Room

The listing broker is Tom Aaron from Coldwell Banker Residential Brokerage from Wellesley.
Click here to download the listing sheet for 25-27 Crosby Road.

If you would like a Buyer Agent’s advice as you tour the home, contact me at Janet@JanetPorcaro.net.

3rd floor kitchen

3rd floor kitchen

The information in this listing was gathered from third party sources including the seller and public records. MLS Property Information Network and its subscribers disclaim any and all representations or warranties as to the accuracy of this information. Content ©2011 MLS Property Information Network, Inc.

Airy bath

Airy bath with lots of light

spa bath

Spa bath

3rd floor dining area

3rd floor dining area