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.
Suites Ranging From 850 to 13,600 SF
The median home value in Newton, MA is $1,099,400. This is higher than the county median home value of $567,300. The national median home value is $219,700. The average price of homes sold in Newton, MA is $1,099,400. Approximately 67.68% of Newton homes are owned, compared to 27.21% rented, while 5.11% are vacant. Newton real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Newton real estate agent to arrange a tour today!
Newton, Massachusetts 02458 has a population of 88,479. Newton 02458 is more family-centric than the surrounding county with 41.29% of the households containing married families with children. The county average for households married with children is 36.38%.
The median household income in Newton, Massachusetts 02458 is $133,853. The median household income for the surrounding county is $92,878 compared to the national median of $57,652. The median age of people living in Newton 02458 is 40.9 years.
The average high temperature in July is 83.3 degrees, with an average low temperature in January of 17.6 degrees. The average rainfall is approximately 48.6 inches per year, with 43.8 inches of snow per year.