No open house but I can get us in. This is a cash cow.
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________________________________________
From: Elliot Pirate Epstein [
epep...@gmail.com]
Sent: Friday, March 29, 2013 10:37 AM
To: Zachary Christman;
realesta...@googlegroups.com
Subject: Re: 2-4 Mechanic St, Newton, MA
Hi Everyone,
Cerise is out right now and I'm heading to NYC for the weekend, but she wanted me to email you all to say that she is very interested in this and wants to see it sometime this weekend if possible and is wondering if there is an open house.
Thanks!
zchri...@hammondre.com<mailto:
zchri...@hammondre.com>
http://zacharychristman.myhammondagent.com/
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617-821-0222<tel:
617-821-0222>
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617-731-4644 Ext 344<tel:617-731-4644%20Ext%20344>
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617-284-6277>
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MLS # 71499940 - New
Multi Family - 4 Family
2-4 Mechanic St List Price: $799,000
Newton, MA 02464-1414
Middlesex County
Color: Yellow
Total Floors: 4 Total Rooms: 20
Total Units: 4 Total Bedrooms: 12
Total Rent: $6,690 Total Bathrooms: 4f 0h
Grade School: COUNTRYSIDE Total Fireplaces: 0
Middle School: BROWN
High School: NEWTON SOUTH
Directions: Route 9 to Elliot St, left on Mechanic St
Remarks
Well located cash flow property upgraded with new siding and landscaping. Four units each duplex layout of three bedrooms upstairs, LR,and kitchen with gas stove and dishwasher downstairs. Units have separate gas heat and electric. Two units have laundry. The neighborhood features a variety of restaurants and local stores. Condo conversion opportunity or maintain as legal four family rental property. Eliot T stop on Green Line is 0.6 miles or 12 mins. Lead safe certificates
Property Information
Approx. Living Area: 4400 sq. ft. Approx. Acres: 0.1 (4550 sq. ft.) Garage Spaces: 0
Living Area Includes: Heat/Cool Zones: / Parking Spaces: 4 Off-Street, Assigned, Paved Driveway
Living Area Source: Owner Heat/Cool Units: 4/ Approx. Street Frontage: 45 ft
Living Area Disclosures: Buyer should do own due diligence, assessor has different number.
Annual Expenses for Fiscal Year Ending 12/12
Heating: $ Repair & Maintenance: $2750 Management: $ Gross Income: $80280
Gas: $1570 Trash Removal: $ Miscellaneous: $ Gross Expenses: $9908
Electricity: $209 Sewer: $ Ann. Prop. Oper. Data: No Net Income: $70372
Water: $3479 Insurance: $1900 Annual Expense Source: Estimated
Unit Descriptions
Unit #1
Rooms: 5 Bedrooms: 3 Bathrooms: 1f 0h Fireplaces: 0 Levels: 2 Floor: 2 Rent: 1650 Lease: No
Rooms: Kitchen, Living RM/Dining RM Combo
Appliances: Range, Refrigerator
Interior Features: Lead Certification Available, Hardwood Floors, Wood Flooring, Bathroom With Tub
Heating: Hot Water Baseboard, Gas, Individual
Rent Includes: Water, Hot Water
Unit #2
Rooms: 5 Bedrooms: 3 Bathrooms: 1f 0h Fireplaces: 0 Levels: 2 Floor: 3 Rent: 1657 Lease: Yes
Rooms: Kitchen, Living RM/Dining RM Combo
Appliances: Range, Refrigerator
Interior Features: Lead Certification Available, Hardwood Floors, Wood Flooring, Bathroom With Tub
Heating: Hot Water Baseboard, Gas, Individual
Rent Includes: Water, Hot Water
Unit #3
Rooms: 5 Bedrooms: 3 Bathrooms: 1f 0h Fireplaces: 0 Levels: 2 Floor: 2 Rent: 1800 Lease: Yes
Rooms: Kitchen, Living RM/Dining RM Combo
Appliances: Range, Refrigerator
Interior Features: Lead Certification Available, Hardwood Floors, Wood Flooring, Bathroom With Tub
Heating: Hot Water Baseboard, Gas, Individual
Rent Includes: Water, Hot Water
Unit #4
Rooms: 5 Bedrooms: 3 Bathrooms: 1f 0h Fireplaces: 0 Levels: 2 Floor: 3 Rent: 1565 Lease: Yes
Rooms: Kitchen, Living RM/Dining RM Combo
Appliances: Range, Refrigerator
Interior Features: Lead Certification Available, Hardwood Floors, Wood Flooring, Bathroom With Tub
Heating: Hot Water Baseboard, Gas, Individual
Rent Includes: Water, Hot Water
Common Areas
Rooms: Other (See Remarks)
Features
Area Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Conservation Area, House of Worship, T-Station
Basement: No
Beach: No
Construction: Frame
Exterior: Clapboard
Exterior Features: Deck, Covered Patio/Deck, Gutters, Professional Landscaping
Flooring: Wood, Tile
Foundation Size: 1234Sqf
Foundation Description: Fieldstone
Hot Water: Natural Gas, Tank
Lot Description: Paved Drive, Easements, Shared Drive
Road Type: Public, Paved, Publicly Maint., Sidewalk
Roof Material: Asphalt/Fiberglass Shingles
Sewer Utilities: City/Town Sewer
Utility Connections: for Gas Range
Water Utilities: City/Town Water
Waterfront: No
Other Property Info
Disclosure Declaration: No
Disclosures: One water meter. 5 gas meters. 5 electric meters. Shared driveway.Owner is broker.
Exclusions:
Facing Direction: Northwest
Lead Paint: None
UFFI: Warranty Features:
Year Built: 1850 Source: Public Record
Year Built Description: Actual
Year Round:
Short Sale w/Lndr.App.Req: No
Lender Owned: No
Tax Information
Pin #: S:51 B:031 L:0007
Assessed: $703,000
Tax: $7853 Tax Year: 2012
Book: 48123 Page: 561
Cert: 00170984
Zoning Code: MR2
Map: Block: Lot:
Firm Remarks
2 #1 TAW w laundry, 2 #2 Lease to 9/30/2013, 4 #1 Lease to 5/31/2013, 4 #2 Lease to 1/14 w laundry
Market Information
Listing Date: 3/28/2013 Listing Market Time: MLS# has been on for 1 day(s)
Days on Market: Property has been on the market for a total of 1 day(s) Office Market Time: Office has listed this property for 1 day(s)
Expiration Date: Cash Paid for Upgrades:
Original Price: $799,000 Seller Concessions at Closing:
Off Market Date:
Sale Date:
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Market History for 2-4 Mechanic St, Newton, MA 02464
MLS # Date DOM Price
71499940 3/28/2013 Listed for $799,000 $799,000
3/28/2013 Buyers Agent Compensation Changed From: 2.5% To: 2
3/28/2013 Facilitator/Other Agent Compensation Changed From: 2.5% To: 2 1
Market History for Office Id: BB5200 1
Market History for this property 1
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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 ©2013 MLS Property Information Network, Inc.
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