101 Central Avenue

Newton, MA 02460

$1,850,000
Price
9
Beds
5
Baths
1
1/2 Bath
4,700 Sq. Ft.
$394 / Sq. Ft.
4,700
Sq. Ft.
$394
per Sq. Ft.

Description

Come view this spacious, 4,700 s.f. Newtonville 2 unit multi-family, and see how well it can work for you! Smart alternative to a single family, Unit 1 rental income pays a nice amount of the mortgage. Owner's unit (Unit 2) has approx 2,550 sf, 5 BR and 2.5 BA, with a flexible floor plan, comfortable kitchen with new countertops & backsplash and in-unit laundry. Can also work well for multi-generational living. Unit 1 has 4 BR, 3 BA and is leased through 5/31/25. Both units have separate fenced private...Come view this spacious, 4,700 s.f. Newtonville 2 unit multi-family, and see how well it can work for you! Smart alternative to a single family, Unit 1 rental income pays a nice amount of the mortgage. Owner's unit (Unit 2) has approx 2,550 sf, 5 BR and 2.5 BA, with a flexible floor plan, comfortable kitchen with new countertops & backsplash and in-unit laundry. Can also work well for multi-generational living. Unit 1 has 4 BR, 3 BA and is leased through 5/31/25. Both units have separate fenced private yard space. Equidistant to FA Day & Newton North. This home features solar panels, an electric vehicle charging port in the garage, and an excellent location that is convenient to everything - commuter roadways, commuter rail, bus service, Whole Foods and a variety of shops and restaurants. This property has always enjoyed an excellent rental history, Both units have Matterport tours. First floor unit is shown only on second showings.
  1. Listed by Stig Bergquist • Keller Williams Realty

Property Details for 101 Central Avenue

Town
Newton
Area
MA-Newton
Garage Spaces
2
Parking Spaces
4.00
Parking Spaces Total
6
LISTING UPDATED: 11/19/2024 07:39 PM

Property Details for 101 Central Avenue

StatusActive
MLS #73260493
Days on Market141
Taxes$13,769 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 2 Family - 2 Units Up/Down
Year Built1854
CountyMiddlesex County

Virtual Tour

Building Information for 101 Central Avenue

Stories3Residences2Year Built1854Building Size-Lot Size0.19 AC / 8,375 SF

Property Information for 101 Central Avenue

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Golf Course, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, T-Station, University, Other (See Remarks)
  • Living Area: 4700.0
  • Color: Gray
  • SqFt with Basement: No
  • Total Units: 2
  • Waterfront: No
  • Water View: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Location/School
  • Grade School: Horace Mann
  • High School: Newton North
  • Middle School: F A Day
Features
Interior Features
  • Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer, Disposal
  • Basement Features: Full, Partial, Garage Access
  • Num of Baths: 6.0
  • Num of Full Baths: 5
  • Num of Half Baths: 1
  • Bathrooms Total Decimal: 5.50
  • Bathrooms Total Integer: 6
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Wood, Tile, Vinyl, Carpet, Varies, Hardwood, Stone/Ceramic Tile
  • Interior Features: Bathroom with Shower Stall, Lead Certification Available, Internet Available - Broadband, Living Room, Dining Room, Kitchen, Office/Den, Laundry Room
  • Interior Features: Internet Available - Broadband, Window AC
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • SpaYN: No
  • Window Features: Skylight(s), Insulated Windows
Exterior Features
  • Construction: Frame
  • Exterior Features: Rain Gutters
  • Exterior Features: Porch, Patio
  • Lot Description: Gentle Sloping
  • Patio And Porch Features: Porch, Patio
  • Roof Material: Shingle, Rubber
Parking Features
  • Covered Spaces: 2.00
  • Garage: Yes
  • Garage Parking: Paved Drive, Assigned, Paved Driveway
  • Open Parking: Yes
  • Parking Features: Paved Drive, Assigned, Paved Driveway
  • Parking Features: Assigned, Paved Driveway
Utilities
  • Cooling: Window AC, Wall AC
  • Cooling: Yes
  • Electric: 110 Volts, Circuit Breakers, 200+ Amp Service, Common
  • Green Energy Generation: Solar
  • Heating: Electric, Hot Water, Unit Control, Steam, Common, Wall Unit
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Range, for Gas Dryer, Washer Hookup, Varies per Unit
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: Seller has not lived in house for many years. 2nd floor has letter of Lead compliance. Third floor has lead paint. First floor unkown. See attached reports. Prev termite treatment. Rents are gross. Utilities not fully separated. Floor Plans for marketing purposes only
Tax Information
  • Tax ID: S:23 B:023 L:0004,686097
  • Assessments: $1,410,800
  • Book: 0
  • Tax Year: 2024
  • Zoning: MR1
Building / Association Information
Living Characteristics
  • Beds Total: 9
  • Total Living Levels: 3
Other Building Characteristics
  • Foundation: Concrete Perimeter, Stone, Irregular
  • Cooling Units: 0
  • Cooling Zones: 0
  • Heat Units: 2
  • Heat Zones: 2
Income / Expenses
  • Electricity: $6,761.00
  • Annual Expenses Source: Owner
  • GOI: $76,500.00
  • Gross Scheduled Income: $6,340.00
  • GRE: $17,842
  • MSE: $1,591
  • NOI: $76,500.00
  • Operating Expense: $17,842.00
  • WSE: $3,150.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: N
  • Levels U2: 2
Rental Info
Rental Info
  • Total Actual Rent: $6,375.00

Property History for 101 Central Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 101 Central Avenue

Taxable ValueLand$740,500Additions$670,300Total$1,410,800
Tax Record2024$13,769 ($1,147 / month)
Home Facts
Baths5.5Total Finished SqFt4,390 SqFtAbove Grade Finished SqFt4,390 SqFtUnfinished Basement SqFt2,150 SqFtStories3Lot Size8,375 SqFtStyleDuplexYear Built1854ZoningMR1CountyMIDDLESEXAPNNEWT S:23 B:023 L:0004

Schools near 101 Central Avenue

This home is within Newton School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Private - 9 to 12
Rating
School
Distance
Horace Mann Elementary School
PublicK to 5

F A Day Middle School
Public6 to 8

Newton North High School
Public9 to 12

Trinity Catholic High School
Private9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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101 Central Avenue is a multi-family home for sale in Newton, MA 02460. This property was listed for sale on July 5, 2024 by Keller Williams Realty, it's currently listed at $1,850,000. This listing's school district is Newton School District. Nearby schools include Horace Mann Elementary School, F A Day Middle School and Newton North High School. 101 Central Avenue is a 9-bed, 5.5-bath, 4,700 sqft multi-family home built in 1854.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty, Stig Bergquist

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.