59 Algonquin Rd

4,080 Sq. Ft.
$319 / Sq. Ft.
4,080
Sq. Ft.
$319
per Sq. Ft.

Description

Incredible opportunity for an investor Beautiful 2-fam perfectly located in Chestnut Hill just two blocks from BC's main gate. Almost everything in the house has been renovated and upgraded over the past few years. Bathrooms have been gutted, there is new electrical, new appliances in both kitchens, the 3-season porches in both units have been renovated into completely insulated bedrooms, the driveway was repaved, a brand new fence was installed, two months ago both units were completely painted,...Incredible opportunity for an investor Beautiful 2-fam perfectly located in Chestnut Hill just two blocks from BC's main gate. Almost everything in the house has been renovated and upgraded over the past few years. Bathrooms have been gutted, there is new electrical, new appliances in both kitchens, the 3-season porches in both units have been renovated into completely insulated bedrooms, the driveway was repaved, a brand new fence was installed, two months ago both units were completely painted, the floors were also sanded followed by a coat of polyurethane, the entryway and the front of the house was redone as well, which gives the house a great look as people enter. More work has been completed as well ensuring that the property is in great shape. Currently both rentals are fully self-sufficient / both units have no major or even small projects left to complete besides your basic upkeep. Leaving only the great income the rentals produce as well as the great value of the house.

Property Details for 59 Algonquin Road

Town
Newton
MLS Area
Chestnut Hill
Area
MA-Newton-Chestnut Hill, MA-Newton
Garage Spaces
2
Parking Spaces
10.00
Parking Spaces Total
12
LISTING UPDATED: 08/06/2022 05:53 AM

Property Details for 59 Algonquin Road

StatusSold
MLS #71603016
Days on Market14
Taxes$9,878 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 2 Family
Year Built1920
CountyMiddlesex County

Location

Listing Courtesy of Centre Realty Group, Jeff Abramowitz

Sold By Coldwell Banker Realty - Newton, Cathy Chan

Add your commute

Building Information for 59 Algonquin Road

Stories3Residences2Year Built1920Building Size-Lot Size0.21 AC / 9,255 SF

Payment Calculator

$7,159 per month

30 year fixed, 6.15% Interest

Principal and Interest

$6,336

Property Taxes

$823

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 59 Algonquin Road

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Golf Course
  • Current Financing: Conv. Fixed
  • Living Area: 4080.0
  • Total Units: 2
  • Waterfront: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Range, Dishwasher, Disposal, Refrigerator, Unit 1(Range, Disposal), Unit 2(Range
  • Basement Features: Full, Concrete Floor
  • Num of Baths: 4.0
  • Num of Full Baths: 4
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 4.00
  • Bathrooms Total Integer: 4
  • FireplaceFeatures: Wood Burning, Unit 1(Fireplace - Wood burning), Unit 2(Fireplace - Wood burning)
  • FireplaceYN: Yes
  • Fireplaces: 2
  • Flooring: Hardwood
  • Interior Features: Pantry, Storage, Living Room, Dining Room, Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room
  • Laundry Features: Unit 1 Laundry Room, Unit 2 Laundry Room
  • Window Features: Storm Window(s), Screens
Exterior Features
  • Construction: Brick, Stone
  • Exterior Features: Screens, Patio
  • Patio And Porch Features: Patio
  • Roof Material: Slate
Parking Features
  • Covered Spaces: 2.00
  • Garage: Yes
  • Garage Parking: Paved Drive, Shared Driveway, Off-Street, Paved Driveway
  • Open Parking: Yes
  • Parking Features: Paved Drive, Shared Driveway, Off-Street, Paved Driveway
  • Parking Features: Off-Street, Paved Driveway
Utilities
  • Cooling: None, Unit 1(None), Unit 2(None)
  • Cooling: No
  • Heating: Oil, Unit 1(Oil), Unit 2(Oil)
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Road Surface Type: Paved
Tax Information
  • Tax ID: 699193
  • Assessments: $859,700
  • Book: 00
  • Tax Year: 2013
  • Zoning: MR1
Building / Association Information
Living Characteristics
  • Beds Total: 9
  • Total Living Levels: 3
Other Building Characteristics
  • Foundation: Block
  • Foundation Area: 9999.0
  • Frontage: 45.00
Income / Expenses
  • Electricity: $9,999.00
  • Annual Expenses Source: Estimated
  • GOI: $97,800.00
  • Gross Scheduled Income: $9,999.00
  • Insurance: $9,999.00
  • GRE: $99,999
  • HTE: $9,999
  • MGF: $9,999
  • MSE: $9,999
  • RFS: $9,999
  • RME: $9,999
  • NOI: $48,000.00
  • Operating Expense: $99,999.00
  • WSE: $19,998.00
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: Y
  • Levels U2: 1
Rental Info
Rental Info
  • Total Actual Rent: $8,150.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2
  • Other Agent Compensation: 1

Property History for 59 Algonquin Road

DateEvent & SourcePriceAppreciation
Jan 28, 2014

Sold

MLS PIN #71603016

$1,300,070
Nov 13, 2013

Under Agreement

MLS PIN #71603016

Nov 13, 2013

Contingent

MLS PIN #71603016

Oct 30, 2013

Listed (Active)

MLS PIN #71603016

$1,375,000
DateEvent & SourcePrice
01/28/2014

Sold

MLS PIN #71603016

$1,300,070
11/13/2013

Under Agreement

MLS PIN #71603016

11/13/2013

Contingent

MLS PIN #71603016

10/30/2013

Listed (Active)

MLS PIN #71603016

$1,375,000

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

Schools near 59 Algonquin Road

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
Ward Elementary School
PublicK to 5

Bigelow Middle School
Public6 to 8

Newton North High School
Public9 to 12

Yeshiva Ohr Yisroel
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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Listing Courtesy of Centre Realty Group, Jeff Abramowitz

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.