CCertihomes
212-214 Adams Street, Newton, MA 02458

$2,070,000

0 beds 0 baths Built 1938Active

About this home

This large 7919-sf brick mixed-use 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.

Affordability — calculate your monthly payment

Adjust your budget to see what's left after housing, utilities and transportation. Numbers below assume a 5% down, 30YrJumbo at 4% APR.

Your estimated payment
$15,258/mo

Real estate (PITI + HOA + PMI)
$15,040
Principal + interest$9,388
Property tax + insurance$4,876
PMI / 2nd mortgage$776
Utilities
$1,556
Heating + cooling$616
Internet + TV + phone$158
Water + sewer + garbage$58
Transportation
$112
Car insurance + maintenance$112
Other (entertainment)
$158
$15,258/mo TLC
Budget$15,758/mo
Remaining after TLC$500/mo
Purchase price
$2,070,000
Down payment
$103,500 (5%)
Loan amount
$1,966,500
APR
4%

Quick facts

Type
COM
Style
Year built
1938
Lot size
0.56 ac
Stories
0
Heating
Cooling
Water
HOA
Annual tax
MLS #
73226099
County
Middlesex

Home features

Roof
Shingle

Neighborhood — 02458

MetricThis ZIPCountyUSA
Population12,5486,444,931299,088,112
Population Change Since19900.00%7.00%20.00%
Population Density5,892786
Male5,8843,127,134147,432,321
Female6,6643,317,797151,655,844
Never Married4,2101,612,88563,775,926
Married4,8462,586,314123,120,365
Separated347247,85712,639,686
Widowed616363,59415,467,586
Divorced651436,88823,075,029
Number Of House Hold5,0692,431,591111,826,380
Average House Hold Size2.382.562.60
Medial Age38.0937.2535.46
Median House Hold Income$87,960$57,698$48,276
Average House Hold Income$124,877$75,023$63,629
P C I$52,656$29,196$24,529
M D I$69,707$48,105$41,133
A T H E$82,762$57,083$50,898
S T R5.00%5.00%
W C J82.16%81.38%77.74%
(Zip) Code
2458

Data via Certihomes neighborhood index. Comparisons across this ZIP, county and the United States.

Map & walkability

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MLSPIN

Listing information last refreshed 4/19/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.