CCertihomes
294-298 Tremont St, Newton, MA 02458

$1,995,000

7 beds 5 baths 3,708 sqft Built 193810 days on marketActive

About this home

Terrific opportunity to own a rare four family home in a great location in Newton just minutes from the Mass Pike and right on the express bus line to Boston. There are 2 one-bedroom apartments on the first floor, a two-bedroom apt on 2nd floor and 4th unit is a three-bedroom apartment which duplexes into the 3rd floor (the other unit can probably be enlarged into the 3rd floor also). Several rooms have 10 foot ceilings, suggesting each unit could remove the drop ceilings to go full height for impressive spaces. The basement is unfinished but has a high ceiling, and there are *4 furnaces*4 hot water tanks* & *4 electric meters* Long term tenants with leases expiring this summer, but would like to extend with new owner if mutually desired. 2 units updated, 2 need updating but systems and roof in good shape. Parking for 5 but there is room to expand parking area. Don't let this one pass you by!

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
$12,348/mo

Real estate (PITI + HOA + PMI)
$12,525
Principal + interest$9,048
Property tax + insurance$2,729
PMI / 2nd mortgage$748
Utilities
$710
Heating + cooling$193
Internet + TV + phone$158
Water + sewer + garbage$58
Transportation
$112
Car insurance + maintenance$112
Other (entertainment)
$158
$12,348/mo TLC
Budget$12,848/mo
Remaining after TLC$500/mo
Purchase price
$1,995,000
Down payment
$99,750 (5%)
Loan amount
$1,895,250
APR
4%

Quick facts

Type
4 Family
Style
Year built
1938
Lot size
0.13 ac
Stories
6
Heating
Forced Air, Natural Gas
Cooling
None, Wall Unit(s)
Water
Public
HOA
Annual tax
$9,565
MLS #
73229125
County
Middlesex

At a glance

Basement
Dishwasher

Home features

Appliances
RangeRefrigeratorRange HoodDishwasher
Interior
Bathroom With Tub & ShowerUpgraded CabinetsUpgraded CountertopsOpen FloorplanInternet Available - UnknownLiving RoomKitchenLiving RM/Dining RM ComboOffice/Den
Exterior
Stone Wall
Community
Public TransportationShoppingTennis Court(s)ParkWalk/Jog TrailsGolfMedical FacilityLaundromatBike PathConservation AreaHighway AccessHouse of WorshipMarinaPrivate SchoolPublic SchoolT-StationUniversitySidewalks
Parking
Off StreetCommonPaved
Flooring
Tile, Carpet, Varies, Hardwood
Roof
Shingle
Sewer
Public Sewer

Lot features

Level, Sloped

Schools

Elementary
Underwood
Middle
Bigelow
High
North

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.

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MLSPIN

Listing information last refreshed 4/26/2024. Provided courtesy of the listing office via MLSPIN. Information deemed reliable but not guaranteed.