34 Channing St

Estimated Monthly Payment: $9,638/mo 34 Channing St, Newton, MA 02458 MLS# 72542293 Commercial/Industrial Listing Status: Active

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REMARKS:

GREAT INVESTMENT OPPORTUNITY. Beautiful 3 Family building in a great location in Newton corner. Steps to Mass pike off of Exit 17, express bus to downtown Boston and minutes from the commuter rail. 3 very spacious units with gleaming hardwood floors, eat in kitchens with garbage disposal and dishwasher. Washer and Dryer in the units. 5 off street parking spaces come with it. All units are tenanted and rented below market rates. Currently generates $118K annual gross income but has potential to generate $130K . BU1 mixed zoning would make it ideal to lease the first floor to a business. CAP RATE 6%. Ideal for DEVELOPERS AND CONTRACTORS.

OPEN HOUSE INFORMATION:

8/25/2019 1:00PM - 3:00PM
8/25/2019 1:00PM - 3:00PM
8/25/2019 1:00PM - 3:00PM
8/25/2019 1:00PM - 3:00PM

OVERVIEW:

Commercial/Industrial
Commercial
Active
1910
0.08
Wood shingles
3
Assigned
Assigned
Public Water, Public Sewer, Natural Gas

FINANCIAL:

$1,899,000
$11,734
2019

NEIGHBORHOOD & SCHOOL INFORMATION:

Broker Reciprocity Courtesy of Batya & Alex Team, William Raveis R.E. & Home Services

 

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