$929,000
PENDING

Estimated payment $6,325/month

Total Views 2,577
9 Beds
6 Baths
3,350 Sq Ft
$277 Price per Sq Ft

Highlights

  • Beach Access
  • Attic
  • Baseboard Heating
  • Property is near public transit
  • Public Transportation
  • Private Driveway

About This Home

*H&B due by Tuesday, June 24 at Noon* Welcome to a true unicorn of an investment opportunity - 10 Elmwood Street. This rare 3-family property features three side-by-side townhouse-style units, each offering 3 bedrooms, 1.5 baths, private entrances, and over 1,115 sq ft of living space. Each unit includes finished or finishable basement space with laundry. Long-term tenants are in place, all on leases through October 2025, and consistently pay on time. While current rents are well below market value, each unit has the potential to generate over $3,000/month with updates - plus, there's an additional garage on the property that offers extra potential rental income. Investors, this is your chance to own a multi-family property with tons of upside and imagination. New gutters installed in 2024 as well as new kitchen floors in each unit. The property needs some TLC, but the bones are strong and the income potential is huge. Properties like this simply don't hit the market often - especially at this price point. Whether you're looking to hold, renovate, or maximize profits, 10 Elmwood Street checks every box. See it quickly-this one won't last!

Listing Agent

Chris Balestriere

William Raveis Real Estate License #RES.0807162 Listed on: 06/13/2025

William Raveis Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,328

Year Built

  • Built in 1971

Lot Details

  • 7,405 Sq Ft Lot
  • Level Lot

Home Design

  • Side-by-Side
  • Block Foundation
  • Frame Construction
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • 3,350 Sq Ft Home
  • Concrete Flooring
  • Attic or Crawl Hatchway Insulated

Bedrooms and Bathrooms

  • 9 Bedrooms

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Basement Storage

Parking

  • 1 Car Garage
  • Private Driveway

Utilities

  • Baseboard Heating
  • Electric Water Heater

Additional Features

  • Beach Access
  • Property is near public transit

Community Details

  • 3 Units
  • Public Transportation
  • Gross Income $57,600

Listing and Financial Details

  • Assessor Parcel Number 332656

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,328

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Neighborhood: Cove
  • Property Type: Multi-Family For Sale
  • Style: Units are Side-by-Side
  • Sq Ft Est Heated Above Grade: 3350
  • Total Sq Ft: 3350
  • Year Built: 1971
  • New Construction: No/Resale
  • Nearby Amenities: Commuter Bus, Park, Playground/Tot Lot, Public Transportation
  • Property Sub Type: 3 Family
  • Direct Waterfront: No
  • Home Warranty Offered: No
  • Directions: Use GPS
  • Living Area Sq Ft Per Public Record: 3350
  • Street Type: Street
  • Special Features: None

Interior Features

  • Total Bedrooms: 9
  • Total Bathrooms: 6
  • Full Bathrooms: 3
  • Half Bathrooms: 3
  • Attic Description: Access Via Hatch
  • Basement Description: Full, Sump Pump, Storage, Partially Finished, Walk-out, Liveable Space, Concrete Floor
  • Laundry Room Location: Basement in each unit
  • Laundry Room Info: Basement Hook-Up(s), Washer/Dryer Some Units
  • Attic: Yes
  • Street Number Modifier: 10

Exterior Features

  • Exterior Siding: Vinyl Siding
  • Foundation Type: Block
  • Roof Information: Asphalt Shingle
  • Waterfront Description: Beach Rights
  • Swimming Pool: No
  • Construction Description: Frame

Garage/Parking

  • Garages Number: 1
  • Driveway Type: Private, Asphalt
  • Total Parking Spaces: 3
  • Garage And Parking: Detached Garage, Paved, Off Street Parking, Driveway

Utilities

  • Cooling System: None
  • Heat Type: Baseboard
  • Heat Fuel Type: Electric
  • Hot Water Description: Electric, Upright Tank
  • Water Source: Public Water Connected
  • Sewer: Public Sewer Connected

Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Lot Info

  • Acres: 0.17
  • Lot Description: Level Lot
  • Zoning: R5
  • Parcel #: 332656

Multi Family

  • Gross Annual Income: 57600
  • Total Number Of Units: 3

Tax Info

  • Tax Year: July 2025-June 2026
  • Property Tax: 14328
  • Total Assessed Value: 596980
  • Mil Rate Total: 24

MLS Schools

  • Elementary School: Per Board of Ed
  • High School: Per Board of Ed

Map

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $14,280 $596,980 $208,520 $388,460
2024 $13,945 $596,980 $208,520 $388,460
2023 $15,068 $596,980 $208,520 $388,460
2022 $12,216 $449,630 $151,100 $298,530
2021 $12,113 $449,630 $151,100 $298,530
2020 $11,848 $449,630 $151,100 $298,530
2019 $11,848 $449,630 $151,100 $298,530
2018 $11,479 $449,630 $151,100 $298,530
2017 $9,037 $336,080 $118,240 $217,840
2016 $8,778 $336,080 $118,240 $217,840
2015 $8,547 $336,080 $118,240 $217,840
2014 $8,331 $336,080 $118,240 $217,840
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2025 07/02/25 Pending -- -- --
06/21/2025 06/21/25 For Sale $929,000 -- $277 / Sq Ft
Source: SmartMLS

Purchase History

Date Type Sale Price Title Company
Deed -- --
Source: Public Records

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Source: SmartMLS

MLS Number: 24099832

SmartMLS

APN: STAM-000002-000000-002627