NOT LISTED FOR SALE

14 Bacon St Newton, MA 02458

Newton Corner Neighborhood
11 Beds
6.5 Baths
4,040 Sq Ft
6,098 Sq Ft Lot

Last Sold September 03, 2021

Last sale price $1,650,000 $408 Per Sq Ft

42 Days on Market

Highlights

  • Wood Flooring
  • Patio
  • 5-minute walk to Charlesbank Park
  • Lincoln-Eliot Elementary School Rated A

About This Home

As of September 2021

Astounding 5 family in a wonderful location in Newton Corner. Great investor opportunity!  A must-see development opportunity. Fully rented. Only 2 are on leases until 8/31/2021. Building features spacious apartments with hardwood floors, 2 patios on either side of the building, 10+ parking, steel emergency stairs, 4 laundry and tenant storage in the basement. Units are all in good shape but the building needs a full renovation at some point. Utilities are all separately metered. 8+ year old roof. Hot water baseboard heat throughout. Short distance to restaurants, bars, hotel, office buildings and more. Mass Pike entry is blocks away. Convenient to public transportation and easy access to downtown Boston, Cambridge and major highways (Terrific commuter location).

Last Listed By

Adam Kotkin

Red Tree Real Estate Listed on: 05/11/2021

Red Tree Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,086

Year Built

  • Built in 1894

Lot Details

  • 6,098

Home Design

  • Stone Foundation

Interior Spaces

  • 4,040 Sq Ft Home
  • Basement Fills Entire Space Under The House

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 11 Bedrooms

Parking

  • 10 Car Parking Spaces
  • Driveway
  • Open Parking

Additional Features

  • Patio
  • 6,098 Sq Ft Lot

Listing and Financial Details

  • Total Actual Rent $6,800
  • Assessor Parcel Number S:71 B:005 L:0007,701808

Community Details

Overview

  • 5 Units
  • Property has 2 Levels

Building Details

  • Electric Expense $840
  • Insurance Expense $5,400
  • Water Sewer Expense $4,600
  • Operating Expense $10,000
  • Net Operating Income $94,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,086

Year Built

Built in 1894

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1894
  • Buyer Agency: 2
  • Buyer Agency Type: %
  • Transaction Broker: 1
  • Transaction Broker Type: %
  • Year Built Details: Actual
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: No
  • Special Features: None
  • Stories: 9

Interior Features

  • Flooring: Wood,Tile,Vinyl
  • Fireplace YN: No
  • Total Bedrooms: 11
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bathrooms: 7
  • Total Bathrooms: 6.5
  • Basement: Full
  • Living Area: 4040
  • Stories Total: 9
  • MAIN LO: AN0907
  • LIST PRICE PER Sq Ft: 408.42
  • PRICE PER Sq Ft: 408.42
  • MAIN SO: AN2585

Exterior Features

  • Foundation Details: Stone
  • Patio And Porch Features: Patio
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive
  • Total Parking Spaces: 10

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Fee Information

  • Water Sewer Expenses: 4600

Lot Info

  • Parcel Number: S:71 B:005 L:0007,701808
  • Zoning: MR2
  • Farm Land Area Units: Square Feet
  • Lot Size Acres: 0.14
  • Lot Size Area: 0.14
  • Lot Size Sq Ft: 6098.4
  • Lot Size Units: Acres
  • LOT SIZE: 6165
  • PAGE: 255

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 12086
  • Tax Book Number: 42579

Multi Family

  • Electric Expense: 840
  • Gross Income: 94800
  • Insurance Expense: 5400
  • Net Operating Income: 94800
  • Number Of Units Total: 5
  • Operating Expense: 10000
  • Total Actual Rent: 6800
  • LEVELS 1: 2
  • LEVELS 4: 1
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 3: Y
  • LEASE 2: Y
  • LEASE 1: N
  • FLRS 1: 2
  • FLRS 4: 2
  • FLRS 3: 1
  • FLRS 2: 1

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2021 09/03/21 Sold $1,650,000 0.0% $408 / Sq Ft
06/22/2021 06/22/21 Pending -- -- --
05/11/2021 05/11/21 For Sale $1,650,000 -- $408 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Adam Kotkin

    Seller's Agent in 2021

    Adam Kotkin

    Red Tree Real Estate

    (617) 694-7356

    1 in this area

    44 Total Sales

    Adam Kotkin
    Section Image

  • A

    Buyer's Agent in 2021

    Alexander Bakos

    Abbott Properties, LLC

    1 in this area

    12 Total Sales

    Alexander Bakos
    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72829332

MLS Property Information Network (MLS PIN)

Massachusetts Middlesex County Newton 02458 Newton Corner

14 Bacon St, Newton, MA

Homes for Sale in Newton, MA

This home is located at 14 Bacon St, Newton, MA 02458 since 11 May 2021. This property was built in 1894. 14 Bacon St is a home located in Middlesex County with nearby schools including Lincoln-Eliot Elementary School, Bigelow Middle School, and Newton North High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. 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. 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.