$1,290,000
$200K PRICE DROP

140 Elmwood Rd Swampscott, MA 01907

Estimated payment $8,141/month

Total Views 28,973
7 Beds
3.5 Baths
4,689 Sq Ft
$275 Price per Sq Ft

Highlights

  • Waterfront
  • Deck
  • Sun or Florida Room
  • Swampscott High School Rated A-
  • Wood Flooring
  • 3-minute walk to Private Raymond L. Howland Park

About This Home

Nestled in a residential neighborhood near the water, this well-kept 2-family home offers an exceptional opportunity for both INVESTORS and OWNER-OCCUPANTS. Looking for a 3rd unit? The new ADU by-laws may allow to convert the garage into an apartment! This circa 1890’s residence has undergone meticulous renovations to preserve its historical & architectural significance while incorporating modern conveniences throughout. Featuring 7 bedrooms & 3.5 baths over 4 finished floors, this home exudes charm - high ceilings, oversized windows, gleaming hardwood floors, original woodwork & built-ins, ample storage, multiple decks, balconies & a welcoming wrap-around front porch. The lower level offers high ceilings & loads of dry storage. An oversized detached 2 car garage with a heated, finished loft space is perfect for an office, workout area or artists studio. The commuter rail, shopping, schools and so much more are steps away.

Listing Agent

Willis + Tierney

Compass Listed on: 03/18/2025

Compass

Co-Listing Agent

Christine Tierney

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,502

Year Built

  • Built in 1890

Lot Details

  • 10,176 Sq Ft Lot
  • Waterfront
  • Property fronts an easement
  • Stone Wall
  • Level Lot

Parking

  • 2 Car Garage
  • Shared Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Duplex
  • Brick Foundation
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 4,689 Sq Ft Home
  • Property has 1 Level
  • Crown Molding
  • Gas Fireplace
  • Sliding Doors
  • Living Room
  • Dining Room
  • Sun or Florida Room
  • Storage

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Bathtub with Shower
  • Separate Shower

Laundry

  • Dryer
  • Washer

Unfinished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Block Basement Construction

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • Public/Private Elementary And Middle School
  • Public/Private High School

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 4570,2165748

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,502

Year Built

Built in 1890

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1890
  • Levels: 3
  • Year Built Details: Approximate
  • Year Round: Yes
  • Compensation Based On: Compensation Offered but Not in MLS
  • APOD AVAILABLE: No
  • Special Features: None
  • Stories: 3

Interior Features

  • Flooring: Wood, Tile
  • Interior Amenities: Storage, Crown Molding, Bathroom With Tub & Shower, Remodeled, Slider, Bathroom with Shower Stall, Living Room, Dining Room, Kitchen, Sunroom
  • Fireplace Features: Gas
  • Fireplace YN: Yes
  • Fireplaces: 1
  • Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
  • Total Bedrooms: 7
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bathrooms: 3.5
  • Laundry Features: Electric Dryer Hookup
  • Basement: Full, Walk-Out Access, Interior Entry, Concrete, Unfinished
  • Above Grade Finished Sq Ft: 4689
  • Living Area: 4689
  • Spa YN: No
  • Stories Total: 3
  • MAIN LO: AN2383
  • LIST PRICE PER Sq Ft: 275.11
  • PRICE PER Sq Ft: 275.11

Exterior Features

  • Exterior Features: Stone Wall
  • Construction Materials: Frame
  • Foundation Details: Stone, Brick/Mortar
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Deck, Covered
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront Features: Ocean, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Shared Driveway, Off Street, Paved
  • Total Parking Spaces: 5

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Dryer
  • Electric: Circuit Breakers
  • Water Source: Public
  • Hot Water: Natural Gas

Condo/Co-op/Association

  • Senior Community YN: No

Lot Info

  • Parcel Number: 4570,2165748
  • Zoning: Two Fam
  • Farm Land Area Units: Square Feet
  • Lot Features: Easements, Level
  • Lot Size Acres: 0.23
  • Lot Size Area: 0.23
  • Lot Size Sq Ft: 10176
  • Lot Size Units: Acres
  • PAGE: 243

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 13502
  • Tax Book Number: 30739

Multi Family

  • Number Of Units Total: 2
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 2
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2

MLS Schools

  • High School: Public/Private
  • Elementary School: Public/Private
  • Middle Or Junior School: Public/Private

Map

Range of Values:

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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 $14,620 $1,274,600 $412,500 $862,100
2024 $13,816 $1,202,400 $392,400 $810,000
2023 $13,129 $1,118,300 $352,200 $766,100
2022 $13,155 $1,025,300 $301,900 $723,400
2021 $13,000 $942,000 $281,700 $660,300
2020 $11,532 $806,400 $251,500 $554,900
2019 $11,876 $781,300 $226,400 $554,900
2018 $11,843 $740,200 $206,300 $533,900
2017 $12,102 $693,500 $193,200 $500,300
2016 $11,654 $672,500 $193,200 $479,300
2015 $11,533 $672,500 $193,200 $479,300
2014 $10,887 $582,200 $161,000 $421,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2025 08/31/25 Price Changed $1,290,000 -3.7% $275 / Sq Ft
06/29/2025 06/29/25 Price Changed $1,340,000 -3.6% $286 / Sq Ft
05/19/2025 05/19/25 Price Changed $1,390,000 -6.7% $296 / Sq Ft
03/18/2025 03/18/25 For Sale $1,490,000 -- $318 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Purchase History

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

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $250,000 No Value Available
Previous Owner $100,000 No Value Available
Previous Owner $60,000 No Value Available
Source: Public Records

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