NOT LISTED FOR SALE

499 & 509 Humphrey St Swampscott, MA 01907

18 Beds
13 Baths
13,500 Sq Ft
0.42 Acres

Last Sold July 21, 2017

Last sale price $2,125,000 $157 Per Sq Ft

48 Days on Market

About This Home

As of July 2017

Location, Location, Location. Rare opportunity to buy this 11 unit mixed-use portfolio (7 residential - 4 commercial units) very desirable location. Over 13,000+ sqft of rent-able space. 3 meticulously maintained buildings on almost ½ acre lot (portfolio consists of a 2 unit at 18 Sculpin Way, 4 unit at 509 Humphrey St, and 5 unit at 499 Humphrey St all are on adjacent lots). Properties have it ALL, need nothing. Absolutely turn-key opportunity. Walk to beaches, walk to in-town restaurants, shops and cafes. Commuter rail to Boston only @ 1 mile away. Property managed by same owner for 45+ years. Pride of ownership throughout. Current rent roll below market $197,700. Low operating expenses of $49,000. Parking for 25+ cars; very rare for residential/commercial zone. Downtown Boston 12.5 miles away. Conveniently located on Bus Route. Buyer to perform own due diligence. No representation are made by seller or listing agent. Great long term buy and hold.

Last Agent to Sell the Property

Steve Martin

Aluxety Listed on: 02/28/2017

Last Buyer's Agent

Steve Martin

Aluxety Listed on: 02/28/2017

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
07/21/2017 07/21/17 Sold $2,125,000 +1.2% $157 / Sq Ft
04/17/2017 04/17/17 Pending -- -- --
02/28/2017 02/28/17 For Sale $2,100,000 -- $156 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 72123951

MLS Property Information Network (MLS PIN)