101 Central Ave Newton MA 02460 MLS #73260493

101 Central Ave
Newton, MA, 02460
$1,850,000
9 Beds
5.5 Baths
4,700 SqFt
0.19 Acres
$1,850,000
101 Central Ave
Newton, MA, 02460
Come view this spacious, 4,700 s.f. Newtonville 2 unit multi-family, and see how well it can work for you! Smart alternative to a single family, Unit 1 rental income pays a nice amount of the mortgage. Owner’s unit (Unit 2) has approx 2,550 sf, 5 BR and 2.5 BA, with a flexible floor plan, comfortable kitchen with new countertops & backsplash and in-unit laundry. Can also work well for multi-generational living. Unit 1 has 4 BR, 3 BA and is leased through 5/31/25. Both units have separate fenced private yard space. Equidistant to FA Day & Newton North. This home features solar panels, an electric vehicle charging port in the garage, and an excellent location that is convenient to everything – commuter roadways, commuter rail, bus service, Whole Foods and a variety of shops and restaurants. This property has always enjoyed an excellent rental history, Both units have Matterport tours. First floor unit is shown only on second showings.

Property Details

Price:
$1,850,000
MLS #:
73260493
Status:
Active
Beds:
9
Baths:
5.5
Address:
101 Central Ave
Type:
Multi Family
Subtype:
2 Family – 2 Units Up/Down
City:
Newton
Listed Date:
Jul 5, 2024
State:
MA
Finished Sq Ft:
4,700
Total Sq Ft:
4,700
ZIP:
02460
Lot Size:
8,375 sqft / 0.19 acres (approx)
Year Built:
1854
Units:
2

Schools

Elementary School:
Horace Mann
Middle School:
F A Day
High School:
Newton North

Interior

Appliances
Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer, Disposal
Bathrooms
5 Full Bathrooms, 1 Half Bathroom
Cooling
Window Unit(s), Wall Unit(s)
Flooring
Wood, Tile, Vinyl, Carpet, Varies, Hardwood, Stone/ Ceramic Tile
Heating
Electric, Hot Water, Unit Control, Steam, Common, Wall Unit
Laundry Features
Gas Dryer Hookup, Washer Hookup

Exterior

Community Features
Public Transportation, Shopping, Pool, Tennis Court(s), Park, Golf, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, T- Station, University, Other
Construction Materials
Frame
Exterior Features
Rain Gutters
Parking Features
Paved Drive, Assigned, Paved
Parking Spots
4
Roof
Shingle, Rubber

Financial

Net Operating Income
$76,500
Tax Year
2024
Taxes
$13,769
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Marie Andrews

Marie Andrews

Realtor®, Broker/Owner, GBREB, Notary Public

Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…

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Rover IDX
101 Central Ave
Newton, MA