31-33 New Ocean St Swampscott MA 01907 MLS #73390790

31-33 New Ocean St
Swampscott, MA, 01907
$895,000
5 Beds
3 Baths
3,425 SqFt
0.08 Acres
$895,000
31-33 New Ocean St
Swampscott, MA, 01907
Exceptional opportunity in a Swampscott 3-unit rental property or beautiful home for owner-occupant who also wants substantial income. Three separate updated apartments, each with hardwood floors, central air conditioning, gas cooking and heat, and private laundry. Unit 1 is a split 2 bedroom/1 bath with wide-open kitchen/living/dining space and offering great closets. Unit 2 is a signature 2 bedroom apartment featuring new stainless steel kitchen with breakfast bar open to extra large living/dining room. Wall of windows and sliding doors to huge deck and lovely landscaped private yard. Unit 3 is a charming penthouse 1 bedroom/1 bath plus study nook with window, perfect for home office. Building offers two paved parking spaces. Around the corner from Kings Beach and a short walk to Linscott Park and the restaurants and shops along Humphrey Street. Present rents are under market.

Property Details

Price:
$895,000
MLS #:
73390790
Status:
Pending
Beds:
5
Baths:
3
Address:
31-33 New Ocean St
Type:
Multi Family
Subtype:
3 Family – 3 Units Up/Down
City:
Swampscott
Listed Date:
Jun 13, 2025
State:
MA
Finished Sq Ft:
3,425
Total Sq Ft:
3,425
ZIP:
01907
Lot Size:
3,311 sqft / 0.08 acres (approx)
Year Built:
1875
Units:
3

Schools

Interior

Appliances
Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer, Microwave
Bathrooms
3 Full Bathrooms
Cooling
Central Air
Flooring
Hardwood
Heating
Forced Air, Natural Gas, Central

Exterior

Community Features
Public Transportation, Park, Walk/ Jog Trails, Bike Path
Construction Materials
Frame
Parking Features
Off Street, Deeded
Parking Spots
4
Roof
Shingle, Rubber

Financial

Net Operating Income
$33,521
Tax Year
2025
Taxes
$7,514
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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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