55 Railroad Ave Swansea MA 02777 MLS #73339941

55 Railroad Ave
Swansea, MA, 02777
$499,000
4 Beds
3 Baths
1,794 SqFt
0 Acres
$499,000
55 Railroad Ave
Swansea, MA, 02777
Price Improvement! New septic design In process by seller, Discover a fantastic investment opportunity with this Ocean Grove three family home only a 3 minute drive to Swansea town beach, convenient to major highways and many other amenities such as marina and country club! This home features first floor apartment with porch, one bedroom, one bath and recently remodeled kitchen, with new electric, plumbing and flooring. The second floor apartment features two bedrooms, one bathroom, living room, dining room, and recently refreshed galley kitchen, new ceilings and original hard wood flooring as well as walk out covered deck with distant water views! Third apartment features high ceilings, one bedroom, one bath and living room space. This home has many updates, including electric,plumbing , and new back roof, currently draws in $3400 a month profit for rental income. Don’t miss out on this rare opportunity to own a multi family home in desirable Swansea area!

Property Details

Price:
$499,000
MLS #:
73339941
Status:
Pending
Beds:
4
Baths:
3
Address:
55 Railroad Ave
Type:
Multi Family
Subtype:
3 Family
Neighborhood:
Ocean Grove
City:
Swansea
Listed Date:
Mar 1, 2025
State:
MA
Finished Sq Ft:
1,794
Total Sq Ft:
1,794
ZIP:
02777
Year Built:
1920
Units:
3

Schools

Interior

Bathrooms
3 Full Bathrooms

Exterior

Community Features
Shopping, Highway Access, House of Worship, Marina
Parking Features
Paved Drive, Off Street, Paved
Parking Spots
2
Roof
Shingle, Rubber

Financial

Net Operating Income
$41,400
Tax Year
2024
Taxes
$4,688
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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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