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62 Greenwood Swampscott , MA 01907

$11,000

You save 1% of the purchase

5 bed | 4 bath | 3,810sqft | $4,915 est. monthly cost

$1,100,000

List Price

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Home Information

12 Rooms

5 Bedrooms

4 Bathrooms

3 Parking

Multi-family with ocean views, large top floor deck, hardwood floors, bright w/ lots of windows, entry foyer/coat room, bonus room/office, garage, ample storage, in-unit W/D in both units, shared basement w/separate locking storage, shared fenced small backyard, + off-street parking. Units well maintained, updated insulation, upstairs unit recently painted, new refrigerators w/filtered water, new marble/tile two head, 2 person shower w/steam and existing whirlpool tub in unit 2. Central air in unit 2. New, insulated garage doors w/remotes to be installed. Updated chimney servicing 1st floor wood burning fireplace, 2nd floor gas unit and 3rd floor freestanding gas fireplace. Updated entrance. All this a short walk to beaches and restaurants. 1 mile to commuter rail, Starbucks, Whole Foods, Stop & Shop. With income figured at present rents $67,200 annually, purchase at asking price yields a 5.2% cap rate. Includes turn-key drawings and HOA paperwork for condo conversion.

  • Property type

Multi-family

  • # of Bedrooms

5

  • # of Bathrooms

4

  • # Number of Units

2

  • Year Built

1925

  • Size

3,810

  • Lot Size

4,274

  • HOA

None

  • Basement

Yes

  • Heating

  • Total Parking

3

  • Roof Material

Asphalt/Fiberglass Shingles

  • Flooring

Wood