Address
63 New Ocean St, Swampscott, MA
Price
$ 789,900
Property Attributes
  • MLS#73225040
  • TypeContingent
  • CountyESSEX
  • CitySwampscott
  • Zip01907
  • Style2 Family - 2 Units Up/Down
  • Year Built1920
  • Taxes$ 7069
  • Price$ 789,900
  • Bedrooms5
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1962
  • Lot Size2,614 SqFt
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description

Beautifully renovated two-family in Swampscott, very close to King’s Beach! This large two-family features a 2+ bed main level unit and 3+ bed 2nd-3rd level unit. Unit 1 can be delivered vacant end of June and Unit 2 in lease through 3/31/25. Both units have spacious rooms, eat-in kitchens and stunning hardwood floors. Unit 1 features recently renovated kitchen and bathroom. Unit 2 features spacious composite porch for entertaining and finished 3rd floor with bedroom, closet and office area. Separated utilities. Coin-op laundry in basement. New Roof, Solar Panels and Unit 1 Heating System (all installed in 2023). Property in close proximity to Boston-Rockport Commuter Rail, Bus Routes, Local Beaches, Boardwalk, Shopping, Restaurants, Library, Vinnin Square and Much More! Come take advantage of this cash flow opportunity for investors or owner-occupied while renting out the other unit. OH Sun 4/21 from 12-2pm & Mon 4/22 from 530-7pm. Offers due Tues 4/23 by 5pm.

Price History
4/17/2024 Listed $789,900

General Features

Interior Features Laundry Room,Upgraded Cabinets,Upgraded Countertops,Remodeled,Living Room,Dining Room,Kitchen,Office/Den
Sewer Public Sewer
Heating Baseboard,Oil,Forced Air,Electric
Cooling Window Unit(s)
Roof Shingle
Appliances Range,Dishwasher,Disposal,Microwave,Refrigerator
Exterior Features Rain Gutters
Zoning A4
Patio/Porch Features Porch,Deck
Construction Materials Frame
Exclusions None
Year Built 1920
Electric Circuit Breakers,100 Amp Service
Property SubType 2 Family - 2 Units Up/Down
Tax Year 2023
Gross Income 66000
Waterfront Features Beach Front,Ocean,1/10 to 3/10 To Beach,Beach Ownership(Public)
Community Features Public Transportation
County Essex
Net Operating Income 66000
Property Type Residential Income
Contingency Financing
Garage Y/N No
Rent Includes Unit 1(Electric,Water),Unit 2(Electric,Water)
Total Rooms 12
Status Contingent
Directions Google
City Swampscott
Disclosures Unit 1 can be delivered vacant at the end of June for owner occupancy. Unit 2 in lease until 3/31/2025
Senior Community Y/N No
Total Units 2
Lot Size Square Feet 2570
Waterfront Y/N No
Street Name New Ocean St
Year Built Details Actual
Tax Annual Amount 7069
Home Warranty Y/N No
Building Area Units Square Feet
Standard Status Active Under Contract
Year Built Source Public Records
Tax Assessed Value 602100
Total Actual Rent 5500
Compensation Based On Gross/Full Sale Price
Sub-Agency Relationship Offered No

Interior Features

Basement Full,Concrete,Unfinished
Flooring Hardwood
Total Stories 3
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Full Baths 2
Total Bedrooms 5
Total Baths 2

Exterior Features

Parking Features Paved Drive,Off Street,Paved
Lot Features Easements
Water Source Public
Total Parking 2
Lot Size Area 0.06
Foundation Details Stone
Spa No
Building Area Total 1962
Lot Size Acres 0.06
Lot Size Units Acres
Open Parking Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Contingent Average in 01907

Price
AVG $790K
$790K
Taxes
AVG $7,585
$7,069
Visits
AVG 155
64
Data Provided by Inside Real Estate®
Year Built
AVG 1901
1920

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