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57 59 Bridge Street

Newton, MA 02458

4 beds
2 baths
2,392 sqft
5,573 sqft lot
$363 per sqft
1916 build
– on site

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Prime investment or owner-occupied two-family, in desirable Newton location. This is a fantastic opportunity to realize great long-term, stable rental income, with low operating expenses, or to supplement your income as an owner-occupied investor. Good condition, with roof installed in October 2016, second-floor kitchen in December 2016, first-floor kitchen in 2010, and newer water heaters. Each unit features an eat-in kitchen, living room open to the dining room, wood-burning fireplaces, original natural woodwork, pantries, newer kitchens and baths, basement storage, garage parking, and good sunlight. The second unit has a bonus office/den, and a full set of stairs leading to an additional 600 sqft of nicely finished, unheated space that is part of Unit 59, perfect for a family/play room. In close proximity to shops, restaurants, grocery, public transportation, this is an unbeatable property at a great price. Current rent is below market. 6% cap rate at list price, with market rents.

Listing courtesy of MLSPIN

Last checked: Checking… • Last updated May 27, 2023 •

MLS# 72133946 —

The Building

Year Built:

1916
Year Built Details:

Approximate
Year Built Source:

Public Records
Construction Materials:

Frame
Roof:

Shingle
Basement:

Full
Foundation Details:

Block
Exterior Features:

Balcony
Patio And Porch Features:

Porch
Stories Total:

3
# of Units Total:

2
Building Area Total:

2392
Building Area Units:

Square Feet
Building Area Source:

Public Records

Interior

Rooms Total:

12
Interior Features:

Pantry, Storage, Storage, Kitchen
Flooring:

Tile, Vinyl, Carpet, Hardwood
Fireplace:

true
Fireplaces Total:

2
Laundry Features:

Washer Hookup

Room Dimensions

Living Area:

2392

Location

Directions:

California Street or Watertown Street to Bridge Street
Latitude:

42.362888
Longitude:

-71.203033

The Property

Parcel Number:

S:14 B:002 L:0019,683616
Property Type:

Residential Income
Property Subtype:

2 Family - 2 Units Up/Down
Lot Features:

Level
Lot Size Units:

Acres
Lot Size Area:

0.13
Lot Size SqFt:

5573
Lot Size Acres:

0.13
Zoning:

MR1
Waterfront:

false
Farm Land Area Units:

Square Feet
Road Frontage Type:

Public
Road Responsibility:

Public Maintained Road

Listing Agent

Contact info:

Taxes

Tax Year:

2017
Tax Book Number:

1382
Tax Annual Amount:

7058
Tax Assessed Value:

634700

Beds

Bedrooms Total:

4

Baths

Total Baths:

2
Total Baths:

2
Full Baths:

2

The Listing

Buyer's Brokerage Compensation:

2.5
Compensation Based on:

Net Sale Price
Sub Agency Relationship Offered:

No

Heating & Cooling

Heating:

Steam, Oil, Individual, Steam, Oil, Individual
Heating:

true

Utilities

Utilities:

for Gas Range
Electric:

Circuit Breakers
Sewer:

Public Sewer
Water Source:

Public

Appliances

Appliances:

Unit 1(Range,Dishwasher,Disposal,Refrigerator,Vent Hood), Unit 2(Range,Refrigerator,Washer,Dryer,Vent Hood), Gas Water Heater,Tank Water Heater, Utility Connections for Gas Range, Utility Connections for Electric Range, Utility Connections for Electric Dryer

Schools

Elementary School:

Lincoln-Eliot
Middle Or Junior School:

Bigelow
High School:

North

The Community

Community Features:

Public Transportation

Parking

Garage:

true
Garage Spaces:

2
Parking Total:

2
Parking Features:

Paved Drive
Covered Spaces:

2
Open Parking:

true

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Max Internet Speed

Xfinity

Provided by BroadbandNow®

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Sale history

Date	Event	Source	Price	% Change
6/13/17 Jun 13, 2017	Sold	MLSPIN	$870,000

Multifamily Sold on 6/13/2017

$870,000

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Listing Courtesy of: MLSPIN and .

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Estately and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Users may not reproduce or redistribute the data found on this site. The data is for viewing purposes only. All information provided is deemed reliable but is not guaranteed by Estately or MLSPIN and should be independently verified.

The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.

57 59 Bridge Street

Newton, MA 02458