Property Description

Presenting 176-178 Newton Street, this turnkey, stabilized property consists of 5 residential apartments including (2) 1 bedroom/1 bathroom units, (1) 2 bedroom / 1 bathroom unit, (1) 3 bedroom / 1 bathroom unit, and (1) 3 bedroom / 1.5 bathroom unit w/ private basement. Three units have been substantially updated in recent years including updated kitchens, bathrooms, flooring, and electronic keypad access. Additional building improvements include full repointing of fieldstone foundation, upgraded gas service by National Grid with installation of (5) new unit gas meters, installation of (4) Viessmann and Lochinvar combination boilers, new coin-op laundry services, (2) upgraded electric panels, and upgraded common areas. There is plenty of on-site parking including 8 off-street parking spaces for residents. An ideal investment or 1031 exchange opportunity in a rapidly growing Boston suburb.