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24-28 Richardson St in Newton represents a rare combination of core & value add opportunity making it an attractive asset for both investors and developers. The property has ~13,000 sqft of land improved by two free standing buildings totaling over 7,100 sqft of living space. 26-28 Richardson is the larger front brick 3 story, 5 unit bldg, w/ direct access 4 car garage built in 1948. The building consists of one 1 bedroom apartment & 4 renovated 2 bed 1 bath units, each renovated with granite counter kitchens, hardwood floors and updated baths. The rear building is a wood frame, 2 family circa 1880 consisting of one 2 bed unit and one 3 bed unit. There is room for an additional 10 outdoor parking spaces in the large drive for a combined total of 14 car parking. The current gross income is over $180,000, with all units leased until spring & summer of 2019. The convenient location offers easy access to Rt 90, the commuter rail & express bus to Kenmore Sq, as well as BC Law School.

Listed by Adam Umina of Metro Realty Corp.

Property Details of 24-28 Richardson Street, Newton Corner

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