A few streets to the beach! 4-FAMILY plus SHOP in CARRIAGE HOUSE with endless possibilities! This 4-family + is located near King's Beach & Swampscott in the Diamond District. Newer roof, newer siding & many newer windows throughout. Property features sprinkler system for future condo readiness reduced insurance policy. Heating system for unit 1 is <10 years old, all other units have separate electric heat. Hot water is included in all rents. De-lead info available for Unit #1. All rents UNDER MARKET! Coin operated laundry in basement for tenants, garages rented at $150 monthly each & you still have 8 more parking spots for tenants! All tenants except Unit 3 are tenant-at-will, this property has potential to be very profitable, assessed at $ 1,149,000 priced to sell - incredible opportunity for savvy buyer City encourages development of ancillary structures (LOT over 7000 square feet) expand 5th unit, legal hobby-workshop, office/BUSINESS. Buyer completes independent due diligence.

Listing Current as of December 09, 2024 12:00am

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