Outstanding investment opportunity in a very convenient Newton location! This updated 2-family features two 2 bedroom-1 bath apartments + an in-law apartment in the attic. Both units feature classic layouts with a spacious living room, formal dining room, & a large kitchen. The attic has 1 bedroom, a good sized living room, and a kitchen+full bath. The property has separately metered gas boilers that were installed in 2010, 2 100 amp electrical panels, 2 water meters, and 2 separate driveways. The apartments also features private outdoor space, bonus rooms, fireplaces, and a shared backyard. The location is unbeatable since you're walking distance to Cabot Elementary, Newton North, the Commuter Rail, and all the shops, restaurants, & parks that Newtonville has to offer. This location is a commuter's dream with easy access to the Mass Pike, Storrow Drive, and public transportation. Whether you're an investor, an owner occupant, or a developer - 278 Cabot Street is a must see!
— MLSPIN #: 73386620Map of 278 Cabot Street, Newton, MA 02460
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| 06-15-2025 01:00 PM | 06-15-2025 02:30 PM |
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| List Price: | $1,395,000 |
|---|---|
| Status: | Active |
| MLS ID: | 73386620 |
| Town: | Newton |
| Neighborhood: | Newtonville |
| County: | Middlesex |
| Zip: | 02460 |
| Property Type: | Residential Income |
| Property Sub Type: | Multi Family |
| Bedrooms: | 5 |
| Full Baths: | 3 |
| Living Area: | 2,948 sqft |
| Acres: | 0.11 |
| Taxes: | 11,975 |
| Appliances: | Dishwasher, Disposal, Microwave |
| Flooring: | Wood |
| Heating: | Steam, Natural Gas |
| Parking Features: | Paved Drive |
| Status: | Active |
| Water Source: | Public |
| Year Built: | 1920 |
| Directions: | Please use GPS. Between Harvard Avenue and Walnut Street. |
| Foundation Details: | Other |
| Electric: | 100 Amp Service |
| Listing Contract Date: | 2025-06-05 |
| Fireplace?: | Yes |
| Heating?: | Yes |
| Lot Size Area: | 0.11 |
| Lot Size Square Feet: | 5,000 |
| Fireplaces Total: | 2 |
| Rooms Total: | 14 |
| Bathrooms Total Integer: | 3 |
| Basement: | true |
| Basement: | Full, Walk-Out Access |
| Building Area Source: | Measured |
| Building Area Total: | 2,948 |
| Interior Features: | Ceiling Fan(s), Living Room, Dining Room, Kitchen, Sunroom |
| Levels: | 6 |
| Living Area Units: | Square Feet |
| Lot Size Units: | Acres |
| Number Of Units Total: | 2 |
| Open Parking?: | Yes |
| Parcel Number: | 685459 |
| Sewer: | Public Sewer |
| Zoning: | MR1 |
| Elementary School: | Cabot |
| High School: | Newton North |
| Middle Or Junior School: | Bigelow/Day |
| Stories Total: | 6 |
| Year Built Source: | Public Records |
| Disclosures: | Buyer to do their own due diligence regarding the 3rd floor space in the attic. Broker makes no representations or guarantees. |
| Farm Land Area Units: | Square Feet |
| Gross Income: | $103,200 |
| Listing Agreement: | Exclusive Right To Sell |
| Apod Available: | No |
| Comp Based On: | Compensation Offered but Not in MLS |
| Disclosure: | No |
| Dpr Flag: | No |
| Flrs 1: | 1 |
| Flrs 2: | 2 |
| Flrs 3: | 3 |
| Heat Units: | 2 |
| Lead Paint: | Unknown |
| Lease 1: | No |
| Lease 2: | No |
| Levels 1: | 1 |
| Levels 2: | 1 |
| Levels 3: | 1 |
| Listing Alert: | No |
| List Price Per Sqft: | $473.20 |
| Page: | 336 |
| Price Per Sqft: | $473.20 |
| Square Feet Disclosures: | Total living area=2, 348 square feet, we estimate the finished attic to be 600 square feet. |
| Square Feet Incl Base: | No |
| Sub Agency Offered: | No |
| Net Operating Income: | $103,200 |
| Original List Price: | $1,395,000 |
| Parking Total: | 6 |
| Tax Assessed Value: | $1,221,900 |
| Tax Year: | 2025 |
| Total Actual Rent: | $8,600 |
| Year Built Details: | Actual |
| Bedrms 1: | 2 |
| Bedrms 2: | 2 |
| Bedrms 3: | 1 |
| F Bths 1: | 1 |
| F Bths 2: | 1 |
| F Bths 3: | 1 |
| Hot Water: | Natural Gas |
| Rent1: | 3,200 |
| Rent2: | 3,200 |
| Rent3: | 2,200 |
Disclaimer:
The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing, leasing or renting 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, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.
MLS Property Information Network, Inc. data last updated on June 15, 2025 01:56 PM
Property Last Updated: June 09, 2025 03:06 AM
Listing Courtesy of: Harvard Real Estate
Listing Agent: Jackson Wells
617-584-3659
