$434,900
- 2 bd
- 2 ba
- 1,088 sqft
443 Essex St # 104
Swampscott, MA 01907
Multi-family with ocean views, large top floor deck, hardwood floors, bright w/ lots of windows, entry foyer/coat room, bonus room/office, garage, ample storage, in-unit W/D in both units, shared basement w/separate locking storage, shared fenced small backyard, + off-street parking. Units well maintained, updated insulation, upstairs unit recently painted, new refrigerators w/filtered water, new marble/tile two head, 2 person shower w/steam and existing whirlpool tub in unit 2. Central air in unit 2. New, insulated garage doors w/remotes to be installed. Updated chimney servicing 1st floor wood burning fireplace, 2nd floor gas unit and 3rd floor freestanding gas fireplace. Updated entrance. All this a short walk to beaches and restaurants. 1 mile to commuter rail, Starbucks, Whole Foods, Stop & Shop. With income figured at present rents $67,200 annually, purchase at asking price yields a 5.2% cap rate. Includes turn-key drawings and HOA paperwork for condo conversion.