Real Estate

108-Year-Old Swampscott Home For $1.39M

It's a great investment opportunity, according to the listing.

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SWAMPSCOTT, MA -- Once in a life time investment opportunity in Swampscott 2 blocks from the beach. 9, 1 bed units with 11 parking spots, coin op washer dryer in basement. Current owner has done an excellent job maintaining the property.

  • Address: 6 New Ocean St, Swampscott
  • Price: $1,390,000
  • Square Feet: 5135
  • Bedrooms: 9
  • Bathrooms: 9 Baths
  • Built: 1910
  • Features: Complete kitchen renovations in units 3 and 7.Updated bathrooms in units 1 and 2. NEW refrigerator in unit 4, coin op washer dryer and both water tanks replaced as well as 17 windows in various units. New roof (flat rubber roof not changed out). Room for growth in rent rolls. Currently a 6.55% CAP NOI is $91, 00.00. Perfect for a new or seasoned investor.

This listing originally appeared on realtor.com. For more information and photos, click here.

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