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$599,900
Est. payment /mo
6 Beds
3 Baths
3,135 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 3 Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,135 sqft
Price per Sqft $191
MLS Listing ID 73461771
Bedrooms 6
Full Baths 3
Year Built 1910
Annual Tax Amount $5,487
Tax Year 2025
Lot Size 1,742 Sqft
Acres 0.04
Property Sub-Type 3 Family
Property Description
Cash buyer's dream deal! This 3-family offers strong long-term upside and solid mechanical updates, making it an excellent opportunity for the savvy investor. Property must be sold to a cash buyer due to a first-floor life-estate tenant, allowing the next owner to secure a value-add asset at a favorable entry point. All three heating systems and hot water tanks were replaced in 2019, and electrical service was updated to 100 amps per unit in 2025, reducing major upfront expenses. The second and third floors are vacant offering straightforward potential to reconfigure into 3-bedroom layouts to increase future income. Recently subdivided from 59 Kingston Street—sale includes only the 3-decker at 61–63 Kingston. While off-street parking is not included, the area provides ample on-street parking. A strategic investment with meaningful upside once fully repositioned. Book your private showing now!
Location
State MA
County Essex
Zoning R2
Direction So. Broadway to Kingston St.
Rooms
Basement Full
Interior
Flooring Wood, Plywood, Tile, Other
Laundry Electric Dryer Hookup
Exterior
Exterior Feature Balcony
Community Features Public Transportation, Shopping, Park, Medical Facility
Utilities Available for Gas Range, for Electric Dryer
Roof Type Rubber
Garage No
Building
Lot Description Other
Story 3
Foundation Stone
Sewer Public Sewer
Water Public
Others
Senior Community false
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Listed by Realty ONE Group Nest
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