140 Elmwood Rd Swampscott, MA ^$ 1,649,000

140 Elmwood Rd

^$ 1,649,000

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Open House 6/1 1pm - 2:30pm

140 Elmwood Rd

Swampscott, MA, 01907

^$ 1,649,000

Bedrooms7 Baths3.1 Sq 4,364

Monthly Estimate*

^$ 10,960

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Multi-Family Home for sale in Swampscott, MA

for $1,649,000 with 7 bedrooms and 3 full baths, 1 half bath. This 4,364 square foot home was built in 1890 on a lot size of 0.23.

Introducing a rare gem of coastal living in the historic Olmsted District: a multifamily Victorian just a stroll away from the ocean's embrace, farmers market, restaurants, and shops. This captivating residence blends classic charm with modern convenience, offering an unparalleled lifestyle experience. Nestled behind the main house lies a large carriage house, with a spacious heated artist loft as well as parking and storage. Step inside the main residence to discover exquisite hardwood floors and timeless architectural details that harken back to a bygone era. This property won an award for excellence in restoration and features an additional artist studio in the basement! Multiple decks and porches beckon you outside, as does the large yard. Beyond its aesthetic appeal, this property is a savvy investment opportunity, with rental units poised to generate substantial income. Or convert it to a magnificent single. Income potential & undeniable allure as your own home!

Open House

6/1/2024 1:00 PM - 2:30 PM

6/2/2024 1:00 PM - 2:30 PM

140 Elmwood Rd Swampscott, MA

* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm

Multi-Family Active

Price

^$ 1,649,000

Bedrooms

Full Bath

Half Bath

Property Type

Multi-Family

Taxes

^$ 13,815

Style

Multi Family

Lot Size

0.23

Year Built

1890

Town/City

Swampscott

County/Region

Essex

MLS | Web ID

73230902

List By

The Pallotta Group

Listing Agent

Leading Edge Real Estate

Broker

Affordability Calculator

$12,111

Per Month

Monthly Principal & Interest: $10,960
Monthly Property Taxes: $1,151
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends

Multi-family listings in Swampscott, MA

Average List Price ^$1,062,333

Percent of Sale Price 36%

About Swampscott, MA

14,371 Population

0% Since 2002

^$104,750 Median Income

47.81 Median Age

30% Households with Children

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Trends Information provided by ATTOM Data Solutions.

Neighborhood & Schools

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Pricing History

Date	Price	Price Change	Description
5/1/2024	$1,649,000		Listed Price

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140 Elmwood Rd, Swampscott, MA, 01907 is a Multi-Family Home for sale at $1,649,000 with 4,364 sqft and a lot size of 0.23. 140 Elmwood Rd has 7 bedrooms, 3.1 baths, and was built in 1890. The property's zip code is 01907 which is in Swampscott, MA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Data is updated as of 6/1/2024.

The real estate information and related content displayed on this site is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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 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 or leasing 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 or leasing. 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.

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140 Elmwood Rd

Multi-Family Home for sale in Swampscott, MA

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