Active Under Contract
16 Days on market
178/180 West St Needham — Photo 1 of 42

178/180 West St Needham — Photo 1 of 42

$2,700,000

Investment Analysis — 178/180 West St

Needham, MA 02494

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-unit multi-family in 02494 carries an estimated $7,670/mo in gross rent — about a 2.01% cap rate and $54,262/yr in estimated NOI at the $2,700,000 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

8

Baths

6

SqFt

5,211

Style

2 Family - 2 Units Side by Side

Built

2005

A rare opportunity to own a unique property. This two family home, in an incredible location, was built in 2005 and has two totally separate townhouses. Are you looking for a home of your own with fantastic income from the other unit to supplement your expenses, or an ivestment property with two rental units, or an amazing multigenerational living space, or a chance to do a condo conversion and sell each unit separately? In addition, there's an oversized 2 car garage with loft space above that's roughed in for an ADU; another income booster! All this in immaculate condition, ready to move right in. Both units: Central A/C, gas cooking and heat, 1st floor laundry rooms, totally separate utilites, separate driveways, opportunity to expand living space in the basements with bathrooms roughed in.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Property Details

Financials

Original Price$2,700,000
Annual Taxes$15,688.34

Parking

Garage2
Off-Street10

Interior Specifications

Total Rooms15
Fireplaces2
FlooringTile, Carpet, Hardwood
BasementFull, Bulkhead, Concrete

Climate & Utilities

HeatingForced Air, Natural Gas, Individual, Unit Control
CoolingCentral Air, Multi Units, Individual, Unit Control
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationConcrete Perimeter
ZoningGen Res

Property & Lot

Acres0.4
SqFt Lot17,500
Lot Features--

Amenities & Appliances

Range • Dishwasher • Disposal • Microwave • Refrigerator • Washer • Dryer • Vacuum System • Range Hood

Neighborhood

Public Transportation • Shopping • Pool • Tennis Court(s) • Park • Medical Facility

Geography

Listing Provided By

Listing Agent: Deborah Anastas

Listing Office: Berkshire Hathaway HomeServices Commonwealth Real Estate

MLS® Number: 73569112