Opportunity to own a mixed-used, two-unit property just blocks from the Swampscott commuter rail station and Swampscott's downtown, centered around the historic Monument Square, a charming seaside area known for its coastal character, local shops, restaurants, beaches, King's Beach & Fisherman's Beach, offering a blend of historic charm, seaside living, and proximity to Boston. First floor is an open retail/commercial space with smaller room/office plus 2 half baths and rear exit to parking. Driveway is shared by easement. Second floor is well-maintained, one bedroom apartment featuring living/dining room, large bedroom, hallways, full bath with tub/shower and updated kitchen leading to composite deck/exterior stairs. Apartment has beautiful hardwood floors. Systems updated: FHW baseboard heat & separate hot water tank by gas. Windows replaced throughout. Large, unfinished basement is perfect for storage & includes washer and dryer.
Investors and business owners take notice with this 4 Unit, Mixed use property that contains 2, 2-bedroom, residential units, and 2 commercial units. close to the ocean and downtown area. Very well-maintained property with existing owners' business on site. Current owners' family run business uses most of the building but can be reduced to allow leases of the residential 2 bedrooms, and the additional commercial unit. Price does include owners' family run business in the sale price. Please refer to floor plans. Plenty of off-street parking. The location is key, with its proximity to the ocean. Condo conversion potential is outstanding and/or buy as is for investment with the business transfer. Owners willing to stay on and train and stay on as employees as well. Due to owner's use of the building current rent roll is not at market. This is a Turnkey building and business. Taxes and balance sheet on business available with signed NDA.
Swampscott is located in Massachusetts. Swampscott, Massachusetts has a population of 15,043. Swampscott is more family-centric than the surrounding county with 36.87% of the households containing married families with children. The county average for households married with children is 30.06%.
The median household income in Swampscott, Massachusetts is $114,086. The median household income for the surrounding county is $86,684 compared to the national median of $69,021. The median age of people living in Swampscott is 45 years.
The average high temperature in July is 80.3 degrees, with an average low temperature in January of 18.5 degrees. The average rainfall is approximately 47.9 inches per year, with 41.8 inches of snow per year.
