About 140 Elmwood Rd
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!
Features of 140 Elmwood Rd
MLS® # | 73230902 |
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Price | $1,649,000 |
Bedrooms | 7 |
Bathrooms | 3.50 |
Full Baths | 3 |
Half Baths | 1 |
Square Footage | 4,364 |
Acres | 0.23 |
Year Built | 1890 |
Type | Residential Income |
Sub-Type | Multi Family |
Status | Active |
Community Information
Address | 140 Elmwood Rd |
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Area | Olmsted Historic District |
City | Swampscott |
County | Essex |
State | MA |
Zip Code | 01907 |
Amenities
Parking Spaces | 2 |
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Parking | Paved Drive, Off Street |
# of Garages | 2 |
Is Waterfront | No |
Has Pool | No |
Interior
Fireplace | Yes |
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Fireplaces | Gas |
# of Stories | 3 |
Additional Information
Zoning | A2 |
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Listing Details
Agent | The Pallotta Group |
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Office | Leading Edge Real Estate |
Buyer Agent Compensation | 2 |
Compensation Based On | Net Sale Price |
Sub Agency Relationship Offered | No |