140 Elmwood Rd, Swampscott, MA

$1,649,000

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7

Beds

Baths

4,364

Square feet

0.23

Acres

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
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
Area Olmsted Historic District
City Swampscott
County Essex
State MA
Zip Code 01907

Amenities

Parking Spaces 2
Parking Paved Drive, Off Street
# of Garages 2
Is Waterfront No
Has Pool No

Interior

Fireplace Yes
Fireplaces Gas
# of Stories 3

Additional Information

Zoning A2

Listing Details

Agent The Pallotta Group
Office Leading Edge Real Estate
Buyer Agent Compensation 2
Compensation Based On Net Sale Price
Sub Agency Relationship Offered No

Listing Map

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