39 Newhall St
$4,550,000
31
Beds
23
Baths
16,052
Sqft
- Request Info
- Call
- Save
-
More
- Mortgage Calculator
Property Tools
$4,550,000
31
Beds
23
Baths
16,052
Living Area
-
Property Description
39 Newhall (20 Units) and 8 Suffolk (3 Units) contain a total of twenty-three (23) units on one parcel of land, consisting of eight (8), 2-Bedroom/1-Bathroom units, twelve (12) 1-Bedroom/1-Bathroom units and three (3) 2-Room Studio units. Each unit is separately metered for electricity and gas-fired head, which the tenants pay directly. Hot water is the responsibility of the tenants in the 8 Suffolk units and the landlord in the 39 Newhall units. The landlord is responsible for common area electric and domestic water and sewer. In-place leases are significantly below market rates; the opportunity exists to upgrade the unrenovated unit interiors to drive rental rates in an urban-infill, high demand/supply-constrained residential market.
-
Highlights
- Levels: 3
- Property Type: 5+ Family - 5+ Units Side by Side
- Total Rooms: 74
- Status: Active
- Property Class: Residential Income
- Stories: 3
- Year Built: 1910
-
Additional Details
- Basement: Unfinished
- Lot Features: Corner Lot
- Roof: Rubber
- Total Number of Units: 23
- Year Built Source: Public Records
- Foundation: Other
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Approximate
- Zoning: R5
-
Amenities
- Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Highway Access, House of Worship, Marina, Private School, Public School, T-Station, University
- Waterfront Features: Beach Front, 3/10 to 1/2 Mile To Beach
-
Utilities
- Electric: Individually Metered
- Water Source: Public
- Sewer: Public Sewer
-
Fees / Taxes
- Assessed Value: $3,396,300
- Compensation Based On: Net Sale Price
- Tax Year: 25
- Total Rent: $30,745
- Buyer Agent Compensation: 2%
- Rental Fee Includes: Unit 1(Water), Unit 2(Water)
- Taxes: $35,186
Similar Listings
Content © 2025 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of Horvath & Tremblay.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.