481 Humphrey St
$999,000
5
Beds
2/1
Baths
2,471
Sqft
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$999,000
5
Beds
2/1
Baths
2,471
Living Area
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Property Description
PRICE REDUCTION! Rare opportunity to own two single-family homes on one lot just one block from the ocean in highly desirable Swampscott! Enjoy the sights and sounds of nearby Swampscott Harbor and Fisherman’s Beach, both just moments from your doorstep. This prime coastal location is also a short walk to downtown Swampscott, offering a charming mix of local shops, restaurants, and everyday conveniences. This versatile property presents multiple living and investment options: • Ideal for owner-occupants with extended family • Perfect for live-in owners seeking rental income • Excellent as a fully income-producing investment property. Both homes have been well maintained and feature numerous updates, making this a turnkey opportunity in a sought-after seaside community. Whether you’re looking for a multi-generational living setup, a coastal retreat, or a strong rental investment, this property offers exceptional flexibility and value. Don’t miss this unique opportunity!
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Highlights
- Cooling: Central Air, Ductless
- Levels: 5
- Property Class: Residential Income
- Stories: 5
- Year Built: 1798
- Heating: Forced Air, Natural Gas, Electric, Individual, Ductless
- Parking Spots: 10
- Property Type: Multi Family
- Total Rooms: 11
- Status: Active
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Additional Details
- Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
- Construction: Frame
- Foundation: Stone
- Lot Features: Level
- Roof: Shingle
- Total Number of Units: 2
- Year Built Source: Public Records
- Basement: Full, Unfinished
- Flooring: Wood, Hardwood
- Interior Features: Ceiling Fan(s), Walk-Up Attic, Heated Attic, Bathroom With Tub & Shower, Bathroom with Shower Stall, Open Floorplan, Living Room, Dining Room, Kitchen, Loft
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Approximate
- Zoning: N/a
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Amenities
- Parking Features: Paved Drive, Off Street, Paved
- Waterfront Features: Beach Access, Harbor, Ocean, Walk to, 0 to 1/10 Mile To Beach, Beach Ownership(Public)
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Utilities
- Electric: Circuit Breakers
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $703,400
- Tax Year: 2025
- Total Rent: $6,600
- Rental Fee Includes: Unit 1(Water), Unit 2(Water)
- Taxes: $8,068
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