$4,630 Closing Credit¹
#73339465, The Liberty Group, Listing Office: Real Broker MA, LLC
$499,000 List price
55 Railroad Ave Swansea, MA 02777
$5,926
Closing credit¹
4 beds
3 full
1,794 sqft
0.07 acres
$278 / sqft
Multi-Family
Property details
About 55 Railroad Ave
Price Improvement! New septic design In process by seller, Discover a fantastic investment opportunity with this Ocean Grove three family home only a 3 minute drive to Swansea town beach, convenient to major highways and many other amenities such as marina and country club! This home features first floor apartment with porch, one bedroom, one bath and recently remodeled kitchen, with new electric, plumbing and flooring. The second floor apartment features two bedrooms, one bathroom, living room, dining room, and recently refreshed galley kitchen, new ceilings and original hard wood flooring as well as walk out covered deck with distant water views! Third apartment features high ceilings, one bedroom, one bath and living room space. This home has many updates, including electric,plumbing , and new back roof, currently draws in $3400 a month profit for rental income. Don’t miss out on this rare opportunity to own a multi family home in desirable Swansea area!
Highlights
Home typeMulti Family
StatusAccepting Backup Offers
(Contingent)
(Contingent)
Size1,794 sqft
BasementYes
Lot size0.07 Acres
Year built1920
ParkingPaved Drive, Off Street, Paved
MLS #73339941
Garage1 space
WaterfrontBeach
Summary
- MLS Number: 73339941
- MLS Name: MLS Property Information Network
- Office Name: Madeira Real Estate
- Office Phone: (508) 617-7748
- Listing Agent: Patti Berthelette
Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/11/2025, 10:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$499,000
55 Railroad Ave
$5,926
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $391,000 | $4,688 |
| 2023 | $235,200 | $3,088 |
| 2022 | $212,100 | $3,052 |
| 2021 | $207,200 | $3,239 |
| 2020 | $209,600 | $3,266 |
| 2019 | $197,700 | $3,066 |
History based on county public records data.
Nearby schools
5
Joseph G Luther
Public District 3-5
1.5 mi
•100 Pearse Rd
5
Elizabeth S Brown
Public District 3-5
1.8 mi
•29 Gardners Neck Rd
5
Hugh Cole Elementary School
Public District PK-5
2.3 mi
•50 Asylum Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $73,965. The most common annual income of people living in Swansea, MA is between $35k-100k. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
27%
<35k
43%
35k-100k
28%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
41%
Single, No Kids
9%
Single, with Kids
34%
Married, No Kids
16%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
11%
<11 yrs old
7%
12-17 yrs old
17%
18-34 yrs old
47%
35-64 yrs old
18%
65+ yrs old
What do the neighbors do for fun?
NASCAR
Soccer
PGA/LPGA
Where do the neighbors shop?
Dick's Sporting Goods
Old Navy
Stein Mart
Where do the neighbors go to eat?
Arbys
Jimmy Johns
Cracker Barrel
What do the neighbors drive?
GMC
Lexus
Lincoln
What do the neighbors listen to?
Adult Hits
New Country
Oldies
All data provided by Home Junction and Claritas
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$10,000 Closing Credit¹
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This home is located at 55 Railroad Ave in Swansea, MA and zip code 02777. This 1,794 square foot home, which was built in 1920, sits on a 0.07 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since March 1, 2025 and is currently priced at $499,000.
Swansea, MA housing market in March 2025 saw over 7 listings sold above listed price, more than 1 sold at listed price and over 5 sold below. In March 2025 in Swansea, MA there were 2.9% more homes for sale than in February. Listings spent 50 days on the market in March 2025, and had a median list price of $485,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.