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99 Farragut Rd. Swampscott — Photo 1 of 29

99 Farragut Rd. Swampscott — Photo 1 of 29

$999,900

Investment Analysis — 99 Farragut Rd.

Swampscott, MA 01907 — Olmsted Historic District

Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-unit multi-family in 01907 carries an estimated $7,180/mo in gross rent — about a 5.40% cap rate and $53,957/yr in estimated NOI at the $999,900 list price. Adjust every assumption in the calculator below.

View Standard Listing

Beds

7

Baths

3

SqFt

3,225

Style

2 Family - 2 Units Up/Down

Built

1922

Set in the heart of Swampscott’s Historic Olmsted District, this spacious two-family home offers an exceptional combination of coastal lifestyle and investment value. Ideal for both owner-occupants and seasoned investors, the property includes a townhouse-style main unit with 4–5 bedrooms and 2 baths, plus a well-designed 2-bedroom, 1-bath second unit. Both units feature functional layouts, great natural light, and strong rental potential in one of the North Shore’s most sought-after seaside communities. Recent updates including a 2026 roof and newer heating systems. The location is unbeatable, with convenient access to the commuter rail, Vinnin Square, local beaches, and neighborhood restaurants. A two-car garage and two additional off-street parking spaces further enhance the property’s appeal. A rare opportunity to secure a solid, income-producing multi-family in a premier coastal town.

Estimates — not financial advice

These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.

Property Details

Financials

Original Price$999,900
Annual Taxes$11,525

Parking

Garage2
Off-Street4

Interior Specifications

Total Rooms13
FireplacesNone
FlooringTile, Vinyl, Carpet, Hardwood
BasementFull, Unfinished

Climate & Utilities

HeatingBaseboard, Oil
CoolingNone
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofShingle
FoundationStone, Brick/Mortar
ZoningN/A

Property & Lot

Acres0.14
SqFt Lot6,050
Lot FeaturesCorner Lot, Wooded

Amenities & Appliances

Range • Disposal • Refrigerator

Neighborhood

Public Transportation • Shopping • Tennis Court(s) • Park • Walk/Jog Trails • Bike Path

Geography

Listing Provided By

Listing Agent: Paula Pickett

Listing Office: Coldwell Banker Realty - Marblehead

MLS® Number: 73579457