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Melrose, MA. 02176-5320


MLS # 72726220 - Sold
Multi-Family 4 Family    

List Price $1,250,000 Days on Market  
List Date   # Units 4
Sale Price $1,300,000 # Floors  
Sold Date 10/23/20 Rooms 20
Assessed Value $836,100 Bedrooms 8
Gross Living Area 6,426SF Full Baths 4
Lot Size 20,663SF Half Baths 1
Taxes $9,239.00 Fireplaces  
Tax Year 2020 Basement Yes
Zoning URA Waterfront No
Est. Street Front   Beach Nearby No
Year Built 1915 Parking Spaces 6
    Garage Spaces 0

Remarks:

Opportunities like this do not come along very often! If you've passed this home on a walk and looked down the driveway you have admired her beauty and probably didn't realize it was not a single family home! This 1915 structure was originally a carriage house to a neighboring home. unit 1 on first floor is a 2 bedroom unit with living room, dining room and eat in kitchen. Unit 2 enters on the first floor with living and diningroom but is a townhouse style with 3 bedrooms on the 2nd flr. unit 3 is on the 2nd floor with 2 bedrooms, living room and dining room. The 4th unit is a 1 bedroom with it's own entrance on the side of the property. The attic space offers possible expansion opportunities but is currently used by unit 1 and 2 for additional storage. All units have storage and washer and dryer space in basement. Great rental history and investment! Property will be delivered empty.sewer easment on property.

Features
Amenities   Public
   Transportation,
   Shopping, Park, Golf
   Course, Medical
   Facility, Laundromat,
   Highway Access, House of
   Worship, Private School,
    Public School,
   T-Station
Basement   Full, Walk
   Out, Interior Access,
   Concrete Floor
Energy   Insulated
   Windows, Prog.
   Thermostat
Exterior   Shingles,
   Wood, Stucco
Exterior Feat.   Deck,
   Professional Landscaping
Flooring   Wood
Foundation   Granite
Heating Zones   4
Hot Water   Natural Gas
Lead Paint   Unknown
Lot   Paved Drive,
   Easements, Gentle Slope
Parking   Off-Street,
   Assigned
Road   Public
Roof   Asphalt/Fiberglass
   Shingles
Sewage District   Mwra
Sewer / Water   City/Town
   Sewer, City/Town Water
Warranty   No
Units
Common Features Rooms: Laundry, Other (See Remarks)
Unit 1 Appliances: Range, Refrigerator; Bedrooms: 3; Floor: 1; Full Baths: 1; Half Baths: 1; Heating: Gas;
     Interior: Philadelphia; Lease: No; Levels: 2; Rent: 1750; Rent Includes: Water; Rooms: 6; Rooms
     Desc.: Living Room, Dining Room
Unit 2 Appliances: Range, Dishwasher, Disposal, Refrigerator; Bedrooms: 2; Floor: 2; Full Baths: 1;
     Heating: Gas; Interior: Ceiling Fans, Storage, Wood Flooring, Bathroom With Tub & Shower; Lease:
     Yes; Levels: 1; Rent: 2250; Rent Includes: Water; Rooms: 5; Rooms Desc.: Living Room, Dining Room,
     Kitchen
Unit 3 Appliances: Range, Refrigerator; Bedrooms: 2; Floor: 3; Full Baths: 1; Heating: Gas; Interior:
     Hardwood Floors; Lease: No; Levels: 1; Rent: 1175; Rent Includes: Water; Rooms: 6; Rooms Desc.:
     Living Room, Dining Room, Kitchen
Unit 4 Appliances: Range, Refrigerator; Bedrooms: 1; Floor: 2; Full Baths: 1; Heating: Gas; Interior:
     Ceiling Fans, Walk-Up Attic, Cable TV Available; Lease: No; Levels: 1; Rent: 750; Rent Includes:
     Water; Rooms: 3; Rooms Desc.: Living Room, Kitchen
Financial Info
Electricity   $168
Expenses Source   Owner
   Provided
Gross Expenses   $9,552
Gross Oper. Income  
   $71,100
Insurance   $5,242
Net Oper. Income   $71,100
Water   $4,142
Additional Information
APOD Available?   Yes
Adult Community   No
Anticipated Sale Date  
   10/23/2020
Deed   Book: 25103, Page:
   486
Disclosures   Washer and
   Dryers belong to tenants
Exclusions   washer and
   dryers belong to tenants.
Foreclosure   No
GLA Source   Public Record
Off Market Date   10/7/20
Parcel #   M:0C5 P:0000122
Schools   Middle School:
   Melrose Memoria, High
   School: Melrose High
Seller Disclosure Doc   No
Short Sale   No
Terms   Contract for Deed
Year Built Desc.   Actual
Year Built Source   Public
   Record

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Property Last Updated by Listing Office: 10/23/20 9:32pm

Courtesy: MLSPIN

Contact agent for more information about this listing
Listing Office: LAER Realty Partners Listing Agent: Julie Cronin


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