Sold!
$978,478
4
Beds
2
Baths
2,585
Living Area
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Property Description
Excellent opportunity to purchase a turn-key 2 family in ideal Melrose location. Separate entrances and utilities, 2 car garage plus driveway, and great curb appeal make this ideal for an owner-occupant or investor. Both units have received fresh interior paint, refinished hardwood floors throughout, and updated kitchen and bath fixtures. Certified Deleaded 1st-floor unit features 2 bed, 1 bath, formal living and dining rooms, and modern kitchen. Similar layout upstairs with bonus partially finished walk up 3rd floor perfect for office space or potential for 3rd bedroom with tenancy at will beginning 9/1. Tons of natural light, plus front and back porches, extra storage in split dry basement, generous sized fenced in yard, in a desirable location only .4 miles to commuter rail, with nearby restaurants, Whole Foods, and all that downtown Melrose has to offer. Don’t miss out on this chance to own a stabilized income producing property grossing $60k per year!
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Highlights
- Cooling: Unit 1(Window AC), Unit 2(Window AC)
- Parking Spots: 4
- Property Type: Multi Family
- Year Built: 1927
- Heating: Unit 1(Steam, Oil), Unit 2(Steam)
- Property Class: Residential Income
- Total Rooms: 13
- Status: Closed
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Additional Details
- Appliances: Unit 1(Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Vent Hood), Unit 2(Range, Dishwasher, Disposal, Microwave, Countertop Range, Refrigerator, Washer, Dryer, Vent Hood)
- Exterior Features: Porch - Enclosed, Deck, Balcony, Gutters, Storage Shed, Screens, Fenced Yard, Unit 1 Balcony/Deck, Unit 2 Balcony/Deck
- Foundation: Stone
- Lot Features: Level
- Total Number of Units: 2
- Year Built Source: Public Records
- Basement: Unfinished
- Flooring: Unit 1(undefined)
- Interior Features: Unit 2(Ceiling Fans), Unit 1 Rooms(Living Room, Dining Room, Kitchen), Unit 2 Rooms(Living Room, Dining Room, Kitchen, Family Room, Loft)
- Roof: Shingle
- Year Built Details: Actual
- Zoning: unknown
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Amenities
- Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Laundromat, Bike Path, Conservation Area, Highway Access, Public School, T-Station
- Parking Features: Paved Drive, Shared Driveway, Off Street, Paved
- Covered Parking Spaces: 2
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Utilities
- Electric: 200+ Amp Service
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Buyer Agent Compensation: 2.25%
- Rental Fee Includes: Unit 1(Water), Unit 2(Water)
- Taxes: $9,056
- Compensation Based On: Net Sale Price
- Tax Year: 2023
- Total Rent: $5,000
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Content © 2026 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 William Raveis R.E. & Home Services.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
