$1,405,000
7
Beds
3
Baths
3,622
Living Area
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Property Description
Incredible fully occupied 3-Family investment opportunity in Wyoming Heights section of Melrose. This Queen-Anne Victorian showcases 1st & 3rd floor 2bedroom units and a 2nd floor 3bedroom unit. High ceilings, hardwood flooring, and a time capsule featuring beautiful interior wood work. Separate utilities, including gas heating for all units and Central AC on the 3rd floor unit. All 3 apartments include in-unit laundry. Full basement for tenant storage. Location, Location, Location! Close to bus, train and commuter rail. Less than 1/2 mile to downtown Melrose ammenities. Two off-street driveways to corral 2 parking spaces per unit. Floor plans attached. Add to your investment portfolio, 1031 Exchange or consider potential condo conversion. ***Due to full occupancy, please refer to Open House times for all showings - 11am-1230pm Saturday/Sunday.***
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Highlights
- Cooling: Central Air
- Parking Spots: 6
- Property Type: 3 Family - 3 Units Up/Down
- Year Built: 1894
- Heating: Natural Gas
- Property Class: Residential Income
- Total Rooms: 15
- Status: Closed
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Additional Details
- Appliances: Range, Oven, Dishwasher, Refrigerator, Washer, Dryer
- Construction: Frame
- Fireplaces: 2
- Foundation: Stone
- Road Frontage Type: Public
- Total Number of Units: 3
- Year Built Source: Public Records
- Basement: Full, Walk-Out Access, Unfinished
- Exterior Features: Rain Gutters
- Flooring: Wood, Tile
- Lot Features: Corner Lot
- Roof: Shingle, Rubber
- Year Built Details: Approximate
- Zoning: Ura
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Amenities
- Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Highway Access, T-Station
- Parking Features: Off Street, Paved
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $1,181,000
- Compensation Based On: Net Sale Price
- Tax Year: 2024
- Total Rent: $6,575
- Buyer Agent Compensation: 2%
- Rental Fee Includes: Unit 1(Water), Unit 2(Water), Unit 3(Water)
- Taxes: $11,727
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