$850,000
5
Beds
4
Baths
2,789
Living Area
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Property Description
Welcome to your next investment venture in picturesque Melrose! This well-maintained two-family home is a prime opportunity for investors, those seeking owner-occupied living, or developers looking to capitalize on its potential. Nestled on a charming corner lot, this property offers townhouse style living experience with separate entries for each unit. Unit 1 features a living room with fireplace, cathedral ceiling kitchen, dining with direct access to the shared backyard, bedroom & updated 1st floor bath with laundry. Upstairs you’ll find two more bedrooms & full bath. The partially finished basement includes yet another full bathroom, along with ample storage space. Unit 2 is equally enticing, boasting an updated kitchen equipped with laundry for added convenience, and a bright living area flooded with natural light. With 2 beds & bath upstairs. Conveniently situated in the heart of downtown Melrose, steps away from shops, restaurants, and several public transportation options.
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Highlights
- Parking Spots: 6
- Property Type: 2 Family - 2 Units Side by Side
- Year Built: 1860
- Property Class: Residential Income
- Total Rooms: 10
- Status: Closed
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Additional Details
- Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
- Construction: Frame
- Flooring: Tile, Hardwood
- Interior Features: Cathedral/Vaulted Ceilings, Bathroom with Shower Stall, Bathroom With Tub & Shower, Living Room, Dining Room, Kitchen
- Road Frontage Type: Public
- Total Number of Units: 2
- Year Built Source: Public Records
- Basement: Partial, Partially Finished
- Fireplaces: 1
- Foundation: Stone, Slab
- Lot Features: Corner Lot
- Roof: Shingle
- Year Built Details: Actual
- Zoning: Urd
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Amenities
- Community Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, T-Station
- Parking Features: Paved Drive, Off Street, Paved
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Utilities
- Electric: Circuit Breakers
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $781,600
- Compensation Based On: Net Sale Price
- Taxes: $7,761
- Buyer Agent Compensation: 2%%
- Tax Year: 2024
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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 Leading Edge Real Estate.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.