$1,049,000
6
Beds
2
Baths
2,630
Living Area
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Property Description
is pleased to present this two-family investment property located at 9 Elm Street in Melrose, MA. The three-story building contains two (2) 3-Bedroom/1-Bathroom units with 2,630 square feet of gross living area in 5,544 square feet of gross area. Both units offer in-unit laundry and porches. Additional value-add opportunities can be leveraged for an investor or savvy owner-occupant. The Property is situated upon a 0.134-acre corner parcel and features two (2) off-street parking spaces. 9 Elm Street is well-positioned in downtown Melrose, offering strong access to the city's central business district, neighborhood retail corridors, and surrounding residential neighborhoods.
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Highlights
- Levels: 3
- Property Class: Residential Income
- Stories: 3
- Year Built: 1896
- Parking Spots: 2
- Property Type: 2 Family - 2 Units Up/Down
- Total Rooms: 15
- Status: Active
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Additional Details
- Basement: Unfinished
- Flooring: Wood
- Lot Features: Corner Lot
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: Ura
- Construction: Frame
- Foundation: Stone
- Roof: Shingle
- Total Number of Units: 2
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station
- Parking Features: Paved Drive, Off Street
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $802,900
- Taxes: $7,949
- Tax Year: 2025
- Total Rent: $4,300
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