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57 Greenwood St, Melrose, MA 02176
8
beds
4
baths
3600
ft2
· 5902
ft2 lot
$1,100,000
$306 / ft2
Listing provided courtesy of Chad Erenhouse, Brad Hutchinson Real Estate.
Source MLS PIN.
Great investment opportunity to expand your portfolio. Highly sought after - extremely rare to market - 4 UNIT - MULTIFAMILY located steps away from Melrose Highlands commuter rail station. By the numbers this is the one you have been waiting for: 8BRs, 4BAs, potential for a 6-figure rent roll or condo-conversion. First floor offers two 1BR 1BA apartments. Second and third floor offer two 3BR 1BA apartments. Each apartment has in-unit laundry hookup and a fully applianced kitchen. Gas and electric are separately metered. Water is common (two meters). Basement is clear, dry and provides access to large lockable storage stalls (one for each unit). Also in basement are four gas-fueled forced air systems (one for each unit) and four gas-fueled hot water tanks (one for each unit). Exterior siding installed in 2006. Many interior cosmetic upgrades done 2019. 2020 capital improvements include brand new paved parking lot and main drain plumbing converted from cast-iron to PVC. See MLS docs.
HOA
$—/month
On market
18 days
Year built
1910
Property type
4 Family
Parking
6
MLS
72818038
Price / Sq.Ft.
$306 / ft2
Status
Under Agreement
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Based on a price of $1,100,000
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Property Details
Interior Features & Layout
Additional Rooms
Living Room, Kitchen, Living Room, Kitchen, Living Room, Dining Room, Kitchen, Living Room, Dining Room, Kitchen, Laundry
Electric Details
Circuit Breakers, Individually Metered, 400 Amps
Heating Description Unit4
Forced Air, Gas
Heating Units
4
Hot Water
Natural Gas, Tank
Heating Description Unit 1
Forced Air, Gas
Utility Description
Water, Water, Water, Water
Total Levels
3, 6, 6
Unit 4 Floor Level
2
Total Levels Unit 1
1, 1
Energy Details
Insulated Windows, Storm Windows, Storm Doors
Unit 4 Appliances
Range, Dishwasher, Refrigerator, Freezer, Washer & Dryer Hookup
Interior Features
Cable TV Available, Storage, Balcony/Deck, High Speed Internet Hookup, Bathroom With Tub & Shower, Cable TV Available, Storage, Balcony/Deck, High Speed Internet Hookup, Bathroom With Tub & Shower, Cable TV Available, Pantry, Storage, Balcony/Deck, High Speed Internet Hookup, Bathroom With Tub & Shower, Cable TV Available, Storage, Balcony/Deck, High Speed Internet Hookup, Bathroom With Tub & Shower
Virtual Tour
1
Total Levels Unit 2
1, 1
Total Beds
8
Unit 3 Appliances
Range, Refrigerator, Freezer, Washer & Dryer Hookup
Total Levels Unit 3
2, 2
Unit 2 Appliances
Range, Dishwasher, Refrigerator, Freezer, Washer, Dryer
Total Levels Unit 4
2
Unit 1 Appliances
Range, Dishwasher, Refrigerator, Freezer, Washer, Dryer
Full Baths
4, 4
Unit 4 Full Baths
1
Unit 3 Full Baths
1
Unit 4 Beds
3
Total Rooms Unit 1
3
Unit 2 Full Baths
1
Total Rooms Unit 2
3
Unit 1 Full Baths
1
Unit 3 Beds
3
Total Rooms Unit 3
6
Unit 2 Beds
1
Total Rooms Unit 4
6
Unit 1 Beds
1
Total Rooms
18, 18, 18
Heating Description Unit2
Forced Air, Gas
Heating Description Unit3
Forced Air, Gas
Property, Lot, Community & Exterior Features
Total Units In Complex
4
Color
Beige
Property Type
4 Family
Area Amenities
Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat, Bike Path, Conservation Area, House of Worship, Private School, Public School, T-Station
Zoning
URA
Mls Prop Type
4 Family
Building Exterior Details
Porch, Balcony, Gutters
Lot Description
Paved Drive
Sqft Source
Public Record
Basement
Basement
Basement Details
Full, Walk Out, Interior Access, Concrete Floor, Exterior Access
Foundation
Concrete Block, Fieldstone
Roof
Asphalt/Fiberglass Shingles
Year Built Description
Actual
Mls Property Type
Multi-family
Water/Sewer Built
3526
Lead Paint
Unknown
Parking Descriptions
Off-Street, Assigned, Paved Driveway
Acres
0.14
Year Built Source
Public Record
Construction Materials
Frame
Utilities & Other Information
Water Source
City/Town Water
Utilities
for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup
Sewer
City/Town Sewer
Sewer District
MWRA
Electric
167
Listing Details, Costs & Financing Information
Insurance Expenses
2651
Offline Listing Number
3235276
Gross Revenue
19089
Finances Source
Owner Provided
Gross Income
96120
Exclusions
No exclusions.
Disclosures
Rear of property touches flood zone. Beyond is an area of swamp. Owner does not pay flood insurance and has not experienced water issues.
Dpr
Dpr
Net Operating Income
77031
Rme
5225
Monthly Rent Unit 1
1600
Monthly Rent Unit 2
1610
Monthly Rent Unit 3
2300
Monthly Rent Unit 4
2500
Apod Available
Apod Available
Tax Year
2021
Oh Flag
1
Status
Under Agreement
Total Rent
8010
Assessed Value
675800.00
Selling Agent
CN228486
Taxes
7400.00
Operating Expense
12/20
Apn
M:B13 P:0000094
School Neighborhood & Directions
Street Number
57-59
Elementary School
TBD
Map Book
36342
Area
Melrose Highlands
High School
Melrose High
Map Page
322
Directions
GPS - Off Franklin Street
Road Type
Public, Paved, Publicly Maint., Sidewalk
Zip Code +4
1136
Middle School
Melrose Middle
Other
Price Per Sqft
305.56
List Price Per Sqft
305.56
Cdom Property
14
Cdom Broker
14
Cdom
14
The information contained in this listing has not been verified by Flyhomes and should be verified by the buyer.

Data last updated: May 09, 2021 3:25pm
Neighborhood snapshot
16
Properties for sale
17
Median days on market
$405.92
Median sold price/sqft
104.23%
Sold/List %
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walk score® :
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Property History
04/28/2021
04/28/2021
MLS PIN #72818038
pending
MLS PIN #72818038
$1,100,000
04/21/2021
04/21/2021
MLS PIN #72818038
active
MLS PIN #72818038
$1,100,000
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