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.
Price / Sq.Ft.
$306 / ft2
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Based on a price of $1,100,000
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Interior Features & Layout
Living Room, Kitchen, Living Room, Kitchen, Living Room, Dining Room, Kitchen, Living Room, Dining Room, Kitchen, Laundry
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
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
Mls Prop Type
Building Exterior Details
Porch, Balcony, Gutters
Full, Walk Out, Interior Access, Concrete Floor, Exterior Access
Concrete Block, Fieldstone
Year Built Description
Mls Property Type
Off-Street, Assigned, Paved Driveway
Year Built Source
Utilities & Other Information
for Electric Range, for Electric Oven, for Electric Dryer, Washer Hookup
Listing Details, Costs & Financing Information
Offline Listing Number
Rear of property touches flood zone. Beyond is an area of swamp. Owner does not pay flood insurance and has not experienced water issues.
Net Operating Income
Monthly Rent Unit 1
Monthly Rent Unit 2
Monthly Rent Unit 3
Monthly Rent Unit 4
School Neighborhood & Directions
GPS - Off Franklin Street
Public, Paved, Publicly Maint., Sidewalk
Zip Code +4
Price Per Sqft
List Price Per Sqft
The information contained in this listing has not been verified by Flyhomes and should be verified by the buyer.