Exceptional investment opportunity in an ever popular Melrose Location! Walking distance to Pine Banks, train stations and bustling downtown Melrose. Interiors were renovated in 2018: unit 1 features 2 bedrooms, 1 full bathroom and new kitchen with laundry in unit - unit 2 expanding floors 2 and 3, features 4 bedrooms, 2 full bathrooms and new kitchen with laundry in unit. Nice size lot with plenty of off street parking and two garage spots complete this incredible investment property. Less than a mile to Commuter rail - Wyoming Hill and Oak Grove Train station! Separate utilities for each unit. Fully rented this property will collect nearly $70,000 in annual rent or owner occupant can live in one unit and rent another. Two bedroom unit was rented for $2300 and Four bedroom unit was rented for $3500 - Property is vacant and easy to show!
Sold
$850,000
276-280 Lebanon St, Melrose, MA 02176
6beds
2,369sqft
2 Family - 2 Units Up/Down
Built in 1923
-- sqft lot
$1,009,700 Zestimate®
$359/sqft
$-- HOA
What's special
Zillow last checked: 7 hours ago
Listing updated: May 26, 2023 at 03:55pm
Listed by:
Jacqui Webb,
Berkshire Hathaway HomeServices Warren Residential
Bought with:
Varujan Abalian
1 Plus 1 Realty LLC.
Source: MLS PIN,MLS#: 73083750
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Has Heating (Unspecified Type)
Features
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total structure area: 2,369
- Total interior livable area: 2,369 sqft
Property
Parking
- Total spaces: 5
- Parking features: Paved Drive, Off Street
- Garage spaces: 2
- Has uncovered spaces: Yes
Lot
- Size: 7,810 sqft
Details
- Parcel number: M:0D5 P:0000116,654509
- Zoning: URB
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 2 Family - 2 Units Up/Down
Materials
- Foundation: Block
Condition
- Year built: 1923
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Highway Access, Public School, T-Station
Location
- Region: Melrose
HOA & financial
Other financial information
- Total actual rent: 5800
Services availability
Get a cash offer in 3 minutes
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Estimated market value
$1,009,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,009,700