**PRICE DROP OF $50,000** TURNKEY ** 35 Melbourne is fully occupied 4-Unit transit oriented investment property fully rented through 8/31/2021. This property is a true turnkey investment taking in $105,540 per year or roughly $9K per month. The location is perfect for renters, making it a great long term investment near the Shawmut Redline Station (0.2 mile walk). The property went through an extensive renovation in 2018 which included a new construction entire third floor addition. That renovation also included new kitchens, new roof, new windows, upgraded bathrooms, sprinkler system, fire alarm and new hardi-plank siding. There is room to increase rents, and there is upside to this is investment especially with expansion potential in the basement. Buyer to due diligence, serious inquiries only. TAKE THE VIRTUAL TOUR! THIS PROPERTY IS CONTIGENT DUE TO FINANCING..SELLER IS TAKING BACKUP OFFERS SUBJECT TO FINANCING
Off market
$1,662,700
35 Melbourne St, Dorchester Center, MA 02124
8beds
3,874sqft
MultiFamily
Built in 1960
-- sqft lot
$1,662,700 Zestimate®
$429/sqft
$4,123 Estimated rent
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 6
- Full bathrooms: 6
Heating
- Forced air, Gas
Cooling
- Central
Appliances
- Included: Dishwasher, Dryer, Microwave, Refrigerator, Washer
Features
- Flooring: Concrete, Hardwood
Interior area
- Total interior livable area: 3,874 sqft
Property
Parking
- Parking features: On-street
Features
- Exterior features: Cement / Concrete
Lot
- Size: 2,613 sqft
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Asphalt
Condition
- Year built: 1960
Community & neighborhood
Location
- Region: Dorchester Center
Other
Other facts
- Amenities: Public Transportation, Public School, T-Station
- App Dscrp 1: Range, Microwave, Disposal, Dryer - Energy Star, Dishwasher - Energy Star, Washer - Energy Star, Refrigerator - Energy Star
- Construction: Frame
- Foundation: Poured Concrete
- Hea Dscrp 1: Gas
- Hot Water: Natural Gas
- Lot Description: Paved Drive
- Rms Dscrp 1: Living Room, Kitchen, Laundry, Other (see Remarks)
- Rms Dscrp 2: Living Room, Kitchen
- Road Type: Public
- Basement Feature: Concrete Floor, Unfinished Basement
- Rms Dscrp 3: Living Room, Kitchen, Other (see Remarks)
- Rms Dscrp 4: Living Room, Kitchen, Other (see Remarks)
- Rnt Dscrp 1: Water
- Rnt Dscrp 2: Water
- Rnt Dscrp 3: Water
- Rnt Dscrp 4: Water
- Utility Connections: For Gas Range
- App Dscrp 2: Microwave, Disposal, Refrigerator - Energy Star, Dryer - Energy Star, Dishwasher - Energy Star, Washer - Energy Star
- Flooring: Hardwood
- Electric Feature: 200 Amps
- Col Dscrp 1: Central Air
- Ife Dscrp 1: Intercom
- Mf Type: 4 Family - 4 Units Side By Side
- Roof Material: Asphalt/Composition Shingles
- App Dscrp 3: Microwave, Refrigerator - Energy Star, Dryer - Energy Star, Dishwasher - Energy Star, Washer - Energy Star
- App Dscrp 4: Microwave, Refrigerator - Energy Star, Dryer - Energy Star, Dishwasher - Energy Star, Washer - Energy Star
- Exterior: Fiber Cement Siding
- CONTINGENCY_TYPE: Inspection
Services availability
Get a cash offer in 3 minutes
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Estimated market value
$1,662,700
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
$1,662,700