$881,000
$799,900
10.1%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
4.5 Baths
2,156 SqFt
SOLD DATE : 11/03/2020
Key Details
Sold Price $881,000
Property Type Multi-Family
Sub Type 4 Family - 4 Units Up/Down
Listing Status Sold
Purchase Type For Sale
Square Footage 2,156 sqft
Price per Sqft $408
MLS Listing ID 72711028
Sold Date 11/03/20
Bedrooms 4
Full Baths 4
Half Baths 1
Year Built 1960
Annual Tax Amount $7,740
Tax Year 2020
Lot Size 10,454 Sqft
Acres 0.24
Property Sub-Type 4 Family - 4 Units Up/Down
Property Description
Great opportunity for an investment property located perfectly - directly across from Oak Grove Station. Four, one bedroom residential units and a small professional space on the ground level (currently a Barber Shop). Fully occupied with respectable rents. Additional $8400/yr of income from the Barber Shop on the street level and even more income from the two garage spots. Lots of 'green space' behind the building and a driveway to the side for additional parking. New roof installed in 2020. Exceptional location, good rental income and ample off street parking all equal a great venture into owning income property or adding to your existing portfolio.
Location
State MA
County Middlesex
Zoning ResA
Direction Directly across from Oak Grove.
Interior
Flooring Wood
Appliance Gas Water Heater
Exterior
Garage Spaces 2.0
Community Features Public Transportation, Shopping, Medical Facility, Laundromat, Highway Access, House of Worship, T-Station
Roof Type Shingle
Total Parking Spaces 6
Garage Yes
Building
Lot Description Wooded
Story 7
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Schools
Elementary Schools Beebe
Middle Schools Malden
High Schools Malden High
Others
Senior Community false
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Bought with Alina Chamberlain • Coldwell Banker Realty - Chelmsford
At Brad Hutchinson Real Estate, our main goal is simple: to assist buyers and sellers with making the best, most knowledgeable real estate decisions that are right for you. Whether you’re searching for houses for sale, commercial investment opportunities, or apartments for rent, our independent, committed staff is ready to assist you. We have over 60 years of experience serving clients in and around Melrose and Boston's North Shore.
193 Green Street, Melrose, Massachusetts, 02176, United States