$2,275,000
$2,275,000
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30 Beds
10 Baths
9,999 SqFt
SOLD DATE : 11/05/2018
Key Details
Sold Price $2,275,000
Property Type Multi-Family
Sub Type 5-9 Family
Listing Status Sold
Purchase Type For Sale
Square Footage 9,999 sqft
Price per Sqft $227
MLS Listing ID 72177964
Sold Date 11/05/18
Bedrooms 30
Full Baths 10
Year Built 1910
Annual Tax Amount $19,352
Tax Year 2017
Lot Size 0.380 Acres
Acres 0.38
Property Description
We are pleased to bring you a rare opportunity to purchase three (3) Multi-family properties on 0.375 acres. The property is comprised of Ten (10) Total units in three separated buildings. 91-93 Chestnut Street is a Two (2) Family. Each unit has 5 bedrooms and one bath on two floor. 95 Chestnut Street is a Four (4) Family with 3 bedrooms and one bath each on the second floor and (2) (2) bedroom units on the first floor. 97 Chestnut Street is a Four (4) Family with 3 bedrooms each and one bath on the second floor and (2) (2) bedroom units on the first floor. Each property has 4 parkings spaces for a total of (12) Spaces. The units are all below market rents, making this a great investment and value add. Or buy the property and permit a new development all together while using the cash flow to fund your project. Please do not walk the property or disturb the tenants, please review the listing documents regarding the flyer and the income/expense before reaching out.
Location
State MA
County Middlesex
Zoning Res
Direction Just North of the Intersection of Moody Street and High Street
Exterior
Community Features Public Transportation, Shopping, Park, Laundromat
Total Parking Spaces 12
Garage No
Building
Lot Description Corner Lot
Story 2
Foundation Concrete Perimeter
Sewer Public Sewer
Water Individual Meter
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Bought with Dan Gardner • Castles Unlimited® - Commercial
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