$500,000
$514,900
2.9%For more information regarding the value of a property, please contact us for a free consultation.
5 Beds
3 Baths
1,920 SqFt
SOLD DATE : 10/28/2024
Key Details
Sold Price $500,000
Property Type Multi-Family
Sub Type 3 Family - 3 Units Up/Down
Listing Status Sold
Purchase Type For Sale
Square Footage 1,920 sqft
Price per Sqft $260
MLS Listing ID 73268108
Sold Date 10/28/24
Bedrooms 5
Full Baths 3
Year Built 1920
Annual Tax Amount $4,548
Tax Year 2024
Lot Size 6,098 Sqft
Acres 0.14
Property Description
**All offers due Sunday 8/4 by 4pm** Unique investment opportunity! Recently renovated three family property with stand alone 5,194sqft garage perfect for commercial use. Property has new high efficiency tankless gas heating systems, pressure treated decks and front porch, new LED lighting and replacement windows throughout. The building is fully occupied with separate utilities which brings in a yearly rent of $48,600. Two of the three units are TAW and if needed, a 1bd unit can be vacant for an owner occupier. Ample off-street parking on the top level of the garage. The garage is 2 levels with high ceilings, new exterior door and large oversize garage door ideal for large trucks or boats for storage as well as room for a mechanics garage. Avg rent per sqft is around $1sqft so add on to your cash flow with the possibilities this garage provides. Buyers and buyers agents to do own due diligence on what will be accepted for use.
Location
State MA
County Worcester
Zoning RC
Direction Use GPS
Rooms
Basement Full, Unfinished
Interior
Interior Features Living Room, Kitchen
Heating Natural Gas, Electric
Appliance Range, Refrigerator
Exterior
Garage Spaces 4.0
Roof Type Shingle
Total Parking Spaces 3
Garage Yes
Building
Lot Description Corner Lot
Story 2
Foundation Stone
Sewer Public Sewer
Water Public
Others
Senior Community false
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Bought with Miguel Fernandez • KW Pinnacle Central
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