This Architecturally stunning MULTIFAMILY is in a fantastic Melrose location...near EVERYTHING! With 6 rental units & 6 garage bays, the possibilities are endless. In the same family for decades, it's time for the next savvy investor to take note of this unique offering. Continue renting as it is, make some updates & UP the rents, or even transform this amazing "mansion" into condominium units. There is nothing more appealing than the vibe of old world charm combined with modern updates & amenities. Throughout this property, you will find some original character such as beautiful crown moldings, floor to ceiling windows, "bump-outs" & bay windows, cathedral pediments, HW floors & even a marble fireplace. Equipped with 6 updated heating systems, 6 updated hot water tanks, all separate Circuit Breaker electrical panels, & a coin-op laundry. Grand & gracious, this property awaits its new care-taker with a dream of long-term stability. A property like this doesn't often come around.
6,068 Sq Ft
0.32 Private Acres Exterior Space
Investment
$12,124 Annual Tax
Built in 1900
MLS/Listing ID 73376264
4 Stories
7 Units
Hardwood
Tile
Vinyl
Construction - Frame
Community - Public Transportation
Community - Shopping
Stone
Brick Mortar
Shingle
Parking - Stone/Gravel
Community - Highway Access
Parking - Off Street
Lot - Level
Gas Dryer Hookup
Washer Hookup
Listing Courtesy of COLONIAL MANOR REALTY, RICK NAZZARO - 781-290-7425
Source of Data: MLS PROPERTY INFORMATION NETWORK