333 Main St is a four-story brick building with 23 residential units consisting of (7) 1-Bed/1-Bath units, (15) 2-Bed/1-Bath units, and (1) 3-Bed/1-Bath unit. The units, which feature hardwood flooring, are separately metered for heat (electric), hot water (electric) and electricity, which are paid for directly by the tenants. The Landlord is responsible for common area electric and domestic water and sewer. 333 Main Street features ample off-street parking with 23 spaces. The Property also offers an on-site laundry facility, and each unit has a private walk-out patio or balcony. 333 Main Street offers the opportunity to acquire a well-maintained investment Property with upside in an exceptional, urban-infill location. The subject property is ideal for a potential buyer looking for income growth and strong investment returns. The Melrose submarket continues to accelerate thanks to continued commercial and infrastructure development in Melrose.
22,324 Sq Ft
0.47 Private Acres Exterior Space
Investment
$37,131 Annual Tax
Built in 1961
MLS/Listing ID 73380111
4 Stories
23 Units
Community - Bike Path
Community - Medical Facility
Community - Walk/Jog Trails
Community - Park
Community - Shopping
Community - Public Transportation
Community - Highway Access
Community - Private School
Community - Public School
Community - T-Station
Lot - Corner Lot
Parking - Off Street
Rubber
Listing Courtesy of HORVATH & TREMBLAY, KELLEHER - PENTORE TEAM - 781-776-4004
Source of Data: MLS PROPERTY INFORMATION NETWORK