25 Melrose Street

Bay Village, Boston, MA 02116

$2,250,000
3
beds
4
Baths
Multi Family Townhouse

AGENTS

Douglas Elliman
Douglas Elliman

Property Description

Impressive 4-family opportunity uniquely positioned between Boston Common, South End and The Copley Plaza in Historic Bay Village. The fully occupied brick row house features three 1-bedroom and one studio apartments with opportunity for rent increases and additional development. The first and lower level units have been newly renovated with modern kitchen and baths, featuring stainless steel appliances, recessed lighting, mini split systems, and in-unit laundry. The second and third floor 1-bedroom units are well maintained with spacious bedrooms and living spaces, hardwood floors, natural light, a wood deck and detailed finishes. 25 Melrose boasts an impressive leasing history; tenants enjoy easy access to Tufts, Back Bay and Arlington MBTA stops, I-90 and I-93. All units are leased through August 31st, 2023. Heat and hot water are included in rent, electricity is separately metered. This is an incredible investment opportunity in the Boston market.
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PROPERTY DETAILS

  • Interior
    2,500 Sq Ft.
  • Exterior
    .02 Acres
  • Property Type
    Multi Family Townhouse
  • MONTHLY REAL ESTATE TAX
    $992
  • ANNUAL REAL ESTATE TAX
    $11,906
  • Year Built
    1900
  • MLS/Listing ID
    73040987

Amenities

  • Patio
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BUILDING/PROPERTY DETAILS

  • Air Conditioning
  • Brick
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Listing Courtesy of Senné, - 617-314-9400