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    104 West Emerson Street

    Melrose, MA 02176
    • $1,375,000
    • STATUS: Active
    • MLS #: 72756089
    UPDATED: 23 min ago
    $1,375,000
    • 7
      BEDS
    • 0.22
      ACRES
    • 6
      BATHS
    • 0
      1/2 BATHS
    • 3,647
      SQFT
    • $377
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1875
    County:
    Area:

    School Ratings & Info

    Listing courtesy of Paul Coogan of Brad Hutchinson Real Estate.

    Description

    Rare opportunity in Melrose to own a six unit investment property. Each apartment has their own electric meter and owner has installed 5 splits so that each apartment pays for their own heat and 5 of them pay for their own central air conditioning. Third floor apartment has baseboard electric heat. Apartments 2, 3 and 5 have updated kitchens and baths. Apartments 4 and 6 are currently vacant but are up for rent. All tenants are on leases. All appliances in place stay with the house including coin-op washer/dryer in basement. Six car parking in rear with the possibility of additional parking on the right side of the house. Unit 6 is on third floor and consists of 4 rooms, 2 bedrooms, one bath now vacant but should rent for 1450.00.

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    The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2020-11-26T15:06:13.303.
    www.zackharwoodrealestate.com/homes/111792316
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    104 West Emerson Street Melrose, MA 02176

    • Price: $1,375,000
    • Status: Active
    • Updated: 23 min ago
    • MLS #: 72756089
    7
    Beds
    6
    Baths
    0
    ½ Baths
    0.22
    Acres
    3,647
    SQFT
    $377
    $/SQFT
    1875
    Built
    Neighborhood:
    Other
    County:
    Middlesex
    Area:
    Other
    Property Description
    Rare opportunity in Melrose to own a six unit investment property. Each apartment has their own electric meter and owner has installed 5 splits so that each apartment pays for their own heat and 5 of them pay for their own central air conditioning. Third floor apartment has baseboard electric heat. Apartments 2, 3 and 5 have updated kitchens and baths. Apartments 4 and 6 are currently vacant but are up for rent. All tenants are on leases. All appliances in place stay with the house including coin-op washer/dryer in basement. Six car parking in rear with the possibility of additional parking on the right side of the house. Unit 6 is on third floor and consists of 4 rooms, 2 bedrooms, one bath now vacant but should rent for 1450.00.
    Exterior Features

    Beachfront No Construction Frame Exterior Shingles Foundation Fieldstone Lot Description Paved DriveShared DriveLevel Parking Features Off-Street Parking Spaces 6 Road Type Public Roof Material Asphalt/Fiberglass Shingles Waterfront Flag No

    Interior Features

    Basement Yes Basement Features Full Bedrooms Unit1 1 Bedrooms Unit2 1 Bedrooms Unit3 1 Bedrooms Unit4 1 Cooling Units 5 Fireplaces 0 Fireplaces Unit1 0 Fireplaces Unit2 0 Fireplaces Unit3 0 Fireplaces Unit4 0 Floors Unit1 1 Floors Unit2 1 Floors Unit3 1 Floors Unit4 2 Full Baths Unit1 1 Full Baths Unit2 1 Full Baths Unit3 1 Full Baths Unit4 1 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Half Baths Unit4 0 Heat Units 6 Hot Water Natural Gas Levels 3 Levels Unit1 1 Levels Unit2 1 Levels Unit3 1 Levels Unit4 1 Rooms 13 Rooms Common Laundry Rooms Unit1 3 Rooms Unit2 1 Rooms Unit3 3 Rooms Unit4 4

    Property Features

    Adult Community No Apod Available Yes Assessments 732400.00 Disclosure No Disclosures Apartments 4 And 6 Are Vacant But Should Rent For 1675.00 And 1450.00 Gross Operating Income 87428 Lead Paint Unknown Lease Unit1 Y Lease Unit2 Y Lease Unit3 Y Lease Unit4 N Lender Owned No Multifamily Type 5-9 Family Net Operating Income 77972 Rent Unit1 1550 Rent Unit2 1150 Rent Unit3 1600 Rent Unit4 1675 Sewer City/Town Sewer Short Sale Lender App Required No Sq Ft Source Public Record Tax Year 2020 Taxes 8093.02 UFFI No Water City/Town Water Year Built Description Approximate Year Built Source Public Record Year Round Yes Zoning Res

    Listing information © 2020 MLS Property Information Network. All information is deemed reliable but should be independently verified.
    Listing provided courtesy of Paul Coogan of Brad Hutchinson Real Estate.


    The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2020-11-26T15:06:13.303.
     
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    Zack Harwood Real Estate | Berkshire Hathaway HomeServices Warren Residential
    535 Boylston Street 8th Floor
    Boston MA, 02116
    Listing courtesy of Paul Coogan of Brad Hutchinson Real Estate.