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    57-59 Greenwood St

    Melrose, MA 02176
    • $1,100,000
    • STATUS: Under Agreement
    • MLS #: 72818038
    Pending
    UPDATED: 81 min ago
    $1,100,000
    • 8
      BEDS
    • 0.14
      ACRES
    • 4
      BATHS
    • 0
      1/2 BATHS
    • 3,600
      SQFT
    • $306
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1910
    County:

    School Information

    Elementary School:
    Tbd
    Middle School:
    High School:
    Listing courtesy of Chad Erenhouse of Brad Hutchinson Real Estate.

    Description

    Great investment opportunity to expand your portfolio. Highly sought after - extremely rare to market - 4 UNIT - MULTIFAMILY located steps away from Melrose Highlands commuter rail station. By the numbers this is the one you have been waiting for: 8BRs, 4BAs, potential for a 6-figure rent roll or condo-conversion. First floor offers two 1BR 1BA apartments. Second and third floor offer two 3BR 1BA apartments. Each apartment has in-unit laundry hookup and a fully applianced kitchen. Gas and electric are separately metered. Water is common (two meters). Basement is clear, dry and provides access to large lockable storage stalls (one for each unit). Also in basement are four gas-fueled forced air systems (one for each unit) and four gas-fueled hot water tanks (one for each unit). Exterior siding installed in 2006. Many interior cosmetic upgrades done 2019. 2020 capital improvements include brand new paved parking lot and main drain plumbing converted from cast-iron to PVC. See MLS docs.

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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 2021-05-15T12:08:30.01.
    www.westcottproperties.com/homes/116323126
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    57-59 Greenwood St Melrose, MA 02176

    • Price: $1,100,000
    • Status: Under Agreement
    • Updated: 81 min ago
    • MLS #: 72818038
    8
    Beds
    4
    Baths
    0
    ½ Baths
    0.14
    Acres
    3,600
    SQFT
    $306
    $/SQFT
    1910
    Built
    Neighborhood:
    Melrose Highlands
    County:
    Middlesex
    Area:
    Melrose Highlands
    Elementary School:
    Tbd
    Middle School:
    Melrose Middle
    High School:
    Melrose High
    Property Description
    Great investment opportunity to expand your portfolio. Highly sought after - extremely rare to market - 4 UNIT - MULTIFAMILY located steps away from Melrose Highlands commuter rail station. By the numbers this is the one you have been waiting for: 8BRs, 4BAs, potential for a 6-figure rent roll or condo-conversion. First floor offers two 1BR 1BA apartments. Second and third floor offer two 3BR 1BA apartments. Each apartment has in-unit laundry hookup and a fully applianced kitchen. Gas and electric are separately metered. Water is common (two meters). Basement is clear, dry and provides access to large lockable storage stalls (one for each unit). Also in basement are four gas-fueled forced air systems (one for each unit) and four gas-fueled hot water tanks (one for each unit). Exterior siding installed in 2006. Many interior cosmetic upgrades done 2019. 2020 capital improvements include brand new paved parking lot and main drain plumbing converted from cast-iron to PVC. See MLS docs.
    Exterior Features

    Beachfront No Color Beige Construction Frame Exterior Features PorchBalconyGutters Foundation Concrete BlockFieldstone Lot Description Paved Drive Parking Features Off-StreetAssignedPaved Driveway Parking Spaces 6 Road Type PublicPavedPublicly Maint.Sidewalk Roof Material Asphalt/Fiberglass Shingles Waterfront Flag No

    Interior Features

    Appliances Unit1 RangeDishwasherRefrigeratorFreezerWasherDryer Appliances Unit2 RangeDishwasherRefrigeratorFreezerWasherDryer Appliances Unit3 RangeRefrigeratorFreezerWasher & Dryer Hookup Appliances Unit4 RangeDishwasherRefrigeratorFreezerWasher & Dryer Hookup Basement Yes Basement Features FullWalk OutInterior AccessConcrete FloorExterior Access Bedrooms Unit1 1 Bedrooms Unit2 1 Bedrooms Unit3 3 Bedrooms Unit4 3 Cooling Unit1 None Cooling Unit2 None Cooling Unit3 None Cooling Unit4 None Energy Features Insulated WindowsStorm WindowsStorm Doors Fireplaces 0 Fireplaces Unit1 0 Fireplaces Unit2 0 Fireplaces Unit3 0 Fireplaces Unit4 0 Floors Unit1 1 Floors Unit2 1 Floors Unit3 2 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 4 Heating Unit1 Forced AirGas Heating Unit2 Forced AirGas Heating Unit3 Forced AirGas Heating Unit4 Forced AirGas Hot Water Natural GasTank Interior Features Unit1 Cable Tv AvailableStorageBalcony/DeckHigh Speed Internet HookupBathroom With Tub & Shower Interior Features Unit2 Cable Tv AvailableStorageBalcony/DeckHigh Speed Internet HookupBathroom With Tub & Shower Interior Features Unit3 Cable Tv AvailablePantryStorageBalcony/DeckHigh Speed Internet HookupBathroom With Tub & Shower Interior Features Unit4 Cable Tv AvailableStorageBalcony/DeckHigh Speed Internet HookupBathroom With Tub & Shower Levels 3 Levels Unit1 1 Levels Unit2 1 Levels Unit3 2 Levels Unit4 2 Rooms 18 Rooms Description Unit1 Living RoomKitchen Rooms Description Unit2 Living RoomKitchen Rooms Description Unit3 Living RoomDining RoomKitchen Rooms Description Unit4 Living RoomDining RoomKitchenLaundry Rooms Unit1 3 Rooms Unit2 3 Rooms Unit3 6 Rooms Unit4 6

    Property Features

    Amenities Public TransportationShoppingSwimming PoolTennis CourtParkWalk/Jog TrailsGolf CourseMedical FacilityLaundromatBike PathConservation AreaHouse Of WorshipPrivate SchoolPublic SchoolT-Station Apod Available Yes Assessments 675800.00 Contingency Type Pending P&S Disclosure No Disclosures Rear Of Property Touches Flood Zone. Beyond is An Area Of Swamp. Owner Does Not Pay Flood insurance And Has Not Experienced Water issues. Electric Features Circuit BreakersIndividually Metered400 Amps Exclusions No Exclusions. Expenses Source Owner Provided Expenses Year End 12/20 Gross Operating Income 96120 Lead Paint Unknown Lease Unit1 N Lease Unit2 N Lease Unit3 N Lease Unit4 N Lender Owned No Multifamily Type 4 Family Net Operating Income 77031 Rent Description Unit1 Water Rent Description Unit2 Water Rent Description Unit3 Water Rent Description Unit4 Water Rent Unit1 1600 Rent Unit2 1610 Rent Unit3 2300 Rent Unit4 2500 Sewage District Mwra Sewer City/Town Sewer Short Sale Lender App Required No Sq Ft Source Public Record Tax Year 2021 Taxes 7400.00 Utility Connections For Electric RangeFor Electric OvenFor Electric DryerWasher Hookup Water City/Town Water Year Built Description Actual Year Built Source Public Record Zoning Ura

    Listing information © 2021 MLS Property Information Network. All information is deemed reliable but should be independently verified.
    Listing provided courtesy of Chad Erenhouse 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 2021-05-15T12:08:30.01.
     
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    Westcott Properties
    178 Broadway
    Providence RI, 02903
    Listing courtesy of Chad Erenhouse of Brad Hutchinson Real Estate.