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276-280 Lebanon St Melrose, MA 02176
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Key Details
Sold Price $850,000
Property Type Multi-Family
Sub Type 2 Family - 2 Units Up/Down
Listing Status Sold
Purchase Type For Sale
Square Footage 2,369 sqft
Price per Sqft $358
MLS Listing ID 73083750
Sold Date 05/26/23
Bedrooms 6
Full Baths 3
Year Built 1923
Annual Tax Amount $7,488
Tax Year 2023
Lot Size 7,840 Sqft
Acres 0.18
Property Description
Exceptional investment opportunity in an ever popular Melrose Location! Walking distance to Pine Banks, train stations and bustling downtown Melrose. Interiors were renovated in 2018: unit 1 features 2 bedrooms, 1 full bathroom and new kitchen with laundry in unit - unit 2 expanding floors 2 and 3, features 4 bedrooms, 2 full bathrooms and new kitchen with laundry in unit. Nice size lot with plenty of off street parking and two garage spots complete this incredible investment property. Less than a mile to Commuter rail - Wyoming Hill and Oak Grove Train station! Separate utilities for each unit. Fully rented this property will collect nearly $70,000 in annual rent or owner occupant can live in one unit and rent another. Two bedroom unit was rented for $2300 and Four bedroom unit was rented for $3500 - Property is vacant and easy to show!
Location
State MA
County Middlesex
Zoning URB
Direction Sylvan St to Lebanon St - Walking distance to Pine Banks, downtown Melrose and Oak Grove T Stop!
Rooms
Basement Unfinished
Interior
Interior Features Unit 1 Rooms(Living Room, Dining Room, Kitchen), Unit 2 Rooms(Living Room, Dining Room, Kitchen)
Heating Unit 1(Gas), Unit 2(Gas)
Appliance Unit 1(Range, Dishwasher, Refrigerator, Washer, Dryer), Unit 2(Range, Dishwasher, Refrigerator, Washer, Dryer)
Exterior
Garage Spaces 2.0
Community Features Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Highway Access, Public School, T-Station
Waterfront false
Parking Type Paved Drive, Off Street
Total Parking Spaces 5
Garage Yes
Building
Story 3
Foundation Block
Sewer Public Sewer
Water Public
Others
Senior Community false
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Bought with Varujan Abalian • 1 Plus 1 Realty LLC.
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