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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 apartment 6 has been rented for $1450 on a years lease to begin January 1, 2021. All tenants are on leases and all in good standing. 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.

MLS Listing ID: 72756089
Listing Price: $1,375,000
Listing Status: Active [?]
Property Type: Multi Family
Bedrooms: 7
Full Baths: 6
Living Space: 3647 sf.
Lot Size: 0.22 acres (9794 sf.)
Parking: Yes
Taxes: $8,093.02
Tax Year: 2020

Listing Current as of January 26, 2021 3:18pm

This listing brought to you by Paul Coogan of Brad Hutchinson Real Estate.

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