Sold

25 Melrose St, Boston, MA

Boston · MA 02116

$2,000,000
Price
3
Beds
4
Baths
2500
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1900
Units: 4 Units
Lot size: 901 Sq.Ft Lot
Price per square foot: $850 / Sq.Ft
Parking: No Parking

About this home

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.

Neighborhood & Transit

Bay Village

25 Melrose St, Boston · MA 02116

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

  • Tufts Medical Center Orange 0.14 mi
  • Arlington Green 0.23 mi
  • Back Bay Orange Commuter Rail 5 routes 0.27 mi
    • Foxboro Event Service
    • Framingham/Worcester Line
    • Franklin/Foxboro Line
    • Needham Line
    • Providence/Stoughton Line
  • Boylston Green 0.29 mi
  • Chinatown Orange 0.34 mi
  • Copley Green 0.49 mi
  • Park Street GreenRed 0.50 mi

Price Insight

Days on Market:
1500 days
Listing Price:
$2,125,000
Price per Sq.Ft:
$850
Tax Assessment:
$1,094,300 in 2022
Taxes:
$992 / Monthly

Home Facts

Interior Features

Bedrooms
3
Full Bathrooms
4
Half Bathrooms
0
Living Area
2,500 Sq.Ft (Includes Basement)
Broker Disclosure about Living Area
Per City Assessor for GFA. Not Measured.
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
1900
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Unknown

Exterior Features

Lot Size
901 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
None

Construction Details

Construction Type
Unknown
Siding
Brick
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
William Senne
Listing office
Senne
MLS PIN #
73040987
Disclosure
Per City Assessor for GFA. Not Measured.