Sold

276-280 Lebanon St, Melrose, MA

Melrose · MA 02176

$850,000
Price
6
Beds
3
Baths
2369
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1923
Units: 2 Units
Lot size: 7,810 Sq.Ft Lot
Price per square foot: $380 / Sq.Ft
Parking: 2 Garage Spaces · 5 Off Street Spaces

About this home

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!

Neighborhood & Transit

276-280 Lebanon St, Melrose · MA 02176

Nearby transit

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

No subway or commuter rail stations within 0.5 mile.

Price Insight

Days on Market:
1342 days
Listing Price:
$899,999
Price per Sq.Ft:
$380
Tax Assessment:
$718,600 in 2023
Taxes:
$624 / Monthly

Home Facts

Interior Features

Bedrooms
6
Full Bathrooms
3
Half Bathrooms
0
Living Area
2,369 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
2369
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
7,810 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
2 Parking Spaces
Off Street Parking
5 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Wood
Roof
Unknown

Green Features

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

Listing information

Listing agent
Jacqui Webb
Listing office
Berkshire Hathaway HomeServices Warren Residential
MLS PIN #
73083750
Disclosure
Seller has not lived in property - seller related to agent. 2 Telephone poles on property in system to hold up street poles - maybe easement. Buyer/buyer's agent responsible for due diligence, the listing agent makes no warranty or representation regarding property.