Sold
608 Franklin St, Melrose, MA
Melrose · MA 02176
- $1,605,000
- Price
- 8
- Beds
- 6
- Baths
- 5339
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1895
Units:
5 Units
Lot size:
0.27 Acre Lot
Price per square foot:
$300 / Sq.Ft
Parking:
10 Off Street Spaces
About this home
ATTENTION INVESTORS: Prime opportunity in transit-oriented, downtown Melrose - named one of the hottest zip codes in America! Rarely found in the heart of Melrose, this fully rented, updated and turnkey 5-unit multifamily property with 10 parking spots is a masterpiece of architecture and financial opportunity. Each unit boasts exquisite woodwork, infusing classic charm with contemporary living. Nestled steps next to the Melrose Highlands train station with easy commute to Boston, surrounded by shops, restaurants, Wholefoods, and minutes to beautiful Ell Pond, this property caters to the demands of modern life, making it a hotspot for tenants seeking accessibility and a stress-free commute. With fully occupied, turnkey rentals, enjoy a hassle-free income stream and let your investment work for you. Don't miss out on this golden opportunity to acquire a fully rented, turnkey multifamily property with value-add upside in one of Massachusetts' most sought-after locations!
Neighborhood & Transit
608 Franklin St, Melrose · MA 02176
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
-
Melrose Highlands Commuter Rail 1 route 0.13 mi
- Haverhill Line
Price Insight
- Days on Market:
- 1031 days
- Listing Price:
- $1,599,990
- Price per Sq.Ft:
- $300
- Tax Assessment:
- $1,186,100 in 2023
- Taxes:
- $1,030 / Monthly
Home Facts
Interior Features
- Bedrooms
- 8
- Full Bathrooms
- 6
- Half Bathrooms
- 0
- Living Area
- 5,339 Sq.Ft
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 5339
- Flooring
- Unknown
- Lead paint
- Unknown
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- Individually Metered
Exterior Features
- Lot Size
- 11,631 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- 10 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
- Pamela Bardhi
- Listing office
- eXp Realty LLC - Corporate Office
- MLS PIN #
- 73191490