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276-280 Lebanon St$850,000Sold

$850,000
Sold
NEXT
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!

6
beds

3
baths

2,369 Sq.Ft. LIVING AREA

7,810 Sq.Ft. lot

Features & Amenities

Interior

  • total bedrooms6
  • Total bathrooms3
  • full bathrooms3
  • APPLIANCES Unit 1(Range,Dishwasher,Refrigerator,Washer,Dryer), Unit 2(Range,Dishwasher,Refrigerator,Washer,Dryer)
  • other interior Features Unit 1 Rooms(Living Room, Dining Room, Kitchen), Unit 2 Rooms(Living Room, Dining Room, Kitchen)

Area & Lot

  • Status Sold
  • Living Area2,369 Sq.Ft.
  • Lot Area7,810 Sq.Ft.
  • MLS® ID73083750
  • TypeMulti-Family
  • YEAR BUILT1923

Exterior

  • STORIES3
  • Garage Space2.0
  • water SourcePublic
  • parkingPaved Drive, Off Street
  • HEAT TYPEUnit 1(Gas), Unit 2(Gas)
  • sewerPublic Sewer
  • SubstructureBlock

Financial

  • Sales Price$850,000
  • Real Estate Tax $7,488/yr
  • Zoning URB

Work With Casey

Buying or selling a home can be intimating but Casey works diligently to educate her clients with the knowledge they need to be confident moving forward with their decision.