4 Chestnut Park, Melrose MA 02176
About this home
Incredible fully occupied 3-Family investment opportunity in Wyoming Heights section of Melrose. This Queen-Anne Victorian showcases 1st & 3rd floor 2bedroom units and a 2nd floor 3bedroom unit. High ceilings, hardwood flooring, and a time capsule featuring beautiful interior wood work. Separate utilities, including gas heating for all units and Central AC on the 3rd floor unit. All 3 apartments include in-unit laundry. Full basement for tenant storage. Location, Location, Location! Close to bus, train and commuter rail. Less than 1/2 mile to downtown Melrose ammenities. Two off-street driveways to corral 2 parking spaces per unit. Floor plans attached. Add to your investment portfolio, 1031 Exchange or consider potential condo conversion. ***Due to full occupancy, please refer to Open House times for all showings - 11am-1230pm Saturday/Sunday.***
Sale Statistics
This property sold for 12.4% above the original asking price, indicating strong buyer demand.
With only 7 days on market, this was a quick sale compared to typical market conditions.
Facts & Features
Property Overview
Interior Features
Exterior & Structure
Lot & Land
Parking & Garage
Utilities & Systems
Community & HOA
Financial & Tax Information
Additional Details
Location
Neighborhood
4 Chestnut Park, Melrose MA 02176
Melrose, MA 02176
Walkability
Schools
School information not available
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Payment Breakdown
Property History
Market Insights
Property Timeline
Sold
Apr 2, 2024Listed for Sale
Feb 13, 2024| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 04/02/2024 | ✓ Sold | $1,405,000 | - | - | Property sold |
| 02/13/2024 | 🏠 Listed for Sale | $1,250,000 | - | - | Original listing |