Looking for that great investment in Melrose. Well here is an affordable low maintenance two family home in a quiet neighborhood. Just a short walk and you are at the commuter rail or downtown Melrose with plenty of shopping and restaurants plus Pine Banks Park all very close by. Both units are three bedroom's each with happy tenants paying their own utilities. Each unit has a private storage shed, their own parking spaces, washer & dryer hook up's in unit. Some recent updates are a new roof, new Hardie siding & trim so very low maintenance and new electrical panels in each unit. Open house Saturday 3/8 12-1:30.
Sale Statistics
Sale Overview
Original List Price:$820,000
Final Sale Price:$860,000
Difference:
+$40,000 (+4.9%)
Performance Metrics
104.9%
List to Sale Ratio
Sold above asking price
19
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft:$412
Sale $/sq ft:$432
This property sold for $432 per square foot
Sale Summary
This property sold for 4.9% above the original asking price, indicating strong buyer demand.
With only 19 days on market, this was a quick sale compared to typical market conditions.
Facts & Features
Property Overview
Property Type
Multi Family
Property Category
Residential Income
Year Built
1968
Bedrooms
6
Full Bathrooms
2
Living Area
1,989 sq ft
Total Rooms
10
Stories
2
Levels
2
Interior Features
Flooring
Wood, Tile, Vinyl, Carpet
Heating
Electric
Has Heating
Yes
Has Fireplace
No
Appliances
Range, Refrigerator
Interior Features
Cathedral/Vaulted Ceilings, Living Room, Kitchen
Laundry Features
Electric Dryer Hookup
Window Features
Insulated Windows
Exterior & Structure
Construction Materials
Frame
Roof
Shingle
Foundation
Slab
Exterior Features
Rain Gutters
Patio/Porch Features
Patio
Has Spa
No
Waterfront Property
No
Lot & Land
Lot Size
0.14 acres
Lot Size
6,072 sq ft
Lot Size Area
0.1400
Road Frontage Type
Public
Parking & Garage
Has Garage
No
Total Non-Garage Parking Spaces
5
Parking Features
Paved Drive, Off Street, Paved
Utilities & Systems
Utilities Available
for Electric Range, for Electric Oven, for Electric Dryer