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608 Franklin St Melrose, MA 02176
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Key Details
Sold Price $1,605,000
Property Type Multi-Family
Sub Type 5+ Family - 5+ Units Up/Down
Listing Status Sold
Purchase Type For Sale
Square Footage 5,339 sqft
Price per Sqft $300
MLS Listing ID 73191490
Sold Date 04/12/24
Bedrooms 8
Full Baths 6
Year Built 1895
Annual Tax Amount $12,359
Tax Year 2023
Lot Size 0.270 Acres
Acres 0.27
Property Description
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!
Location
State MA
County Middlesex
Zoning URA
Direction Off Belmont Street
Rooms
Basement Full, Walk-Out Access
Interior
Heating Hot Water
Flooring Tile, Hardwood
Fireplaces Number 3
Basement Type Full,Walk-Out Access
Exterior
Community Features Public Transportation, Shopping, Medical Facility, Laundromat, T-Station
Utilities Available for Gas Range
Roof Type Shingle
Total Parking Spaces 10
Garage No
Building
Story 9
Foundation Granite
Sewer Public Sewer
Water Public, Individual Meter
Others
Senior Community false
Read Less
Bought with Pamela Bardhi • eXp Realty