Classified Realty Group

52 W Emerson St, Melrose, MA 02176

Multi-Family

$639,500
Price
$600,000
Sale Price

2
Units
3,132
Approx. GLA
A unique property perfectly situated on nearly 12,000 SF of land right off Main Street, Melrose! This spacious two family is in a fabulous location and offers a flexible floor plan. High ceilings, wood flooring, and nice stairways reminiscent of days gone by. Victorian architecture can be seen throughout, including the box bay windows used in the late 1800's to bring in natural light. Current apartments could potentially each have 2 levels of living space. The second floor apartment currently has 1-2 bedrooms but has access to 3 unheated rooms in attic. There are also finished rooms in the basement. Plenty of off street parking with two driveways. Close to bus, commuter line, downtown and area shopping. Property will be delivered Vacant.
Highlights
Sale Price: $600,000
Settled Date: 5/11/2018 12:00:00 AM
Basement Features: Full, Partially Finished, Walk Out
List Price: $639,500
Type: Multi-Family
Multi-Family Type: 2 Family
Status: Sold
Beds: 6
Baths: 3
Half Baths: 1
Units: 2
Year Built: 1870
Year Round: Yes
Approx. GLA: 3,132
MLS#: 72286258
Interior
Basement: Yes
Electric Features: 200 Amps
Heating Units: 1
Flooring: Wood, Varies Per Unit
Fireplaces: 1
Hot Water: Leased Heater
Rooms: 12
Lead Paint: Unknown
Total Floors: 4
UFFI: Unknown
Exterior
Water: No
Acres: 0.27
Lot Size: 11,697.00
Lot Description: Paved Drive
Foundation: Fieldstone, Brick
Foundation Size: 001
Parking Spaces: 6
Parking Features: Off-Street, Paved Driveway
Road Type: Public, Paved, Publicly Maint., Sidewalk
Color: Red
Construction: Frame
Roof Material: Asphalt/Fiberglass Shingles
Utility: for Gas Range, for Electric Range, Varies per Unit
Exterior: Shingles
Water: City/Town Water
Water: City/Town Water
Taxes
Short Sale Lender Approval: No
Lender Owned: No
APOD Available: No
Assessed Price: $544,900
Taxes: $6,174
Tax Year: 2018
Book/Page: 28029/544
Warranty Available: No
Beach
Beach: No
Expenses
Expenses Source: Other (See Remarks)
Gross Income: $18,000
Total Rent: $1,500
Net Income: $18,000
 
 
Additional
Amenities: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Golf Course, Medical Facility, Laundromat, House of Worship, Private School, Public School
Disclosure Declaration: No
Disclosure: Leased HW tank. One Heat system. One Electric panel. Common area description refers to basement. Condition of fireplace is Unknown.
Units
Total Rooms Bedrooms Fireplaces Floors Full Baths Half Baths Lease Levels Rent
Unit 1 5 2 1 1 2 0 No 1 $1,500
Unit 2 7 4 0 2 1 0 No 2 $1,500
Units Extras
Unit 1
Rent Includes:  Heat, Electric, Water  Applicances:  Range, Disposal  Interior:  Bathroom With Tub & Shower, Hardwood Floors, Ceiling Fans  Rooms:  Living Room, Kitchen, Other (See Remarks) 
Unit 2
Rent Includes:  Heat, Electric, Water  Applicances:  Range, Dishwasher, Disposal  Interior:  Bathroom With Tub & Shower, Wood Flooring, Floored Attic, Walk-Up Attic  Rooms:  Living Room, Kitchen, Other (See Remarks) 
Common
Heating:  Electric Baseboard  Rooms:  Living Room, Office/Den 
Map
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The listing office is Brad Hutchinson Real Estate and the listing agent is Valerie Lane. The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and it's subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein. The data was last modified on 12/18/2018 2:44:00 PM.
 
Office
Office
Classified Realty Group