A rare investment opportunity! This 3 family home is located in a convenient neighborhood. Easy access to different transportation options and close to all the amenities. This spacious 3 unit multifamily home offers 7 bedrooms and 3 bathrooms over 3741 sqft. While you can live in one unit and rent out the others. The rental income can help to cover your mortgage. The Basement is large and neat offers plenty of space. Coin-operated laundry is in the basement. Unit 1 (lease ended 7/31/24) tenants would love to stay. Unit 2 (lease ended 1/31/24) & Unit 3 (TAW) will be delivered vacant at closing. OH Sat (3/2) 3:30-5pm; Sun (3/3) 11:30-1pm. ****Only unit 1 and unit 3 will be shown at OH****
Sold for $1,050,000 on 03/25/24
$1,050,000
14-16 Emerson Pl, Melrose, MA 02176
7beds
3,741sqft
3 Family
Built in 1880
-- sqft lot
$-- Zestimate®
$281/sqft
$-- Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: March 25, 2024 at 05:28pm
Listed by:
Joey Cheung,
Thread Real Estate, LLC
Bought with:
Stephen Dixon
Cameron Real Estate Group
Source: MLS PIN,MLS#: 73191963
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Natural Gas, Oil
Appliances
- Laundry: Electric Dryer Hookup, Washer Hookup
Features
- Laundry Room, Living Room, Dining Room, Kitchen
- Flooring: Tile, Laminate, Hardwood
- Basement: Full,Unfinished
- Number of fireplaces: 2
Interior area
- Total structure area: 3,741
- Total interior livable area: 3,741 sqft
Property
Parking
- Total spaces: 5
- Parking features: Paved Drive
- Has uncovered spaces: Yes
Features
- Patio & porch: Porch
- Exterior features: Balcony
- Fencing: Fenced
Lot
- Size: 4,922 sqft
- Features: Level
Details
- Additional structures: Shed(s)
- Parcel number: M:0C8 P:0000025,654170
- Zoning: URB
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 3 Family
Materials
- Frame
- Foundation: Stone
- Roof: Shingle
Condition
- Year built: 1880
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Gas Range, for Gas Oven, for Electric Dryer, Washer Hookup
Community & neighborhood
Community
- Community features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, Private School, Public School, T-Station
Location
- Region: Melrose
HOA & financial
Other financial information
- Total actual rent: 5400