Rare three family home in Newton, is now new to the market! Excellent opportunity for an investor to purchase this turn-key multi family property, in the highly desirable Auburndale Village. Rent value between $2500 to $2800 during a spring/fall rental market. Do absolutely nothing to these units: new kitchens, updated bathrooms, central air conditioning, 6+ offstreet parking spots, private laundry facilities, utilities are separately metered, combination of wood/carpet/tile flooring, outdoor space & much more! Cant beat this location, highlights include purple line commuter rail, nearby Universities, express bus(s), shopping, major highway access, which are all features that would attract potential tenant(s). This opportunity does not often occur in this Newton neighborhood, do not miss out!
Off market
$1,669,200
284 Melrose St, Newton, MA 02466
7beds
3,021sqft
MultiFamily
Built in 1910
-- sqft lot
$1,669,200 Zestimate®
$553/sqft
$4,136 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Heating
- Forced air, Gas
Cooling
- Other
Appliances
- Included: Dishwasher, Garbage disposal, Microwave, Range / Oven, Refrigerator
Features
- Basement: Partially finished
Interior area
- Total interior livable area: 3,021 sqft
Property
Features
- Exterior features: Other
Lot
- Size: 4,791 sqft
Details
- Parcel number: NEWTS41B015L0005
Construction
Type & style
- Home type: MultiFamily
Materials
- concrete
- Roof: Asphalt
Condition
- Year built: 1910
Community & neighborhood
Location
- Region: Newton
Other
Other facts
- Cats Allowed
- Parking
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Estimated market value
$1,669,200