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333 Main St, Melrose, MA 02176

$7,700,000
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Pending
BEDS40 BATHS23 full SQUARE FEET22,324 MLS#73380111
STATUSPending PROPERTY TYPEMulti Unit - Multiple

Property Description

333 Main St is a four-story brick building with 23 residential units consisting of (7) 1-Bed/1-Bath units, (15) 2-Bed/1-Bath units, and (1) 3-Bed/1-Bath unit. The units, which feature hardwood flooring, are separately metered for heat (electric), hot water (electric) and electricity, which are paid for directly by the tenants. The Landlord is responsible for common area electric and domestic water and sewer. 333 Main Street features ample off-street parking with 23 spaces. The Property also offers an on-site laundry facility, and each unit has a private walk-out patio or balcony. 333 Main Street offers the opportunity to acquire a well-maintained investment Property with upside in an exceptional, urban-infill location. The subject property is ideal for a potential buyer looking for income growth and strong investment returns. The Melrose submarket continues to accelerate thanks to continued commercial and infrastructure development in Melrose.

333 Main St | MLS# 73380111

This multi-family property located at 333 Main St, Melrose, MA 02176 is currently listed for sale with an asking price of $7,700,000. Search Melrose real estate on www.masiellogrouprealestate.com today.

Property Features

Property Type: Multi Unit - Multiple
Lot Size: 0.47 Acres
Roof Type: Rubber
Stories: 4.0
Taxes: $37,131
Year Built: 1961

Feature Descriptions

Building Area Total: 22324
Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Bike Path, Highway Access, Private School, Public School, T-Station
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Days on Site: 327
Dwelling Type: 5+ Family - 5+ Units Up/Down
Electric: Individually Metered
Lot Features: Corner Lot
Parcel Number: 653815
Parking Features: Off Street
Parking Total: 23
Rent Includes: Unit 1(Water), Unit 2(Water)
Rooms Total: 86
Sewer: Public Sewer
Units: 23
Water: Public

Listed By / Shown By

Listed By

Agency Name: Horvath & Tremblay
Agency Phone: 781-776-4000
Agent Name: Kelleher - Pentore Team

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Estimated Payment

$ 22,476.95 per month $17,136.86 Principal & Interest $3,094.25 Property Tax $2,245.83 Homeowner's Insurance

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