Overview Property Details Payment Calculator Walkability

Closed

17-19 Linwood Ave, Melrose MA 02176

$769,900

Estimated $1,911.56/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $384,950

Total Rent: 23400/year

Estimated CAP Rate: 2.01%

6 Bedrooms

2 Full Baths

2,349 SqFt

Total Parking: 4

5,243 SqFt

Listed as a 2 Family, actually two condos. 17 Linwood sold for $361,750(net), 19 Linwood sold for $443,250 (net) Beautiful Standard Two-Family in highly sought Melrose!!!! Easy walk to popular Downtown Melrose with its fabulous Restaurants, Oak Grove T-Station, Pine Ban...

This home has been viewed 18 times

Last Checked: May 7th, 2024 at 3:31am (Source: MLS PIN #73048149)

Gross Income: $23,400

Gross Expenses: $7,958

Net Income Calc: $15,442

CAP Rate: 2.01%

Annual Expenses for 17-19 Linwood Ave, Melrose MA 02176

Total Gross Expenses (Calculated)$7,958/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$7,958

Annual Income & Unit Breakdown for 17-19 Linwood Ave, Melrose MA 02176

Total Gross Income (Calculated)$23,400

Unit 1

Rental Income$1,950

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water)

Unit 2

Rental Income$0

LeaseN

Bedrooms4

Bathrooms1 Full

Floor2

Levels in Unit2

HeatingYes

Rent IncludesUnit 1(water), Unit 2(water)

General Information for 17-19 Linwood Ave, Melrose MA 02176

Listing ID73048149

Property TypeMulti Family / 2 Family

Price$769,900 ($327.76/SqFt)

Style2 Family - 2 Units Up/down

CityMelrose

CountyMiddlesex

MLS Area

Neighborhood(s)

Approximate Living Area Total2,349 SqFt

Approximate Lot Size (Acres)0.12 acres

Total Parking4

Garage Parking

Year Built1910

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction MaterialsFrame

Lot Features

Foundation Area

Foundation DescriptionBlock

Accessible Features

Outdoor Space

ZoningURB

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 17-19 Linwood Ave, Melrose MA 02176

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$23,400

Total Net Income By Broker$23,400

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2

Facilitator Compensation1

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 17-19 Linwood Ave, Melrose MA 02176

Real Estate Taxes$7,958

Tax Year2022

Assessed Value$752,900

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$23,400

BostonRealEstate.com Gross Income

Total Net Income By Broker$23,400

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)2.01%

Location Information for 17-19 Linwood Ave, Melrose MA 02176

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesConservation Area, House Of Worship, Shopping, Park, Medical Facility, Public Transportation, T-station, Tennis Court(s), Private School, Sidewalks

Contact Information for 17-19 Linwood Ave, Melrose MA 02176

Agent

Name: Bill Donohue

MLS ID: B0486954

Office ID: B32911

National Association ID: 448500289

Address: 12 Terrace Park

City: Reading

State: MA

Zip: 01867

Office

Name: Century 21 Tradition

MLS Office ID: AN7658

Phone: 781-665-2121

Payment Calculator

$5,407.05 per month

30 Years Fixed, 6.75% Interest

Property Taxes $663.17

Principal & Interest $4,743.88

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Century 21 Tradition

Bill Donohue

Agent Phone

Office Phone

(781) 665-2121

Text Agent Call Agent Call Office

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    [description] => Listed as a 2 Family, actually two condos. 17 Linwood sold for $361,750(net), 19 Linwood sold for $443,250 (net)      Beautiful Standard Two-Family in highly sought Melrose!!!! Easy walk to popular Downtown Melrose with its fabulous Restaurants, Oak Grove T-Station, Pine Banks Recreational Park and More!!! 5 room, 2 bedroom, 1 bath apartment on the first floor, 7 room, 4 bedroom, 1 bath apartment on the 2nd and 3rd floors. All separate utilities. Huge deck on first floor, private 2nd floor porch, off street parking for easy 4 cars, newer windows, man cave in walkout lower level. Hurry on this one !!!!
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[year_built] => 1910
    [year_built_details] => Approximate
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                    [url] => https://media.mlspin.com/photo.aspx?mls=73048149&w=1024&h=768&n=21
                    [index] => 21
                    [enabled] => 1
                    [created] => 2024-05-07 03:31:15
                    [modified] => 2024-05-07 03:31:15
                )

[21] => Array
                (
                    [id] => 7124238
                    [name] => MLS22.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73048149&w=1024&h=768&n=22
                    [index] => 22
                    [enabled] => 1
                    [created] => 2024-05-07 03:31:15
                    [modified] => 2024-05-07 03:31:15
                )

[22] => Array
                (
                    [id] => 7124239
                    [name] => MLS23.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73048149&w=1024&h=768&n=23
                    [index] => 23
                    [enabled] => 1
                    [created] => 2024-05-07 03:31:15
                    [modified] => 2024-05-07 03:31:15
                )

[23] => Array
                (
                    [id] => 7124240
                    [name] => MLS24.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73048149&w=1024&h=768&n=24
                    [index] => 24
                    [enabled] => 1
                    [created] => 2024-05-07 03:31:15
                    [modified] => 2024-05-07 03:31:15
                )

[24] => Array
                (
                    [id] => 7124241
                    [name] => MLS25.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73048149&w=1024&h=768&n=25
                    [index] => 25
                    [enabled] => 1
                    [created] => 2024-05-07 03:31:15
                    [modified] => 2024-05-07 03:31:15
                )

[25] => Array
                (
                    [id] => 7124242
                    [name] => MLS26.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73048149&w=1024&h=768&n=26
                    [index] => 26
                    [enabled] => 1
                    [created] => 2024-05-07 03:31:15
                    [modified] => 2024-05-07 03:31:15
                )

[26] => Array
                (
                    [id] => 7124243
                    [name] => MLS27.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73048149&w=1024&h=768&n=27
                    [index] => 27
                    [enabled] => 1
                    [created] => 2024-05-07 03:31:15
                    [modified] => 2024-05-07 03:31:15
                )

[27] => Array
                (
                    [id] => 7124244
                    [name] => MLS28.jpg
                    [type] => gallery
                    [category] => external
                    [url] => https://media.mlspin.com/photo.aspx?mls=73048149&w=1024&h=768&n=28
                    [index] => 28
                    [enabled] => 1
                    [created] => 2024-05-07 03:31:15
                    [modified] => 2024-05-07 03:31:15
                )

[28] => Array
                (
                    [id] => 7124245
                    [name] => MLS29.jpg
                    [type] => gallery
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                    [url] => https://media.mlspin.com/photo.aspx?mls=73048149&w=1024&h=768&n=29
                    [index] => 29
                    [enabled] => 1
                    [created] => 2024-05-07 03:31:15
                    [modified] => 2024-05-07 03:31:15
                )

[29] => Array
                (
                    [id] => 7124246
                    [name] => MLS30.jpg
                    [type] => gallery
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                    [url] => https://media.mlspin.com/photo.aspx?mls=73048149&w=1024&h=768&n=30
                    [index] => 30
                    [enabled] => 1
                    [created] => 2024-05-07 03:31:15
                    [modified] => 2024-05-07 03:31:15
                )

)

)

EXIT