***Sowings has been deferred. Instructions will be posted here by 5/9. *** 3 Unit MIXED USE property located in MELROSE!!! Your chance to be an owner of a 2 residential units and an amazing store front at an excellent location! Units 2 and 3 are being redone and transformed into an apartment and has new GAS heating systems. Unit 1 has had many updates and it's ready for your or someone else's business. and has Central air. 6+ parking spots on a private park. With all separate utilities, many updates, great location to live, rent or do business and ready for you, this beauty is a MUST SEE!
This home has been viewed 33 times
Last Checked: May 7th, 2024 at 4:11am (Source: MLS PIN #73103291)
Gross Income: $117,600
Gross Expenses: $7,957
Net Income Calc: $109,643
CAP Rate: 8.12%
Annual Expenses for 35 Green St, Melrose MA 02176
Total Gross Expenses (Calculated)$7,957/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$7,957.75
Annual Income & Unit Breakdown for 35 Green St, Melrose MA 02176
Total Gross Income (Calculated)$117,600
Unit 1
Rental Income$4,000
LeaseN
Bedrooms0
Bathrooms2 Half
Floor1
Levels in Unit2
HeatingYes
Rent Includes
Unit 2
Rental Income$2,800
LeaseN
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
HeatingYes
Rent Includes
Unit 3
Rental Income$3,000
LeaseN
Bedrooms3
Bathrooms1 Full
Floor3
Levels in Unit2
HeatingYes
Rent Includes
General Information for 35 Green St, Melrose MA 02176
Listing ID73103291
Property TypeMulti Family
Price$1,349,989 ($613.07/SqFt)
StyleMulti Family
CityMelrose
CountyMiddlesex
MLS Area
Neighborhood(s)
Approximate Living Area Total2,202 SqFt
Approximate Lot Size (Acres)0.21 acres
Total Parking6
Garage Parking
Year Built1909
Year Built SourcePublic Records
Year Renovated
Year Built DetailsUnknown/Mixed
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction Materials
Lot Features
Foundation Area
Foundation DescriptionStone
Accessible Features
Outdoor Space
ZoningBD
Zoning Details
Water ViewsNo
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 35 Green St, 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$81,600
Total Net Income By Broker$81,600
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2
Facilitator Compensation2
Sub-Agent Compensation
Compensation Based OnNet Sale Price
Financial Information for 35 Green St, Melrose MA 02176
Real Estate Taxes$7,957.75
Tax Year2023
Assessed Value$763,700
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$81,600
BostonRealEstate.com Gross Income
Total Net Income By Broker$81,600
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)8.12%
Location Information for 35 Green St, Melrose MA 02176
Elementary School
Middle School
High School
Neighborhood(s)
MLS Area
Area AmenitiesWalk/jog Trails, Highway Access, House Of Worship, Public School, Shopping, Park, Medical Facility, Laundromat, Public Transportation
Contact Information for 35 Green St, Melrose MA 02176