Welcome to 40 Cleveland Street! On a quiet tree-lined one way street in Melrose just blocks from the train to Boston and Main Street, this newly renovated Condo Quality 2 Family, has all of the modern amenities one could hope for in a brand new home or investment. The kitchens are showstoppers w/ quartz countertops & marble backsplash w/ professional grade SS appliances. The open concept is wonderful for entertaining and cooking for family & friends while still being a part of the action. Tons of natural light floods the oak hardwood floors from the bay windows into the living/dining areas and a pocket doors hide convenient 1/2 baths. generous sized bedrooms with en-suite bathrooms and high end finishes throughout. The entire building was gut renovated, new systems, electrical, plumbing, framing, siding, roofing, everything! Each unit has in unit laundry hookups. Individually metered. Private Decks. Off street parking and a shared yard with a giant pear tree!
This home has been viewed 25 times
Last Checked: May 7th, 2024 at 6:56am (Source: MLS PIN #73101002)
Gross Income: $0
Gross Expenses: $7,117
Net Income Calc: $7,117
CAP Rate: -0.46%
Annual Expenses for 40 Cleveland Street, Melrose MA 02176
Total Gross Expenses (Calculated)$7,117/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax$7,117
Annual Income & Unit Breakdown for 40 Cleveland Street, Melrose MA 02176
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseN
Bedrooms2
Bathrooms2 Full, 1 Half
Floor1
Levels in Unit2
HeatingNo
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms3
Bathrooms2 Full, 1 Half
Floor2
Levels in Unit2
HeatingNo
Rent Includes
General Information for 40 Cleveland Street, Melrose MA 02176
Listing ID73101002
Property TypeMulti Family
Price$1,550,000 ($528.83/SqFt)
StyleMulti Family
CityMelrose
CountyMiddlesex
MLS AreaWyoming
Neighborhood(s)
Approximate Living Area Total2,931 SqFt
Approximate Lot Size (Acres)0.12 acres
Total Parking4
Garage Parking
Year Built1900
Year Built SourcePublic Records
Year Renovated
Year Built DetailsApproximate,Renovated Since
Water
Sewer
Electric
Hot Water
Roof Material
Basement
Construction MaterialsFrame, Post & Beam
Lot FeaturesLevel
Foundation Area
Foundation DescriptionStone
Accessible Features
Outdoor Space
ZoningURA
Zoning Details
Water Views
Water Views Features
WaterfrontNo
Waterfront Features
Energy Features
Terms
Disclosures for 40 Cleveland Street, Melrose MA 02176
Lead Paint
UFFI
Living Area Includes BasementYes
Living Area DisclosureLiving area is approximate based on attached floor
Building Area SourceOther
Title 5
Exclusions
Disclosures
Financial Data Source
Total Gross Expenses By Broker$0
Total Gross Income By Broker$0
Total Net Income By Broker$0
For Sale By OwnerNo
Short Sale / Forclosure (Bank Owned)
Buyer Agent Compensation2%%
Facilitator Compensation
Sub-Agent Compensation
Compensation Based OnNet Sale Price
Financial Information for 40 Cleveland Street, Melrose MA 02176
Real Estate Taxes$7,117
Tax Year2022
Assessed Value$683,000
Financial Data Source
Total Gross Expenses By Broker$0
BostonRealEstate.com Gross Expenses
Total Gross Income By Broker$0
BostonRealEstate.com Gross Income
Total Net Income By Broker$0
BostonRealEstate.com Gross NOI
CAP Rate (based on Broker info)
CAP Rate (BostonRealEstate.com)-0.46%
Location Information for 40 Cleveland Street, Melrose MA 02176
Elementary SchoolLincoln
Middle SchoolMelrose
High SchoolMelrose High
Neighborhood(s)
MLS AreaWyoming
Area AmenitiesWalk/jog Trails, Conservation Area, Highway Access, House Of Worship, Public School, Shopping, Golf, Park, Medical Facility, Laundromat, Bike Path, Public Transportation, T-station, Pool, Tennis Court(s), Private School, University, Sidewalks
Contact Information for 40 Cleveland Street, Melrose MA 02176