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40 Cleveland Street, Melrose MA 02176

$1,550,000

Estimated $3,106/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $775,000

Total Rent: 0/year

Estimated CAP Rate:

5 Bedrooms

Baths

2931

Total Parking: 4

5,288 (0.12)

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 33 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

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 Tax7117

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

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms3

Bathrooms2 Full, 1 Half

Floor2

Levels in Unit2

Rent Includes

General Information for 40 Cleveland Street, Melrose MA 02176

Listing ID73101002

Property TypeMulti Family

Price1550000 ($528.83/SqFt)

StyleMulti Family

CityMelrose

CountyMiddlesex

MLS AreaWyoming

Neighborhood(s)

Approximate Living Area Total2931

Approximate Lot Size (Acres)0.12

Total Parking4

Garage Parking0

Year Built1900

Year Built SourcePublic Records

Year Built DetailsApproximate,Renovated Since

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

ZoningURA

Water Views

Water Views Features

Waterfront Features

Terms

Disclosures for 40 Cleveland Street, Melrose MA 02176

Lead Paint

UFFI

Living Area Includes BasementYes

Living Area Disclosure

Building Area SourceOther

ExclusionsGenerator

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation2%

Facilitator Compensation0

Compensation Based OnNet Sale Price

Financial Information for 40 Cleveland Street, Melrose MA 02176

Real Estate Taxes7117

Tax Year2022

Assessed Value$683,000

Financial Data Source

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

Location Information for 40 Cleveland Street, Melrose MA 02176

Elementary SchoolLincoln

Middle SchoolMelrose

High SchoolMelrose High

Neighborhood(s)

MLS AreaWyoming

Area AmenitiesWalk/jog Trails

Contact Information for 40 Cleveland Street, Melrose MA 02176

Agent

Name: Taylor Johnson

Office

Name: Keller Williams Realty Evolution

Phone: 781-395-5600

Payment Calculator

, Interest

Property Taxes 593.08

Principal & Interest 9550.61

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Keller Williams Realty Evolution

Taylor Johnson

Agent Phone

Office Phone

(781) 395-5600

Text Agent Call Agent Call Office

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    [unparsed] => 40 Cleveland Street, Melrose MA 02176
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EXIT

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