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Expired

50 Lebanon St, Melrose MA 02176

$875,000

Estimated $1,990/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $437,500

Total Rent: 52200/year

Estimated CAP Rate:

5 Bedrooms

Baths

1868

Total Parking: 6 (1 Garage)

5,942 (0.14)

Great investment opportunity on this side-by-side duplex in the well-sought city of Melrose! Unit #1 has 5 rooms and 1 and a half bedrooms, which is ideal for an office or nursery space and 1 and a half baths. Unit #2 has Living Room, Dining Room, Kitchen, and 4 bedrooms. Rooms can be utilized as needed for space. All hardwood flooring and coin-operated laundry machines in both basements. Newer roof, vinyl siding and heating systems. Lots of parking (5+) in newly paved driveway with one large garage space. Shed and storage in yard. Enjoy summers on the terrace area and bring your gardening ideas. Minutes from Melrose center, public transportation and all Melrose has to offer! Currently has great tenants who would like to stay but are tenant-at-will.

This home has been viewed 42 times

Last Checked: May 7th, 2024 at 8:11am (Source: MLS PIN #73064412)

Gross Income: $52,200

Gross Expenses: $6,850

Net Income Calc: $45,350

Water Views

Annual Expenses for 50 Lebanon St, Melrose MA 02176

Total Gross Expenses (Calculated)$6,850/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax6850.42

Annual Income & Unit Breakdown for 50 Lebanon St, Melrose MA 02176

Total Gross Income (Calculated)$52,200

Unit 1

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full, 1 Half

Floor1

Levels in Unit2

Rent Includes

Unit 2

Rental Income$0

LeaseN

Bedrooms4

Bathrooms1 Full, 1 Half

Floor2

Levels in Unit2

Rent Includes

General Information for 50 Lebanon St, Melrose MA 02176

Listing ID73064412

Property TypeMulti Family / 2 Family

Price875000 ($468.42/SqFt)

Style2 Family - 2 Units Side By Side

CityMelrose

CountyMiddlesex

Neighborhood(s)

Approximate Living Area Total1868

Approximate Lot Size (Acres)0.14

Total Parking6 (1 Garage)

Garage Parking1

Year Built1890

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor Space

Zoningres

Water ViewsNo

Water Views Features

Waterfront Features

Terms

Disclosures for 50 Lebanon St, Melrose MA 02176

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsAll Appliances To Remain.

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 Compensation2

Compensation Based OnGross/full Sale Price

Financial Information for 50 Lebanon St, Melrose MA 02176

Real Estate Taxes6850.42

Tax Year2022

Assessed Value$648,100

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 50 Lebanon St, Melrose MA 02176

High SchoolMelrose High

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 50 Lebanon St, Melrose MA 02176

Agent

Name: Renee Murray-Chakalos

Office

Name: Century 21 North East

Phone: 978-208-0449

Payment Calculator

, Interest

Property Taxes 570.87

Principal & Interest 5391.47

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Century 21 North East

Renee Murray-Chakalos

Agent Phone

Office Phone

(978) 208-0449

Text Agent Call Agent Call Office

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    [unparsed] => 50 Lebanon St, Melrose MA 02176
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EXIT

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