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| Price | Down Payment | Interest Rate | Years |
|---|---|---|---|
| % |
Est. Mortgage: $/month
Federal 30-year interest rate: 6.09% last updated on 2023-02-02
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
Active
- 3Bedrooms
- 4Bathrooms
- 2,500Square Feet
- 0.02Acreage
Impressive 4-family opportunity uniquely positioned between Boston Common, South End and The Copley Plaza in Historic Bay Village. The fully occupied brick row house features three 1-bedroom and one studio apartments with opportunity for rent increases and additional development. The first and lower level units have been newly renovated with modern kitchen and baths, featuring stainless steel appliances, recessed lighting, mini split systems, and in-unit laundry. The second and third floor 1-bedroom units are well maintained with spacious bedrooms and living spaces, hardwood floors, natural light, a wood deck and detailed finishes. 25 Melrose boasts an impressive leasing history; tenants enjoy easy access to Tufts, Back Bay and Arlington MBTA stops, I-90 and I-93. All units are leased through August 31st, 2023. Heat and hot water are included in rent, electricity is separately metered. This is an incredible investment opportunity in the Boston market.
Listed by William Senne, Britany Caruso and Moises Morin-Martinez of Senne
More Info
Basic Information
- Gross Income $133,980
- Lot Features Other
- Mls StatusActive
- Parcel Number 3357989
- Road Frontage DescriptionPaved
Building
- BasementFull, Finished
- Building Area Units Square Feet
- Construction Materials Brick
- FoundationOther
- Garage Spaces
- Patio And Porch Features Deck - Wood
- Rooms11
- Stories6
- Utilities For Electric Range
- Year Built1900
- Year Built Details Approximate
- Year Built Source Public Records
Legal
- ZoningRES
Other
- Buyer Agency Compensation2.5%
- Date Listed09/26/2022
- Farm Land Area Units Square Feet
- Transaction Broker Compensation2.5%
- View Count2
Tax Information
- Tax Assessed Value $1,094,300
- Tax Year 2022
- Taxes$11,906
Basic Information
- List Price$2,170,000
- MLS Number73040987
- Modification Date02/06/2023
- Property SubType4 Family
Property
- Acreage0.02
Interior
- Flooring Wood, Tile
- Interior Features Other (See Remarks)
Exterior
- RoofRubber
Property Information
- Building Area Source Public Records
- Living Area 2,500
- Lot Size Square Feet 901
- Lot Size Units Acres
- Square Feet2,500
Parking
- Parking Spaces
Rooms
- Bathroom4
- Bathrooms Total Decimal 4
- Bedrooms3
- Full Bath4
Location
- Address25 Melrose Street
- Building Number25
- CountySuffolk
- NeighborhoodBay Village
- StateMA
- StreetMelrose Street
- SubdivisionBay Village
- TownBoston
- Zip02116
Utilities
- Sewer Public Sewer
- Water Source Public
Amenities
- Amenities
- Bike Path
- Highway Access
- House of Worship
- Laundromat
- Medical Facility
- Park
- Private School
- Public School
- Public Transportation
- Shopping
- Sidewalks
- T-Station
- University
- Appliances IncludedUtility Connections for Electric Range
- Other AmenitiesBasement
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Call: 617-375-7900
