216 Lynn Fells ParkwayMelrose, MA 02176MLS Number 72478911

  • Price: $1,290,000
  • Est. Mortgage of $/month
  • 48 Days on Market
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$
%
$/month over payments
Federal 30-year interest rate: 4.06% last updated on May 23, 2019
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 11Bedrooms
  • 5Bathroom

MELROSE: RARELY AVAILABLE 4 Family fully leased in ideal location abutting Sewall Woods Park, steps from Ell Pond and Messenger Playground. With nearly $100,000 in gross rental income, this well-maintained 4 family boasts 11 bedrooms, 5 bathrooms and 6383 sq ft of livable space on a private 8164 sq ft lot! Driveway + parking area can fit 10+ cars with additional 2 in garage. Units 1 + 2 each have 2 beds/1 bath, 1000+ sq ft of livable space. Units 3 + 4 are bi-level 3 and 4 bed units, 2000+ sq ft of livable space. Property has de-lead certificates for all units! Numerous improvements made by current owners including bathrooms, appliances + paint in Units 1, 3 + 4, hot water heaters, central fire system, common area paint. Washer/dryer hookups for each unit in basement (in-unit for #1). Don't miss this excellent turn-key opportunity. First Showings at Open Houses Sat/Sun, 4/13-4/14, 12-1:30PM. All offers due Monday 4/15 by 5PM.

Listed by Elevated Properties Team and Nathaniel Rice of Elevated Realty, LLC

Driving Directions

Colonial Manor Realty
Colonial Manor Realty
127 Franklin Street
Reading, MA 01867

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More Info

Parking

  • Garage Spaces1
  • Parking Spaces10

Building

  • Year Built1900
  • Bathroom5
  • Full Baths5
  • Bedrms 12
  • Bedrms 22
  • Bedrms 33
  • Bedrms 44
  • Bedrooms11
  • Total Brs11
  • Rms 14
  • Total Fbh5
  • Rms 24
  • Total Flrs6
  • Rms 36
  • Rms 47
  • Total Levels6
  • No Units4
  • No Rooms21
  • Total Rms19
  • Total Rooms21
  • Levels3
  • Levels 11
  • Levels 21
  • Levels 32
  • Levels 42
  • BasementYes
  • FoundationFieldstone
  • DirectionLynn Fells Pkwy to Sewall Woods Rd
  • Lead PaintCertified Treated

Other

  • Wse6000
  • Year Built DescrpActual
  • Apod AvailableYes
  • Certificate Number210385
  • Insc4500
  • Parcel NumberM:B10 P:0000025
  • Noi87660
  • View Count8

Basic Information

  • StatusACT
  • Property Type4 Family
  • Date Listed04/09/2019
  • List Price$1,290,000
  • Price Per Sq Ft$202
  • Status Date2019-05-04T08:59:00
  • MLS Number72478911

Interior

  • Basement FeatureFull
  • F Bths 21
  • F Bths 11
  • Hea Dscrp 1Hot Water Baseboard, Oil
  • F Bths 31
  • Hea Dscrp 2Forced Air, Gas
  • Hea Dscrp 3Steam, Oil
  • Hea Dscrp 4Steam, Oil
  • Flrs 11
  • Flrs 21
  • Flrs 32
  • FlooringHardwood
  • F Bths 42
  • Flrs 42

Exterior

  • ExteriorWood

Utilities

  • Elec840
  • WaterCity/Town Water
  • Hot WaterNatural Gas
  • SewerCity/Town Sewer

Location

  • Street Num216
  • Building Number216
  • StreetLynn Fells Parkway
  • TownMelrose
  • StateMA
  • Zip02176
  • Zip Code 41743
  • CountyMiddlesex

Property

  • Acreage0.19
  • Lot Size8164
  • Square Feet6383
  • Lease 1Y
  • Lease 2Y
  • Lease 3Y
  • Lease 4Y
  • Rent42550
  • Rnt Dscrp 2Water
  • Lot DescriptionPaved Drive, Scenic View(s)
  • Rent32300
  • Rent21600
  • Rnt Dscrp 3Water
  • Rent11800
  • Rnt Dscrp 4Water
  • Rnt Dscrp 1Water
  • Total Rent8250
  • Assessments823300
  • Main LoAN1547

Water Body

  • WaterfrontNo
  • BeachfrontNo

Photos

  • Number of Photos21
  • Photo Date2019-04-09T14:40:00
  • Prop TypeMF

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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