276-280 Lebanon StreetMelrose, MA 02176MLS Number 73083750

  • Sale Price: $850,000
  • 213 Days Since Sale
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Federal 30-year interest rate: 7.29% last updated on Nov 22, 2023
* 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.
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276-280 Lebanon Street Melrose MA 02176276-280 Lebanon Street Melrose MA 02176276-280 Lebanon Street Melrose MA 02176276-280 Lebanon Street Melrose MA 02176276-280 Lebanon Street Melrose MA 02176276-280 Lebanon Street Melrose MA 02176276-280 Lebanon Street Melrose MA 02176276-280 Lebanon Street Melrose MA 02176276-280 Lebanon Street Melrose MA 02176276-280 Lebanon Street Melrose MA 02176276-280 Lebanon Street Melrose MA 02176276-280 Lebanon Street Melrose MA 02176276-280 Lebanon Street Melrose MA 02176276-280 Lebanon Street Melrose MA 02176276-280 Lebanon Street Melrose MA 02176276-280 Lebanon Street Melrose MA 02176276-280 Lebanon Street Melrose MA 02176276-280 Lebanon Street Melrose MA 02176276-280 Lebanon Street Melrose MA 02176276-280 Lebanon Street Melrose MA 02176276-280 Lebanon Street Melrose MA 02176276-280 Lebanon Street Melrose MA 02176276-280 Lebanon Street Melrose MA 02176276-280 Lebanon Street Melrose MA 02176276-280 Lebanon Street Melrose MA 02176276-280 Lebanon Street Melrose MA 02176
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  • 6Bedrooms
  • 3Bathrooms
Exceptional investment opportunity in an ever popular Melrose Location! Walking distance to Pine Banks, train stations and bustling downtown Melrose. Interiors were renovated in 2018: unit 1 features 2 bedrooms, 1 full bathroom and new kitchen with laundry in unit - unit 2 expanding floors 2 and 3, features 4 bedrooms, 2 full bathrooms and new kitchen with laundry in unit. Nice size lot with plenty of off street parking and two garage spots complete this incredible investment property. Less than a mile to Commuter rail - Wyoming Hill and Oak Grove Train station! Separate utilities for each unit. Fully rented this property will collect nearly $70,000 in annual rent or owner occupant can live in one unit and rent another. Two bedroom unit was rented for $2300 and Four bedroom unit was rented for $3500 - Property is vacant and easy to show!
Listed by Jacqui Webb of Berkshire Hathaway HomeServices Warren Residential

Listing Sold by 1 Plus 1 Realty LLC.

Driving Directions

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

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More Info

Basic Information

  • Contingency Pending P&S
  • Gross Income $69,612
  • Mls StatusSold
  • Parcel Number M:0D5 P:0000116,654509
  • Rent Includes Unit 1(Water), Unit 2(Water)

Location

  • Address276-280 Lebanon Street
  • Building Number276-280
  • CountyMiddlesex
  • StateMA
  • StreetLebanon Street
  • TownMelrose
  • Zip02176

Property

  • Acreage0.18

Utilities

  • Heat SystemYes
  • Heating Unit 1(Gas), Unit 2(Gas)
  • Sewer Public Sewer
  • Water Source Public

Other

  • Buyer Agency Compensation2%
  • Date Listed03/02/2023
  • Farm Land Area Units Square Feet
  • Transaction Broker Compensation0%
  • View Count19

Tax Information

  • Tax Assessed Value $718,600
  • Tax Year 2023
  • Taxes$7,488

Rooms

  • Bathroom3
  • Bathrooms Total Decimal 3
  • Bedrooms6
  • Full Bath3

Building

  • BasementUnfinished
  • Building Area Units Square Feet
  • FoundationBlock
  • Garage Spaces2
  • Rooms12
  • Stories3
  • Units2
  • Year Built1923
  • Year Built Details Actual
  • Year Built Source Public Records

Amenities

  • Amenities
    • Highway Access
    • Medical Facility
    • Park
    • Public School
    • Public Transportation
    • Shopping
    • T-Station
    • Walk/Jog Trails
  • Appliances IncludedUnit 1(Range, Dishwasher, Refrigerator, Washer, Dryer), Unit 2(Range, Dishwasher, Refrigerator, Washer, Dryer)
  • Other AmenitiesBasement

Parking

  • Covered Spaces 2
  • Garage YN Yes
  • Open Parking YN Yes
  • Parking Features Paved Drive, Off Street
  • Parking Spaces5

Basic Information

  • List Price$899,999
  • MLS Number73083750
  • Modification Date05/26/2023
  • Property SubType2 Family - 2 Units Up/Down
  • Purchase Contract Date04/24/2023
  • Sale Date04/29/2023
  • Sale Price$850,000

Interior

  • Interior Features
    • Dining Room
    • Dining Room
    • Kitchen)
    • Kitchen)
    • Unit 1 Rooms(Living Room
    • Unit 2 Rooms(Living Room

Property Information

  • Building Area Source Public Records
  • Living Area 2,369
  • Lot Size Square Feet 7,810
  • Lot Size Units Acres
  • Square Feet2,369

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. 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. MLSPIN 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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