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    536 Lebanon

    Melrose, MA 02176
    • $799,000
    • STATUS: Active
    • MLS #: 72884545
    UPDATED: 41 min ago
    $799,000
    • 2
      BEDS
    • 0.11
      ACRES
    • 1
      BATHS
    • 1
      1/2 BATHS
    • 2,500
      SQFT
    • $320
      $/SQFT
    Neighborhood:
    Type:
    Commercial-Lease
    Built:
    1855
    County:
    Area:

    School Ratings & Info

    Listing courtesy of Frank Interrante of Allton Realty, Llc.

    Description

    Attention Investors Fantastic Opportunity to own 2 unit mixed use multi-family located in vibrant Melrose Center across the street from Melrose Wakefield Hospital! Near Commuter Rail, shops, restaurants & bus. Large 20+ parking lot, Great rent roll potential or condo-conversion. FOUR levels, each unit has 2 levels. Unit 1 is vacant and has been used as doctor's office and features handicap accessible first floor, 3 offices with sinks, reception / waiting areas, bath, & walk-out finished lower level that has plumbing for full bath & kitchenette. Unit 2 currently rented with long term tenants is on 2nd & 3rd floors consist of 2 beds, 1BA in unit laundry. Electric is separately metered. Water is common, ductless mini split systems in both units. Lower level has baseboard heat. Exterior features maintenance free vinyl siding, sustainable landscaping and large deck. Great Investment, Great Location Fantastic Opportunity, Hurry-before its gone!

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    The property listing data and information 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 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 set forth herein. Data last updated 2021-09-27T18:08:48.32.
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    536 Lebanon Melrose, MA 02176

    • Price: $799,000
    • Status: Active
    • Updated: 41 min ago
    • MLS #: 72884545
    2
    Beds
    1
    Baths
    1
    ½ Baths
    0.11
    Acres
    2,500
    SQFT
    $320
    $/SQFT
    1855
    Built
    Neighborhood:
    Other
    County:
    Middlesex
    Area:
    Other
    Property Description
    Attention Investors Fantastic Opportunity to own 2 unit mixed use multi-family located in vibrant Melrose Center across the street from Melrose Wakefield Hospital! Near Commuter Rail, shops, restaurants & bus. Large 20+ parking lot, Great rent roll potential or condo-conversion. FOUR levels, each unit has 2 levels. Unit 1 is vacant and has been used as doctor's office and features handicap accessible first floor, 3 offices with sinks, reception / waiting areas, bath, & walk-out finished lower level that has plumbing for full bath & kitchenette. Unit 2 currently rented with long term tenants is on 2nd & 3rd floors consist of 2 beds, 1BA in unit laundry. Electric is separately metered. Water is common, ductless mini split systems in both units. Lower level has baseboard heat. Exterior features maintenance free vinyl siding, sustainable landscaping and large deck. Great Investment, Great Location Fantastic Opportunity, Hurry-before its gone!
    Exterior Features

    Beachfront No Parking Spaces 20 Stories 4 Waterfront Flag No

    Interior Features

    Basement Yes Fireplaces 0 Maf Building Sq Ft 0.00 Ref Building Sq Ft 0.00 Rooms 13 Rsf Building Sq Ft 1097.00 Total Building Sq Ft 2500.00 Waf Building Sq Ft 0.00

    Property Features

    Assessed Value Building 221600.00 Assessed Value Land 337500.00 Assessed Value Total 559100.00 Commercial Industrial Type Mixed Use Disclosure No Disclosures Buyers To Do Due Diligence On Businesses Allowed Exchange No Lease Yes Lender Owned No Mau Units 0 Ofu Units 1 On File21 E No Reu Units 0 Rsu Units 1 Short Sale Lender App Required No Space Available For Sale Sq Ft Disclosures Includes Finished Attic And Finished Lower Level Sq Ft Source Ms Sublet No Tax Year 2021 Taxes 6122.00 Total Units 2 Wau Units 0 Year Built Source Pr Zone Description Legal Conforming Zoning Bd

    Listing information © 2021 MLS Property Information Network. All information is deemed reliable but should be independently verified.
    Listing provided courtesy of Frank Interrante of Allton Realty, Llc.


    The property listing data and information 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 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 set forth herein. Data last updated 2021-09-27T18:08:48.32.
     
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    RE/MAX Unlimited
    420 Harvard St. Suite 1
    Brookline MA, 02446
    Listing courtesy of Frank Interrante of Allton Realty, Llc.