Sold: Mar 30, 2023
Address
25 Melrose Street, Boston, MA
Price
$ 2,000,000
Property Attributes
  • ID#73040987
  • TypeMulti-Family
  • CountySUFFOLK
  • CityBoston
  • Zip02116
  • Style
  • Price$ 2,000,000
  • Bedrooms3
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage2500
  • Lot Size871 SqFt
Data Source:
Massachusetts MLS Property Info Network (MLSPIN)
Property Description

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.

Price History

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 02116

Price
AVG $12.2M
$2M