608 Franklin St, Melrose, MA 02176

$1,605,000
8
BD
6
BA
5,339
SqFt
Sold Price
$1,605,000
List Price
$1,599,990
Status
SOLD
MLS#
73191490
Bedrooms
8
Bathrooms
6
Full Baths
6
Living Area
5,339
Lot Size (Acres)
0.27
Year Built
1895

Property Description

ATTENTION INVESTORS: Prime opportunity in transit-oriented, downtown Melrose - named one of the hottest zip codes in America! Rarely found in the heart of Melrose, this fully rented, updated and turnkey 5-unit multifamily property with 10 parking spots is a masterpiece of architecture and financial opportunity. Each unit boasts exquisite woodwork, infusing classic charm with contemporary living. Nestled steps next to the Melrose Highlands train station with easy commute to Boston, surrounded by shops, restaurants, Wholefoods, and minutes to beautiful Ell Pond, this property caters to the demands of modern life, making it a hotspot for tenants seeking accessibility and a stress-free commute. With fully occupied, turnkey rentals, enjoy a hassle-free income stream and let your investment work for you. Don't miss out on this golden opportunity to acquire a fully rented, turnkey multifamily property with value-add upside in one of Massachusetts' most sought-after locations!

Additional Information

Taxes
$12,359
Parking Description
Paved Drive, Off Street, Paved
Water
Public, Individual Meter
Sewer
Public Sewer

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Pamela Bardhi from Listing Office: eXp Realty.

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