40-42 Tappan St, Melrose, MA 02176

$875,000
5
BD
2
BA
2,130
SqFt

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Sold Price
$875,000
List Price
$850,000
Status
SOLD
MLS#
73370664
Bedrooms
5
Bathrooms
2
Full Baths
2
Living Area
2,130
Lot Size (Acres)
0.16
Year Built
1920

Property Description

Calling all visionaries! Here's your chance to write the next chapter of this beloved Melrose two-family, carefully stewarded by the same family since Elvis was topping the charts. While this home might need a refresh (think more "time capsule" than "turn-key"), its bones are as solid as its location is spectacular. Perfectly perched just steps from downtown Melrose's foodie paradise and the commuter rail, this property is also a hop and skip from the wilderness wonderland of Middlesex Fells. Leave your car in the two car driveway and walk to everything that makes Melrose one of Greater Boston's most coveted communities. Amidst the vintage vibes inside lie original hardwood floors, and a generous deep lot outside begs for your garden dreams. The possibilities here are endless, but it's perfect for house hackers: live in one unit while rental income helps fund your renovation vision. Or, reimagine both units for maximum return. Opportunities like this one do not come along often!

Additional Information

Taxes
$7,818
Interior Features
Pantry, Bathroom With Tub & Shower, Storage, Living Room, Dining Room, Kitchen, Laundry Room, Sunroom
Parking Description
Paved Drive, Off Street, Paved
Lot Description
Level
Water
Public
Sewer
Public Sewer
Elementary School
Lincoln
Middle School
Melrose Middle
High School
Melrose High

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Adam Shulman from Listing Office: Leading Edge Real Estate.

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