3 Hunnewell St, Melrose, MA 02176

$1,355,000
7
BD
4
BA
3,964
SqFt

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Sold Price
$1,355,000
List Price
$1,375,000
Status
SOLD
MLS#
73464224
Bedrooms
7
Bathrooms
4
Full Baths
4
Living Area
3,964
Lot Size (Acres)
0.30000000000000004
Year Built
1920

Property Description

This well-maintained three-family in Melrose offers immediate income and strong long-term upside. Set on a generous 13,000 sq ft lot, it provides exceptional parking and valuable outdoor space. Unit 1 features three bedrooms, including a Primary Suite, plus a lower-level family room with private entrance and in-unit laundry. It rents for $3,400 per month and includes exclusive use of an oversized two-car garage, boosting appeal and revenue. The other two units are occupied by long-term tenants, ensuring stable income. All units have separate utilities, hardwood floors, and replacement windows, creating an efficient, low-maintenance setup. With solid rental history and clear potential for future value growth, this property is a smart addition to any portfolio—an ideal time to secure it before the Spring Market accelerates.

Additional Information

Area
Mount Hood
Taxes
$13,229
Interior Features
Ceiling Fan(s), Storage, Stone/Granite/Solid Counters, Living Room, Dining Room, Kitchen
Parking Description
Paved Drive, Off Street
Lot Description
Corner Lot
Water
Public
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Dale Brousseau from Listing Office: Trinity Real Estate.

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