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$7,700,000
Est. payment /mo
40 Beds
23 Baths
22,324 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 5+ Family - 5+ Units Up/Down
Listing Status Active
Purchase Type For Sale
Square Footage 22,324 sqft
Price per Sqft $344
MLS Listing ID 73380111
Bedrooms 40
Full Baths 23
Year Built 1961
Annual Tax Amount $37,131
Tax Year 25
Lot Size 0.470 Acres
Acres 0.47
Property Sub-Type 5+ Family - 5+ Units Up/Down
Property Description
333 Main St is a four-story brick building with 23 residential units consisting of (7) 1-Bed/1-Bath units, (15) 2-Bed/1-Bath units, and (1) 3-Bed/1-Bath unit. The units, which feature hardwood flooring, are separately metered for heat (electric), hot water (electric) and electricity, which are paid for directly by the tenants. The Landlord is responsible for common area electric and domestic water and sewer. 333 Main Street features ample off-street parking with 23 spaces. The Property also offers an on-site laundry facility, and each unit has a private walk-out patio or balcony. 333 Main Street offers the opportunity to acquire a well-maintained investment Property with upside in an exceptional, urban-infill location. The subject property is ideal for a potential buyer looking for income growth and strong investment returns. The Melrose submarket continues to accelerate thanks to continued commercial and infrastructure development in Melrose.
Location
State MA
County Middlesex
Zoning URC
Direction Please Use GPS
Exterior
Community Features Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Bike Path, Highway Access, Private School, Public School, T-Station
Roof Type Rubber
Total Parking Spaces 23
Garage No
Building
Lot Description Corner Lot
Story 4
Foundation Other
Sewer Public Sewer
Water Public
Others
Senior Community false
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Listed by Horvath & Tremblay
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