Location, location, location. Don’t miss this rare opportunity to own a large two family home located in Melrose, minutes to Main Street. Great for an owner occupant, developer, or an investor. The first floor unit features 2 bedrooms/1 bath, an eat-in-kitchen, separate living and dining area, in-unit laundry, and hardwood floors. The second floor unit is a 4 bedroom/1.5 bath two-level duplex. It features a renovated eat-in-kitchen, gas cooking, double sided fireplace, pellet stove, and hardwood floors throughout. The second floor level has two bedrooms, one half bath and a cozy reading nook. New heating and water heaters. A six- car garage plus additional outdoor parking complete this home.

Property Details

Price:
$1,200,000
MLS #:
73224288
Status:
Active
Beds:
7
Baths:
4
Address:
118-120 Green Street
Type:
Multi Family
Subtype:
2 Family – 2 Units Up/Down
City:
Melrose
Listed Date:
Apr 16, 2024
State:
MA
Finished Sq Ft:
3,484
ZIP:
02176
Lot Size:
8,621 sqft / 0.20 acres (approx)
Year Built:
1910

Schools

Interior

Appliances
Range, Dishwasher, Refrigerator, Washer, Dryer, Disposal
Bathrooms
2 Full Bathrooms, 5 Half Bathrooms
Cooling
Window Unit(s), Central Air
Fireplaces Total
2
Flooring
Carpet, Hardwood
Heating
Forced Air, Electric

Exterior

Community Features
Public Transportation, Walk/ Jog Trails
Exterior Features
Balcony/ Deck
Parking Features
Paved Drive, Paved
Parking Spots
3
Roof
Shingle

Financial

Buyer Agent Compensation
2%
Net Operating Income
$22,200
Tax Year
2024
Taxes
$9,161

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CRP: Certified Relocation Professional
CRS: Certified Residential Specialist
GRI: Graduate of Realtors Institute
CBR: Certified Buyers Representative
BSBA: Bachelor of Science in Business Administration. Babson College 1979
MBA: Master of Business Administration. Babson College 2002

James M. Joly is President and Principal-Owner of Boardwalk Real Estate Corp.,…

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118-120 Green Street
Melrose, MA