Great location just steps to Middle and High School. Easy access to Lynn Fells Parkway, and route 93 N/S. House needs updating, but newer roof, two newer furnaces, separate utilities, rear decking and stairs newly stained 2024. nice patio next to large shed, and perennials make for a very comfortable back yard. You are steps to commuter rail station into Boston, Route 1 and 93 are just minutes from front door. Downtown is less than 15 minute walk, with Shaw’s and Whole Foods supermarkets available. numerous restaurants to choose from. Common storage room as you enter the front foyer. as well as additional storage room in basement. Newer rebuilt chimney when furnaces installed.

Property Details

Price:
$749,000
MLS #:
73352448
Status:
Active Under Contract
Beds:
4
Baths:
2
Address:
24 Otis St
Type:
Multi Family
City:
Melrose
Listed Date:
Mar 31, 2025
State:
MA
Finished Sq Ft:
2,172
Total Sq Ft:
2,172
ZIP:
02176
Lot Size:
5,001 sqft / 0.11 acres (approx)
Year Built:
1920
Units:
2

Schools

Interior

Appliances
Range, Dishwasher, Disposal, Refrigerator, Washer, Dryer
Bathrooms
2 Full Bathrooms
Cooling
Window Unit(s)
Flooring
Tile, Vinyl, Hardwood, Stone/ Ceramic Tile
Heating
Baseboard, Natural Gas, Unit Control
Laundry Features
Gas Dryer Hookup

Exterior

Community Features
Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/ Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, House of Worship, Private School, Public School, T- Station, Sidewalks
Construction Materials
Frame
Exterior Features
Balcony/ Deck, Rain Gutters, Sprinkler System, Garden
Other Structures
Shed(s)
Parking Features
Paved Drive, Off Street, Tandem
Parking Spots
3
Roof
Shingle

Financial

Net Operating Income
$30,000
Tax Year
2025
Taxes
$7,574

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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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24 Otis St
Melrose, MA