Unit Information
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 Details
- Status: ACT
- Type: Multi-Family, 3 Family - 3 Units Up/Down
- Area: Mount Hood
- Zip Code: 02176
- Levels: 4
- Parking
- Garage: 2
- Garage Capacity: 10
- Parking: Paved Drive, Off Street
- Parking Spaces: 10
- Rooms and Dimensions
- Total Units: 3
- Total Floors: 4
- Total Rooms: 17
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$1,375,000
- Listing ID: 73464224
- Bedrooms: 7
- Full Baths: 4
- Living Area: 3,964 sqft Convert
- Lot Size: 13,203 sqft Convert
- Acres: 0.3
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Luxury Residential Group
(617) 233-5800
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