10 Chestnut Street Melrose MA 02176 MLS #73118079

10 Chestnut Street
Melrose, MA, 02176
$1,350,000
7 Beds
4 Baths
4,467 SqFt
0.13 Acres
$1,350,000
10 Chestnut Street
Melrose, MA, 02176
The duplex “owners” unit will now be vacant 9/1/23. Located on picturesque Chestnut Street in East Wyoming, just a stone’s throw away from downtown Melrose & the commuter rail to Boston, you’ll find this impressive 3-Unit building. A rare gem, this property presents an excellent opportunity for savvy investors to expand their portfolio or embark on an exceptional condo conversion project. With separate utilities, 4+ off-street parking spots, & 2-garage spots, it offers tremendous potential! The first level features a 3-bed/1-bath unit with a deck overlooking the backyard. The second level boasts the incredible “owner’s unit,” spanning two floors & offering 3 beds, 2 full baths, in-unit laundry, central air, & 2 private decks. Also, accessible from the second floor is the sunny 1-bed/1-bath third unit that provides ample storage. Below, you’ll find 2 separate garage spaces and a spacious basement with a utility room, perfect for dedicated storage for each unit & storing yard/snow gear!

Property Details

Price:
$1,350,000
MLS #:
73118079
Status:
Closed ((Aug 15, 2023))
Beds:
7
Baths:
4
Address:
10 Chestnut Street
Type:
Multi Family
Subtype:
3 Family
City:
Melrose
Listed Date:
May 31, 2023
State:
MA
Finished Sq Ft:
4,467
ZIP:
02176
Lot Size:
5,785 sqft / 0.13 acres (approx)
Year Built:
1890

Schools

Interior

Appliances
Washer, Dryer, Unit 1( Range, Refrigerator), Unit 2( Range, Refrigerator), Unit 3( Range, Dishwasher, Microwave, Refrigerator), Gas Water Heater, Utility Connections for Gas Dryer, Utility Connections Varies per Unit
Bathrooms
4 Full Bathrooms
Cooling
Unit 3( Central Air)
Flooring
Varies Per Unit, Unit 1(undefined), Unit 2( Hardwood Floors), Unit 3( Tile Floor, Hardwood Floors, Wall to Wall Carpet)
Heating
Natural Gas, Electric, Unit 1( Hot Water Radiators, Gas), Unit 2( Gas), Unit 3( Gas)
Laundry Features
Washer Hookup

Exterior

Community Features
Public Transportation, Shopping, Park, Golf, Medical Facility, Conservation Area, Highway Access, Public School, T- Station, Sidewalks
Construction Materials
Frame
Exterior Features
Unit 1 Balcony/ Deck
Parking Features
Paved Drive, Off Street, Paved
Roof
Shingle

Financial

Buyer Agent Compensation
2%
Net Operating Income
$49,800
Tax Year
2023
Taxes
$11,363
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Marie Andrews

Marie Andrews

Realtor®, Broker/Owner, GBREB, Notary Public

Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…

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Rover IDX
10 Chestnut Street
Melrose, MA