105-107 Lynde Street

Melrose, MA 02176

$978,478
Last Sold Price
4
Beds
2
Baths
2,585 Sq. Ft.
$379 / Sq. Ft.
2,585
Sq. Ft.
$379
per Sq. Ft.

Description

Excellent opportunity to purchase a turn-key 2 family in ideal Melrose location. Separate entrances and utilities, 2 car garage plus driveway, and great curb appeal make this ideal for an owner-occupant or investor. Both units have received fresh interior paint, refinished hardwood floors throughout, and updated kitchen and bath fixtures. Certified Deleaded 1st-floor unit features 2 bed, 1 bath, formal living and dining rooms, and modern kitchen. Similar layout upstairs with bonus partially finished...Excellent opportunity to purchase a turn-key 2 family in ideal Melrose location. Separate entrances and utilities, 2 car garage plus driveway, and great curb appeal make this ideal for an owner-occupant or investor. Both units have received fresh interior paint, refinished hardwood floors throughout, and updated kitchen and bath fixtures. Certified Deleaded 1st-floor unit features 2 bed, 1 bath, formal living and dining rooms, and modern kitchen. Similar layout upstairs with bonus partially finished walk up 3rd floor perfect for office space or potential for 3rd bedroom with tenancy at will beginning 9/1. Tons of natural light, plus front and back porches, extra storage in split dry basement, generous sized fenced in yard, in a desirable location only .4 miles to commuter rail, with nearby restaurants, Whole Foods, and all that downtown Melrose has to offer. Don’t miss out on this chance to own a stabilized income producing property grossing $60k per year!
  1. Listed by Wilson Group • Keller Williams Realty
  2. Listed by Patrick Hopkins • Keller Williams Realty

Property Details for 105-107 Lynde Street

Town
Melrose
Area
MA-Melrose
Garage Spaces
2
Parking Spaces
4.00
Parking Spaces Total
6

Location

Listing Courtesy of Keller Williams Realty, Wilson Group; Keller Williams Realty, Patrick Hopkins

Sold By William Raveis R.E. & Home Services, Daniel Resop

Add your commute
LISTING UPDATED: 09/30/2023 10:58 AM

Property Details for 105-107 Lynde Street

StatusSold
MLS #73148696
Days on Market22
Taxes$9,056 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 2 Family
Year Built1927
CountyMiddlesex County

Location

Listing Courtesy of Keller Williams Realty, Wilson Group; Keller Williams Realty, Patrick Hopkins

Sold By William Raveis R.E. & Home Services, Daniel Resop

Add your commute

Virtual Tour

Building Information for 105-107 Lynde Street

Stories3Residences2Year Built1927Building Size-Lot Size0.15 AC / 6,538 SF

Payment Calculator

$6,095 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,340

Property Taxes

$755

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 105-107 Lynde Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Tennis Court, Park, Walk/Jog Trails, Golf Course, Laundromat, Bike Path, Conservation Area, Highway Access, Public School, T-Station
  • Current Financing: Conv. Fixed
  • Living Area: 2585.0
  • SqFt with Basement: No
  • Total Units: 2
  • Waterfront: No
  • Year Built Details: Actual
  • Year Built Source: Public Records
Location/School
  • Grade School: Lincoln
  • High School: Melrose
  • Middle School: Melrose
Features
Interior Features
  • Appliances: Unit 1(Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer, Vent Hood), Unit 2(Range, Countertop Range
  • Basement Features: Unfinished Basement
  • Num of Baths: 2.0
  • Num of Full Baths: 2
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 2.00
  • Bathrooms Total Integer: 2
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Unit 1(undefined)
  • Interior Features: Unit 2(Ceiling Fans), Unit 1 Rooms(Living Room, Dining Room, Kitchen), Unit 2 Rooms(Living Room, Kitchen, Family Room, Loft)
  • Laundry Features: Unit 1 Laundry Room, Unit 2 Laundry Room
  • SpaYN: No
  • Window Features: Screens
Exterior Features
  • Exterior Features: Porch - Enclosed, Deck, Balcony, Gutters, Storage Shed, Screens, Fenced Yard, Unit 1 Balcony/Deck, Unit 2 Balcony/Deck
  • Exterior Features: Fenced Yard, Screens, Balcony, Porch - Enclosed, Deck
  • Fencing: Fenced/Enclosed, Fenced
  • Lot Description: Level
  • Patio And Porch Features: Enclosed, Deck
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: 2.00
  • Garage: Yes
  • Garage Parking: Paved Drive, Shared Driveway, Off-Street, Paved Driveway
  • Open Parking: Yes
  • Parking Features: Paved Drive, Shared Driveway, Off-Street, Paved Driveway
  • Parking Features: Off-Street, Paved Driveway
Utilities
  • Cooling: Unit 1(Window AC), Unit 2(Window AC)
  • Cooling: Yes
  • Electric: 200+ Amp Service
  • Heating: Unit 1(Steam, Oil), Unit 2(Steam)
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Disclosures: No appointment required for open houses.
Tax Information
  • Tax ID: 654608
  • Assessments: $0
  • Book: 79016
  • Tax Year: 2023
  • Zoning: unknown
Building / Association Information
Living Characteristics
  • Beds Total: 4
  • Total Living Levels: 3
Other Building Characteristics
  • Foundation: Stone
Income / Expenses
  • GOI: $60,000.00
  • Insurance: $2,000.00
  • GRE: $13,056
  • NOI: $46,944.00
  • Operating Expense: $13,056.00
  • WSE: $2,000.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: Y
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 2
  • Lease U2: Y
  • Levels U2: 2
Rental Info
Rental Info
  • Total Actual Rent: $5,000.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2.25
  • Other Agent Compensation: 0

Property History for 105-107 Lynde Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 105-107 Lynde Street

Taxable ValueLand$398,200Additions$513,100Total$911,300
Tax Record2024$9,049 ($754 / month)
Home Facts
Baths2Total Finished SqFt2,585 SqFtAbove Grade Finished SqFt2,585 SqFtUnfinished Basement SqFt1,275 SqFtStories2Lot Size6,538 SqFtStyleDuplexYear Built1927ZoningURBCountyMIDDLESEXAPNMELR M:0D6 P:0000072

Schools near 105-107 Lynde Street

This home is within Melrose School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - K to 5
Public - K to 5
Public - K to 5
Rating
School
Distance
Hoover Elementary School
PublicK to 5

Winthrop Elementary School
PublicK to 5

Roosevelt Elementary School
PublicK to 5

Lincoln Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty, Wilson Group; Keller Williams Realty, Patrick Hopkins

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.