21 Parker Street

Melrose, MA 02176

$617,000
Last Sold Price
5
Beds
2
Baths
2,294 Sq. Ft.
$269 / Sq. Ft.
2,294
Sq. Ft.
$269
per Sq. Ft.

Description

Investor alert! With limited multi family inventory in Melrose you will want to see this great income producing property. Close to downtown Melrose, it's an easy walk to Main Street with all its charming shops, restaurants, exercise facilities, public transportation, etc. Tenants pay for their own heat, hot water and electric. Landlord pays water, sewer & trash removal which is approximately $2200/year. Roof and one water heater new in 2014/2015. Furnaces are older but working. Units are spacious....Investor alert! With limited multi family inventory in Melrose you will want to see this great income producing property. Close to downtown Melrose, it's an easy walk to Main Street with all its charming shops, restaurants, exercise facilities, public transportation, etc. Tenants pay for their own heat, hot water and electric. Landlord pays water, sewer & trash removal which is approximately $2200/year. Roof and one water heater new in 2014/2015. Furnaces are older but working. Units are spacious. High ceilings, hardwood floors, replacement windows, low maintenance yard, plenty of storage and Victorian charm.
  1. Listed by Amber Orton • RE/MAX Platinum
  2. Listed by Karen Regan • RE/MAX Platinum

Property Details for 21 Parker Street

Town
Melrose
Area
MA-Melrose
Garage Spaces
0
Parking Spaces
2.00
Parking Spaces Total
2

Location

Listing Courtesy of RE/MAX Platinum, Amber Orton; RE/MAX Platinum, Karen Regan

Sold By Century 21 Shawmut Properties, James Brasco

Add your commute
LISTING UPDATED: 08/06/2022 06:35 AM

Property Details for 21 Parker Street

StatusSold
MLS #72096891
Days on Market31
Taxes$5,439 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 2 Family
Year Built1900
CountyMiddlesex County

Location

Listing Courtesy of RE/MAX Platinum, Amber Orton; RE/MAX Platinum, Karen Regan

Sold By Century 21 Shawmut Properties, James Brasco

Add your commute

Building Information for 21 Parker Street

Stories4Residences2Year Built1900Building Size-Lot Size0.07 AC / 3,200 SF

Payment Calculator

$3,820 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,367

Property Taxes

$453

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 21 Parker Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, Sidewalks
  • Current Financing: Conv. Fixed
  • Living Area: 2294.0
  • Color: Lt Brown
  • Total Units: 2
  • Waterfront: No
  • Water View: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Location/School
  • Grade School: Apply
  • High School: Mhs
  • Middle School: Mvmms
Features
Interior Features
  • Appliances: Unit 1(Range, Refrigerator, Washer, Dryer), Unit 2(Range, Dishwasher, Utility Connections for Gas Range, Utility Connections for Electric Dryer
  • Basement Features: Full
  • 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: Tile, Laminate, Hardwood, Unit 1(undefined), Unit 2(Tile Floor, Hardwood Floors)
  • Interior Features: Unit 1(Pantry, Storage, Philadelphia, Bathroom With Tub), Unit 2(Ceiling Fans, Pantry, Unit 1 Rooms(Living Room, Dining Room, Kitchen), Unit 2 Rooms(Living Room
  • Laundry Features: Washer Hookup
Exterior Features
  • Construction: Frame
  • Exterior Features: Porch
  • Patio And Porch Features: Porch
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Off-Street, Paved Driveway
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street, Paved Driveway
  • Parking Features: Off-Street, Paved Driveway
Utilities
  • Electric: Circuit Breakers
  • Heating: Unit 1(Forced Air, Oil, Unit Control), Unit 2(Forced Air, Gas
  • Heating: Yes
  • Sewage District: MWRA
  • Sewer: City/Town Sewer
  • Utility Connections: for Gas Range, for Electric Dryer, Washer Hookup
  • Water: Public
Property Information
Property Info
  • UFFI: Unknown
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Road Responsibility: Public Maintained Road
  • Disclosures: Please see all documents attached by "paperclip". Rents listed are for former tenants who vacated this summer. Units are currently empty. Property sold as-is.
Tax Information
  • Listing Terms: Contract
  • Tax ID: M:0D8 P:0000108,655024
  • Assessments: $441,100
  • Book: 11730
  • Tax Year: 2016
  • Zoning: URA
Building / Association Information
Living Characteristics
  • Beds Total: 5
  • Total Living Levels: 4
Other Building Characteristics
  • Foundation: Stone
  • Cooling Units: 0
  • Cooling Zones: 0
  • Heat Units: 2
  • Heat Zones: 2
Income / Expenses
  • Annual Expenses Source: Owner
  • GOI: $40,200.00
  • GRE: $2,200
  • NOI: $40,200.00
  • Operating Expense: $2,200.00
  • WSE: $2,200.00
Complex & Association Information
  • Adult Community: No
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 2
Unit 2 Description
  • Floor U2: 2
  • Lease U2: N
  • Levels U2: 2
Rental Info
Rental Info
  • Total Actual Rent: $3,350.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2.0
  • Other Agent Compensation: 2.0

Property History for 21 Parker 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 21 Parker Street

Taxable ValueLand$369,600Additions$389,000Total$758,600
Tax Record2024$7,533 ($628 / month)
Home Facts
Baths2Total Finished SqFt2,301 SqFtAbove Grade Finished SqFt2,301 SqFtUnfinished Basement SqFt955 SqFtStories2Lot Size3,202 SqFtStyleDuplexYear Built1900ZoningURACountyMIDDLESEXAPNMELR M:0D8 P:0000108

Schools near 21 Parker 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
Lincoln Elementary School
PublicK to 5

Hoover Elementary School
PublicK to 5

Horace Mann Elementary School
PublicK to 5

Winthrop 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.

Similar Homes

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Similar Sold Homes

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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 RE/MAX Platinum, Amber Orton; RE/MAX Platinum, Karen Regan

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.