35 Melbourne Street
35 Melbourne Street
$1,436,950
8
6
3,174
3,174
$453
Sold 11/20/20
Description
Price drop of $50,000 Turnkey 35 Melbourne is fully occupied 4-Unit transit oriented investment property fully rented through 8/31/2021. This property is a true turnkey investment taking in $105,540 per year or roughly $9K per month. The location is perfect for renters, making it a great long term investment near the Shawmut Redline Station (0.2 mile walk). The property went through an extensive renovation in 2018 which included a new construction entire third floor addition. That renovation also...Price drop of $50,000 Turnkey 35 Melbourne is fully occupied 4-Unit transit oriented investment property fully rented through 8/31/2021. This property is a true turnkey investment taking in $105,540 per year or roughly $9K per month. The location is perfect for renters, making it a great long term investment near the Shawmut Redline Station (0.2 mile walk). The property went through an extensive renovation in 2018 which included a new construction entire third floor addition. That renovation also included new kitchens, new roof, new windows, upgraded bathrooms, sprinkler system, fire alarm and new hardi-plank siding. There is room to increase rents, and there is upside to this is investment especially with expansion potential in the basement. Buyer to due diligence, serious inquiries only. Take the virtual tour! This property is contigent due to financing.. Seller is taking backup offers subject to financing
- Listed by Anne Biele-McClure • Revival Realty
Property Details for 35 Melbourne Street
Town
Boston
MLS AreaDorchester's Dorchester Center
AreaMA-Boston-Dorchester's Dorchester Center, MA-Boston
Garage Spaces0
Parking Spaces.00
Location
LISTING UPDATED: 08/06/2022 07:28 AM
Property Details for 35 Melbourne Street
Status | Sold |
---|---|
MLS # | 72699347 |
Days on Market | 70 |
Taxes | $4,585 / year |
HOA Fees | - |
Compass Type | Multi Family |
MLS Type | Multi-family / 4 Family - 4 Units Side by Side |
Year Built | 1960 |
County | Suffolk County |
Location
Building Information for 35 Melbourne Street
Stories6Residences4Year Built1960Building Size-Lot Size0.06 AC / 2,442 SF
Payment Calculator
$8,224 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 35 Melbourne Street
Property History for 35 Melbourne Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 35 Melbourne Street
Taxable ValueLand$154,900Additions$299,600Total$454,500
Tax Record2024$4,954 ($413 / month)
Home Facts
Total Finished SqFt2,392 SqFtAbove Grade Finished SqFt2,392 SqFtStories2Lot Size2,442 SqFtStyleMulti-Family Res (5+ Units)Year Built1960Year Renovated2018ZoningR4CountySUFFOLKAPNDORC W:16 P:01423 S:000
Schools near 35 Melbourne Street
This home is within Boston School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 1 | |||
Public - | 6 to 12 | |||
Public - | PK to 3 | |||
Public - | 2 to 12 |
Rating | School | Distance |
---|---|---|
Henderson Inclusion Elementary School PublicPK to 1 | ||
Techboston Academy Public6 to 12 | ||
Lee Academy PublicPK to 3 | ||
Henderson K-12 Inclusion School Upper Public2 to 12 |
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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