56 East Emerson Street

Melrose, MA 02176

$1,400,000
Last Sold Price
6
Beds
5
Baths
3,591 Sq. Ft.
$390 / Sq. Ft.
3,591
Sq. Ft.
$390
per Sq. Ft.

Description

Don't miss your chance to own this large 5-unit investment property. E Emerson Street is located just steps to the Melrose-Wakefield Hospital. This property consists of four (1) bedroom units and one (2) bedroom unit. Conveniently located to Rte 1, I-93, and Wyoming Hill MBTA Station.Don't miss your chance to own this large 5-unit investment property. E Emerson Street is located just steps to the Melrose-Wakefield Hospital. This property consists of four (1) bedroom units and one (2) bedroom unit. Conveniently located to Rte 1, I-93, and Wyoming Hill MBTA Station.
  1. Listed by Herrick Lutts Realty Partners • Herrick Lutts Realty Partners
  2. Listed by Nicholas Zolotas • Herrick Lutts Realty Partners

Property Details for 56 East Emerson Street

Town
Melrose
Area
MA-Melrose
Garage Spaces
0
Parking Spaces
6.00
Parking Spaces Total
6

Location

Listing Courtesy of Herrick Lutts Realty Partners, Herrick Lutts Realty Partners; Herrick Lutts Realty Partners, Nicholas Zolotas

Sold By Nicholas G. Keramaris, Nicholas G. Keramaris

Add your commute
LISTING UPDATED: 10/11/2022 07:25 PM

Property Details for 56 East Emerson Street

StatusSold
MLS #73022495
Days on Market24
Taxes$9,401 / year
HOA Fees-
Compass TypeMulti Family
MLS TypeMulti-family / 5+ Family - 5+ Units Up/Down
Year Built1900
CountyMiddlesex County

Location

Listing Courtesy of Herrick Lutts Realty Partners, Herrick Lutts Realty Partners; Herrick Lutts Realty Partners, Nicholas Zolotas

Sold By Nicholas G. Keramaris, Nicholas G. Keramaris

Add your commute

Building Information for 56 East Emerson Street

Stories9Residences5Year Built1900Building Size-Lot Size0.21 AC / 8,999 SF

Payment Calculator

$8,424 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,640

Property Taxes

$783

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 56 East Emerson Street

General Details
Property Details
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Park, Golf Course, Medical Facility, Laundromat, Highway Access, House of Worship, T-Station
  • Current Financing: Conv. Fixed
  • Living Area: 3591.0
  • SqFt with Basement: No
  • Total Units: 5
  • Waterfront: No
  • Water View: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Gas Water Heater
  • Basement Features: Unfinished Basement
  • Num of Baths: 5.0
  • Num of Full Baths: 5
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 5.00
  • Bathrooms Total Integer: 5
  • FireplaceYN: No
  • Fireplaces: 0
Exterior Features
  • Construction: Frame
  • Lot Description: Corner Lot
  • Roof Material: Shingle
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Paved Drive, Off-Street
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off-Street
  • Parking Features: Off-Street
Utilities
  • Electric: 200+ Amp Service
  • Sewer: City/Town Sewer
  • Water: Public
Property Information
Property Info
  • Farm Land Area Units: Square Feet
  • Lot Size Units: Acres
  • Road Frontage Type: Public
  • Disclosures: All Offers,If Any,Are Due Tuesday,August 16th By 5:00 Pm
Tax Information
  • Tax ID: M:0D8 P:0000069,654987
  • Assessments: $889,400
  • Book: 0
  • Tax Year: 2022
  • Zoning: URA
Building / Association Information
Living Characteristics
  • Beds Total: 6
  • Total Living Levels: 9
Other Building Characteristics
  • Foundation: Stone
Income / Expenses
  • GOI: $59,160.00
  • NOI: $59,160.00
Unit Information
Unit 1 Description
  • Floor U1: 1
  • Lease U1: N
  • Levels U1: 1
Unit 2 Description
  • Floor U2: 1
  • Lease U2: N
  • Levels U2: 1
Unit 3 Description
  • Floor U3: 2
  • Lease U3: N
  • Levels U3: 1
Unit 4 Description
  • Floor U4: 2
  • Lease U4: N
  • Levels U4: 1
Rental Info
Rental Info
  • Total Actual Rent: $3,480.00
Market and Agent Information
Sale Info
  • Buyer Broker Comp: 2
  • Other Agent Compensation: 1

Property History for 56 East Emerson 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 56 East Emerson Street

Taxable ValueLand$437,100Additions$896,200Total$1,333,300
Tax Record2024$13,240 ($1,103 / month)
Home Facts
Baths5Total Finished SqFt3,591 SqFtAbove Grade Finished SqFt3,591 SqFtUnfinished Basement SqFt1,633 SqFtStories2Lot Size8,999 SqFtStyleMulti-Family Res (5+ Units)Year Built1900ZoningURACountyMIDDLESEXAPNMELR M:0D8 P:0000069

Schools near 56 East Emerson 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
Horace Mann Elementary School
PublicK to 5

Lincoln Elementary School
PublicK to 5

Roosevelt 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 Herrick Lutts Realty Partners, Herrick Lutts Realty Partners; Herrick Lutts Realty Partners, Nicholas Zolotas

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.