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    536 Lebanon St

    Melrose, MA 02176
    • $929,000
    • STATUS: Active
    • MLS #: 72759020
    UPDATED: 54 min ago
    $929,000
    • 2
      BEDS
    • 0.11
      ACRES
    • 1
      BATHS
    • 1
      1/2 BATHS
    • 1,572
      SQFT
    • $591
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1855
    County:
    Area:

    School Ratings & Info

    Listing courtesy of John McMillan of Re/Max Unlimited.

    Description

    Fantastic Mix-Use opportunity for a small firm to re-locate to Melrose MA. Consistently voted one of the top towns in MA. Located directly across from Melrose/Wakefield Hospital and an easy walk to downtown and Commuter Rail. First floor office suite is perfect for Doctor/Dentist/Accountant/Lawyer/Real Estate firm. Handicap accessible first floor features includes 3 private office spaces, kitchenette, 1/2 bath and reception area, also a finished basement area that could be additional space. Was used as a medical office space in the past but could be perfect for any number of professions. Short walk to Commuter Rail to North Station. Ample parking in rear of building. Second floor 2Bed/1Bath residential unit provides additional income to help reduce expenses. Currently rent to long term tenants at $2100/month. Expansion opportunity into third floor attic space for a duplex unit. Possible condo conversion opportunity with basement and attic being partially finished. Two duplex unit

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    The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information 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. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2020-11-27T21:06:23.767.
    www.cosmopolitanrealestate.net/homes/112010370
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    536 Lebanon St Melrose, MA 02176

    • Price: $929,000
    • Status: Active
    • Updated: 54 min ago
    • MLS #: 72759020
    2
    Beds
    1
    Baths
    1
    ½ Baths
    0.11
    Acres
    1,572
    SQFT
    $591
    $/SQFT
    1855
    Built
    Neighborhood:
    Other
    County:
    Middlesex
    Area:
    Other
    Property Description
    Fantastic Mix-Use opportunity for a small firm to re-locate to Melrose MA. Consistently voted one of the top towns in MA. Located directly across from Melrose/Wakefield Hospital and an easy walk to downtown and Commuter Rail. First floor office suite is perfect for Doctor/Dentist/Accountant/Lawyer/Real Estate firm. Handicap accessible first floor features includes 3 private office spaces, kitchenette, 1/2 bath and reception area, also a finished basement area that could be additional space. Was used as a medical office space in the past but could be perfect for any number of professions. Short walk to Commuter Rail to North Station. Ample parking in rear of building. Second floor 2Bed/1Bath residential unit provides additional income to help reduce expenses. Currently rent to long term tenants at $2100/month. Expansion opportunity into third floor attic space for a duplex unit. Possible condo conversion opportunity with basement and attic being partially finished. Two duplex unit
    Exterior Features

    Beachfront No Construction Frame Exterior Vinyl Exterior Features Porch Foundation Poured Concrete Lot Description Paved DriveShared DriveGentle Slope Parking Features Off-Street Parking Spaces 2 Road Type Public Roof Material Asphalt/Fiberglass Shingles Waterfront Flag No Waterview Flag No

    Interior Features

    Appliances Unit2 DishwasherCountertop RangeRefrigeratorWasherDryer Basement Yes Basement Features FullPartially FinishedWalk OutInterior AccessSump PumpConcrete Floor Bedrooms Unit1 0 Bedrooms Unit2 2 Cooling Unit1 Wall Ac3 Or MoreUnit ControlDuctless Mini-Split System Cooling Unit2 Wall AcDuctless Mini-Split System Cooling Units 5 Cooling Zones 5 Energy Features Insulated Windows Fireplaces 0 Fireplaces Unit1 0 Fireplaces Unit2 0 Flooring WoodTileVinylVaries Per Unit Floors Unit1 1 Floors Unit2 2 Full Baths Unit1 0 Full Baths Unit2 1 Half Baths Unit1 1 Half Baths Unit2 0 Heating Unit1 Hot Water BaseboardGas Heating Unit2 Unit ControlWall UnitDuctless Mini-Split System Hot Water Natural Gas Interior Features Unit2 Cable Tv AvailableHardwood FloorsHigh Speed Internet HookupUpgraded CabinetsUpgraded Countertops Levels 4 Levels Unit1 2 Levels Unit2 2 Rooms 13 Rooms Description Unit2 Living RoomKitchenLoft Rooms Unit1 8 Rooms Unit2 5

    Property Features

    Adult Community No Amenities Public TransportationShoppingGolf CourseMedical FacilityHighway AccessPublic SchoolT-Station Apod Available No Assessments 532200.00 Disclosure Yes Disclosures Seller Operated Business in Office Space For 20Yrs. Office Space is Now Unused. Covid Protocols Required During Showings. Buyer(S) Must Do Their Own Due Diligence As To Zoning And Permitted Use. Electric Features 220 Volts Expenses Source EstimatedOwner ProvidedLimited Information Gross Operating Income 25200 Lead Paint Unknown Lease Unit1 N Lease Unit2 Y Lender Owned No Multifamily Type 2 Family - 2 Units Up/Down Net Operating Income 25200 Rent Description Unit2 Hot Water Rent Unit1 0 Rent Unit2 2100 Sewer City/Town Sewer Short Sale Lender App Required No Sq Ft Source Public Record Tax Year 2020 Taxes 5880.81 Terms Contract For Deed UFFI Unknown Utility Connections For Electric RangeWasher Hookup Warranty No Water City/Town Water Year Built Description Approximate Year Built Source Public Record Zoning Bd

    Listing information © 2020 MLS Property Information Network. All information is deemed reliable but should be independently verified.
    Listing provided courtesy of John McMillan of Re/Max Unlimited.


    The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information 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. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. Data last updated 2020-11-27T21:06:23.767.
     
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    Cosmopolitan Real Estate Inc.
    23 Salem Street
    Medford MA, 02155
    Listing courtesy of John McMillan of Re/Max Unlimited.