Investors or Owner Occupants!!'”Introducing a great opportunity to purchase a spectacular property with flexible uses conveniently located across from Melrose Train Station and just off Cheltenham Ave. This classic stone building has over 5,000 sq ft of estimated living space in 3-stories. The spacious main level has bedrooms, kitchen, dining room, laundry rooms; 2nd floor has 4 bedrooms and a full bath; 3rd floor has bedrooms, full bath and kitchen. The fully finished basement suite (not included in above ground living space) has 2+ bedrooms, separate living area, kitchen, full bath and a laundry facility with direct access to the rear parking area. Additionally, there is approximately 1,000 sq ft of leasable commercial space attached to the main building that can produce additional income. Off street paved lot in rear of the building provides 6+ parking spaces and additional street parking is available out front. There are separate meters and heating for commercial unit and different parts of the building. This property is in M2 multifamily zone making it flexible for investment or owner with large number of occupants. Why not live on the property and manage additional rent income!!
*This Payment Calculator is intended for educational and planning purposes only. **Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
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Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.