Sold for $1,050,000

$1,050,000

14-16 Emerson Pl, Melrose, MA 02176

7beds

3,741sqft

3 Family

Built in 1880

-- sqft lot

$-- Zestimate^®

$281/sqft

$-- Estimated rent

Home value

Not available

Estimated sales range

Not available

Zestimate^® history

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What's special

A rare investment opportunity! This 3 family home is located in a convenient neighborhood. Easy access to different transportation options and close to all the amenities. This spacious 3 unit multifamily home offers 7 bedrooms and 3 bathrooms over 3741 sqft. While you can live in one unit and rent out the others. The rental income can help to cover your mortgage. The Basement is large and neat offers plenty of space. Coin-operated laundry is in the basement. Unit 1 (lease ended 7/31/24) tenants would love to stay. Unit 2 (lease ended 1/31/24) & Unit 3 (TAW) will be delivered vacant at closing. OH Sat (3/2) 3:30-5pm; Sun (3/3) 11:30-1pm. ****Only unit 1 and unit 3 will be shown at OH****

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 7
Bathrooms: 3
Full bathrooms: 3

Heating

Natural Gas, Oil

Appliances

Included: Washer, Dryer, Range, Dishwasher, Disposal, Refrigerator
Laundry: Electric Dryer Hookup, Washer Hookup

Features

Laundry Room, Living Room, Dining Room, Kitchen
Flooring: Tile, Laminate, Hardwood
Basement: Full,Unfinished
Number of fireplaces: 2

Interior area

Total structure area: 3,741
Total interior livable area: 3,741 sqft

Property

Parking

Total spaces: 5
Parking features: Paved Drive
Uncovered spaces: 5

Features

Patio & porch: Porch
Exterior features: Balcony
Fencing: Fenced

Lot

Size: 4,922 Square Feet
Features: Level

Details

Additional structures: Shed(s)
Parcel number: M:0C8 P:0000025,654170
Zoning: URB

Construction

Type & style

Home type: MultiFamily
Property subtype: 3 Family

Materials

Frame
Foundation: Stone
Roof: Shingle

Condition

Year built: 1880

Utilities & green energy

Electric: 100 Amp Service
Sewer: Public Sewer
Water: Public
Utilities for property: for Gas Range, for Gas Oven, for Electric Dryer, Washer Hookup

Community & HOA

Community

Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Highway Access, Private School, Public School, T-Station

Location

Region: Melrose

Financial & listing details

Price per square foot: $281/sqft
Tax assessed value: $680,800
Annual tax amount: $7,094
Date on market: 1/18/2026
Exclusions: Tenants' Properties.
Total actual rent: 5400

Price history

Date	Event	Price
3/25/2024	Sold	$1,050,000+6.1%$281/sqft
Source: MLS PIN #73191963 Report a problem
2/29/2024	Listed for sale	$989,900$265/sqft
Source: MLS PIN #73191963 Report a problem
1/14/2024	Listing removed	$989,900$265/sqft
Source: MLS PIN #73191963 Report a problem
1/9/2024	Listed for sale	$989,900$265/sqft
Source: MLS PIN #73191963 Report a problem