Incredible fully occupied 3-Family investment opportunity in Wyoming Heights section of Melrose. This Queen-Anne Victorian showcases 1st & 3rd floor 2bedroom units and a 2nd floor 3bedroom unit. High ceilings, hardwood flooring, and a time capsule featuring beautiful interior wood work. Separate utilities, including gas heating for all units and Central AC on the 3rd floor unit. All 3 apartments include in-unit laundry. Full basement for tenant storage. Location, Location, Location! Close to bus, train and commuter rail. Less than 1/2 mile to downtown Melrose ammenities. Two off-street driveways to corral 2 parking spaces per unit. Floor plans attached. Add to your investment portfolio, 1031 Exchange or consider potential condo conversion. ***Due to full occupancy, please refer to Open House times for all showings - 11am-1230pm Saturday/Sunday.***
Sold for $1,405,000
$1,405,000
4 Chestnut Park, Melrose, MA 02176
7beds
3,622sqft
3 Family - 3 Units Up/Down
Built in 1894
-- sqft lot
$1,534,200 Zestimate®
$388/sqft
$3,586 Estimated rent
Home value
$1,534,200
$1.44M - $1.63M
$3,586/mo
Zestimate® history
Owner options
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$3,586/mo
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$3,586/mo
Rent Zestimate®
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$7,122/mo
Est. payment
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$7,122/mo
Est. payment
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List your homeWhat's special
Central acGas heatingCommuter railBeautiful interior wood workSeparate utilitiesHigh ceilings
Zillow last checked:
Listing updated:
Listed by:
Sean Page 978-852-9456,
Signature Page Real Estate, LLC 781-935-3835
Bought with:
Mark Linsky
At Home Realty, Inc.
Source: MLS PIN,MLS#: 73201963
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Natural Gas
Cooling
- Central Air
Appliances
- Included: Range, Oven, Dishwasher, Refrigerator, Washer, Dryer
Features
- Flooring: Wood, Tile
- Basement: Full,Walk-Out Access,Unfinished
- Number of fireplaces: 2
Interior area
- Total structure area: 3,622
- Total interior livable area: 3,622 sqft
Property
Parking
- Total spaces: 6
- Parking features: Off Street, Paved
- Uncovered spaces: 6
Features
- Patio & porch: Screened, Deck
- Exterior features: Rain Gutters
Lot
- Size: 6,634 sqft
- Features: Corner Lot
Details
- Parcel number: 653872
- Zoning: URA
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 3 Family - 3 Units Up/Down
Materials
- Frame
- Foundation: Stone
- Roof: Shingle,Rubber
Condition
- Year built: 1894
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Gas Range
Community & neighborhood
Community
- Community features: Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Highway Access, T-Station
Location
- Region: Melrose
HOA & financial
Other financial information
- Total actual rent: 6575
Price history
| Date | Event | Price |
|---|---|---|
| 4/2/2024 | Sold | $1,405,000+12.4%$388/sqft |
Source: MLS PIN #73201963 Report a problem | ||
| 2/13/2024 | Listed for sale | $1,250,000+31.6%$345/sqft |
Source: MLS PIN #73201963 Report a problem | ||
| 9/14/2018 | Sold | $950,000$262/sqft |
Source: Public Record Report a problem | ||
| 8/4/2018 | Pending sale | $950,000$262/sqft |
Source: Brad Hutchinson Real Estate #72369619 Report a problem | ||
| 7/27/2018 | Listed for sale | $950,000+33.8%$262/sqft |
Source: Brad Hutchinson Real Estate #72369619 Report a problem | ||
| 9/18/2013 | Sold | $710,000+6%$196/sqft |
Source: Public Record Report a problem | ||
| 7/31/2013 | Listed for sale | $669,900+76.8%$185/sqft |
Source: RE/MAX Destiny #71562564 Report a problem | ||
| 6/14/2013 | Listing removed | $379,000$105/sqft |
Source: Century 21 Sexton & Donohue #71526031 Report a problem | ||
| 6/7/2013 | Price change | $379,000-2.8%$105/sqft |
Source: Century 21 Sexton & Donohue #71526031 Report a problem | ||
| 5/16/2013 | Listed for sale | $389,900-14.3%$108/sqft |
Source: Century 21 Sexton & Donohue #71526031 Report a problem | ||
| 11/8/2001 | Sold | $455,000$126/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $12,199 +4% | $1,232,200 +4.3% |
| 2024 | $11,727 -1.5% | $1,181,000 +3.4% |
| 2023 | $11,904 +4.2% | $1,142,400 +5.7% |
| 2022 | $11,424 +8.5% | $1,080,800 +12.4% |
| 2021 | $10,530 0% | $961,600 +0.9% |
| 2020 | $10,531 +8.2% | $953,000 +5.9% |
| 2019 | $9,731 +2.8% | $900,200 +7.8% |
| 2018 | $9,462 +4.1% | $835,100 +8.4% |
| 2017 | $9,090 +2.5% | $770,300 +7.1% |
| 2016 | $8,869 -0.3% | $719,300 +4.8% |
| 2015 | $8,892 +14% | $686,100 +16.8% |
| 2014 | $7,801 +11.1% | $587,400 +9% |
| 2013 | $7,023 +2.8% | $539,000 +0.7% |
| 2012 | $6,830 +2.4% | $535,300 |
| 2011 | $6,670 +5.1% | $535,300 +1.8% |
| 2010 | $6,346 +1.2% | $525,800 -4.7% |
| 2009 | $6,270 +2.9% | $551,900 -5.5% |
| 2008 | $6,091 +2.5% | $584,000 -3.4% |
| 2007 | $5,943 +5.1% | $604,600 +2.9% |
| 2006 | $5,657 +3% | $587,400 +4.1% |
| 2005 | $5,493 +14.8% | $564,000 +35.8% |
| 2004 | $4,784 +8.4% | $415,300 +15.2% |
| 2003 | $4,415 +2.6% | $360,400 +8.9% |
| 2002 | $4,304 +9.4% | $330,800 +18% |
| 2000 | $3,934 -9.2% | $280,400 +1.8% |
| 1999 | $4,331 | $275,500 |
Find assessor info on the county website
Neighborhood: Oak Grove/Pine Banks
Nearby schools
GreatSchools rating
- 7/10Lincoln Elementary SchoolGrades: K-5Distance: 0.3 mi
- 6/10Melrose Middle SchoolGrades: 6-8Distance: 0.8 mi
- 10/10Melrose High SchoolGrades: 9-12Distance: 0.8 mi
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Estimated market value
$1,534,200
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Estimated market value
$1,534,200
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