35 Melbourne St

Boston, MA
$ 1,525,000 Beds 8 Baths 6 Sq 3,874 Virtual Tour
Monthly Estimate* How much can I afford?

**PRICE DROP OF $50,000** TURNKEY ** 35 Melbourne is fully occupied 4-Unit transit oriented investment property fully rented through 8/31/2021. This property is a true turnkey investment taking in $105,540 per year or roughly $9K per month. The location is perfect for renters, making it a great long term investment near the Shawmut Redline Station (0.2 mile walk). The property went through an extensive renovation in 2018 which included a new construction entire third floor addition. That renovation also included new kitchens, new roof, new windows, upgraded bathrooms, sprinkler system, fire alarm and new hardi-plank siding. There is room to increase rents, and there is upside to this is investment especially with expansion potential in the basement. Buyer to due diligence, serious inquiries only. TAKE THE VIRTUAL TOUR!

Multi-Family

  • Price
  • $ 1,525,000
  • Lot Size
  • 2,614 SqFt
  • Bedrooms
  • 8
  • Sqr Footage
  • 3,874
  • Full Bathrooms
  • 6
  • Year Built
  • 1960
  • Half Bathrooms
  • 0
  • City, Zip
  • Boston
  • Taxes
  • 4585
  • County
  • SUFFOLK
  • Style
  • 4 Family - 4 Units Side by Side
  • Area
  • Dorchesters Dorchester Center
  • MLS#
  • 72699347
  • Zip
  • 02124
Listing Provided by: Anne Biele-McClure with Revival Realty.

Features

General

Construction Material Frame
Electrical Equipment/Features 200 Amps
Flooring Hardwood
Full Baths 6
Levels 6
Parking Features Off-Street
Roof Asphalt/Composition Shingles
Square Feet 3874.00
State Massachusetts
Unit 1 Rent 1750
Unit 2 Rent 2600
Unit 3 Rent 1770
Unit 4 Rent 2675
Year End Expenses 12/20

Interior Features

Basement Features Concrete Floor, Unfinished Basement
Bedrooms (1) 1
Bedrooms (2) 3
Bedrooms (3) 1
Bedrooms (4) 3
Hot Water Natural Gas
Total Bedrooms 8
Total Number of Units 4

Exterior Features

Exterior Fiber Cement Siding
Foundation Poured Concrete
Lot Description Paved Drive

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,068

Per Month

Based on the average sale price from the Worcester, Massachusetts office

  • Monthly Principal & interest $1,939
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

7/28/2020 Listed $1,575,000
8/25/2020 4% - $1,525,000

Property vs Zip Code Average in 02124

Price
AVG $1.36M
$1.53M
Visits
AVG 14
20
Year Built
AVG 1919
1960

Map

Areas That We Cover

35 Melbourne St Boston, MA is a Single Family Home for sale at $1525000 with 3874 sqft and a lot size of 2,614 SqFt Acre(s). 35 Melbourne St Boston has 8 bedrooms, 6 baths and was built in 1960. The property's zip code is 02124 which is in Boston, MA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.