Seller's Agent in 2023
William Senne
Senne
(617) 775-4655
119 Total Sales
25 Melrose St Boston, MA 02116
3
Beds
4
Baths
2,500
Sq Ft
901
Sq Ft Lot
Highlights
- Medical Services
- Property is near public transit
- Park
- Deck
- Wood Flooring
- 1-minute walk to Bay Village Neighborhood Park
About This Home
As of March 2023Impressive 4-family opportunity uniquely positioned between Boston Common, South End and The Copley Plaza in Historic Bay Village. The fully occupied brick row house features three 1-bedroom and one studio apartments with opportunity for rent increases and additional development. The first and lower level units have been newly renovated with modern kitchen and baths, featuring stainless steel appliances, recessed lighting, mini split systems, and in-unit laundry. The second and third floor 1-bedroom units are well maintained with spacious bedrooms and living spaces, hardwood floors, natural light, a wood deck and detailed finishes. 25 Melrose boasts an impressive leasing history; tenants enjoy easy access to Tufts, Back Bay and Arlington MBTA stops, I-90 and I-93. All units are leased through August 31st, 2023. Heat and hot water are included in rent, electricity is separately metered. This is an incredible investment opportunity in the Boston market.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,906
Year Built
- Built in 1900
Lot Details
- 901
Home Design
- Brick Exterior Construction
- Rubber Roof
Interior Spaces
- 2,500 Sq Ft Home
- Finished Basement
- Basement Fills Entire Space Under The House
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 4 Full Bathrooms
Location
- Property is near public transit
- Property is near schools
Additional Features
- Deck
- 901 Sq Ft Lot
Listing and Financial Details
- Total Actual Rent $11,165
- Assessor Parcel Number 3357989
Community Details
Overview
- 4 Units
- Property has 1 Level
Amenities
- Medical Services
- Shops
- Coin Laundry
Recreation
- Park
- Bike Trail
Building Details
- Net Operating Income $133,980
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/30/2023 03/30/23 | Sold | $2,000,000 | -5.9% | $800 / Sq Ft |
| 03/18/2023 03/18/23 | Pending | -- | -- | -- |
| 02/23/2023 02/23/23 | Price Changed | $2,125,000 | -2.1% | $850 / Sq Ft |
| 02/02/2023 02/02/23 | Price Changed | $2,170,000 | -1.1% | $868 / Sq Ft |
| 01/09/2023 01/09/23 | Price Changed | $2,195,000 | -2.4% | $878 / Sq Ft |
| 11/03/2022 11/03/22 | Price Changed | $2,250,000 | -1.1% | $900 / Sq Ft |
| 10/05/2022 10/05/22 | Price Changed | $2,275,000 | -5.2% | $910 / Sq Ft |
| 09/26/2022 09/26/22 | For Sale | $2,400,000 | +41.2% | $960 / Sq Ft |
| 09/09/2021 09/09/21 | Sold | $1,700,000 | 0.0% | $895 / Sq Ft |
| 06/09/2021 06/09/21 | Pending | -- | -- | -- |
| 05/11/2021 05/11/21 | Off Market | $1,700,000 | -- | -- |
| 04/13/2021 04/13/21 | For Sale | $1,979,000 | -- | $1,042 / Sq Ft |
Source: MLS Property Information Network (MLS PIN)
Tax History Compared to Growth
Agents Affiliated with this Home
-
William Senne
-
Kerry D'Ambroise
Buyer's Agent in 2023
Kerry D'Ambroise
Columbus and Over Group, LLC
(978) 821-2187
62 Total Sales
-
Jerome Bibuld
Seller's Agent in 2021
Jerome Bibuld
Red Tree Real Estate
(617) 642-5456
94 Total Sales
Map
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73040987
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The property listing data and information, or the Images, 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, and the Images, 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, or as to the accuracy of any of the Images, set forth herein.
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