NOT LISTED FOR SALE
6 Beds
5 Baths
3,591 Sq Ft
9,148 Sq Ft Lot

Last Sold October 07, 2022

Last sale price $1,400,000 $390 Per Sq Ft

7 Days on Market

Highlights

  • Golf Course Community
  • Medical Services
  • Corner Lot
  • Winthrop Elementary School Rated A
  • Property is near public transit
  • Park

About This Home

As of October 2022

Don't miss your chance to own this large 5-unit investment property. E Emerson Street is located just steps to the Melrose-Wakefield Hospital. This property consists of four (1) bedroom units and one (2) bedroom unit. Conveniently located to Rte 1, I-93, and Wyoming Hill MBTA Station.

Last Agent to Sell the Property

Herrick Lutts Realty Partners

Herrick Lutts Realty Partners Listed on: 08/08/2022

Co-Listed By

Nick Zolotas

Herrick Lutts Realty Partners

Last Buyer's Agent

Nick Keramaris

Nicholas G. Keramaris

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,401

Year Built

  • Built in 1900

Lot Details

  • 8,999 Sq Ft Lot
  • Corner Lot

Home Design

  • 3,591 Sq Ft Home
  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 5 Full Bathrooms

Parking

  • 6 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Location

  • Property is near public transit

Utilities

  • 200+ Amp Service
  • Gas Water Heater

Additional Features

  • Unfinished Basement

Listing and Financial Details

  • Total Actual Rent $3,480
  • Assessor Parcel Number M:0D8 P:0000069,654987

Community Details

Overview

  • 5 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops
  • Coin Laundry

Recreation

  • Golf Course Community
  • Park

Building Details

  • Net Operating Income $59,160

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,401

Year Built

Built in 1900

Lot Details

8,999 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5+ Family - 5+ Units Up/Down
  • Year Built: 1900
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Net Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 9

Interior Features

  • Fireplace YN: No
  • Appliances: Gas Water Heater
  • Total Bedrooms: 6
  • Full Bathrooms: 5
  • Total Bathrooms: 5
  • Basement: Unfinished
  • Living Area: 3591
  • Stories Total: 9
  • MAIN LO: AN6507
  • MAIN SO: AC2444

Exterior Features

  • Construction Materials: Frame
  • Foundation Details: Stone
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 6

Utilities

  • Sewer: Public Sewer
  • Electric: 200+ Amp Service
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Golf, Medical Facility, Laundromat, Highway Access, House of Worship, T-Station

Lot Info

  • Parcel Number: M:0D8 P:0000069,654987
  • Zoning: URA
  • Farm Land Area Units: Square Feet
  • Lot Features: Corner Lot
  • Lot Size Acres: 0.21
  • Lot Size Sq Ft: 8999
  • Lot Size Units: Acres
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 9401

Multi Family

  • Net Operating Income: 59160
  • Number Of Units Total: 5
  • Total Actual Rent: 3480
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 4: 1
  • LEVELS 3: 1
  • LEASE 4: N
  • LEASE 3: N
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 3: 2
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/07/2022 10/07/22 Sold $1,400,000 +8.1% $390 / Sq Ft
08/16/2022 08/16/22 Pending -- -- --
08/08/2022 08/08/22 For Sale $1,295,000 -- $361 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $135 $1,361,500 $465,300 $896,200
2024 $13,240 $1,333,300 $437,100 $896,200
2023 $9,268 $889,400 $423,000 $466,400
2022 $9,401 $889,400 $423,000 $466,400
2021 $8,816 $805,100 $394,800 $410,300
2020 $8,299 $751,000 $352,500 $398,500
2019 $7,725 $714,600 $325,700 $388,900
2018 $7,463 $658,700 $296,100 $362,600
2017 $7,465 $632,600 $282,000 $350,600
2016 $7,408 $600,800 $275,000 $325,800
2015 $7,189 $554,700 $246,700 $308,000
2014 $6,992 $526,500 $218,500 $308,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73022495

MLS Property Information Network (MLS PIN)
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