NOT LISTED FOR SALE

660 Main St Melrose, MA 02176

Downtown Melrose Neighborhood
11 Beds
7 Baths
4,156 Sq Ft
9,984 Sq Ft Lot

Last Sold July 17, 2023

Last sale price $1,800,000 $433 Per Sq Ft

19 Days on Market

Highlights

  • Marina
  • Medical Services
  • Deck
  • Lincoln Elementary School Rated A-
  • 0.23 Acre Lot
  • Property is near public transit

About This Home

As of July 2023

ATTENTION INVESTORS AND DEVELOPERS: Prime opportunity in transit-oriented, downtown Melrose - named one of the hottest zip codes in America! Ideally located on Main Street surrounded by shops, restaurants, Starbucks and Cafe Nero, 0.3 mi to the Cedar Park Commuter Rail station, 1.6 mi to the Oak Grove Orange line station, and minutes to beautiful Ell Pond. Seven units in two buildings with flexible floor plans ranging from studios to 2-3 bed layouts. Features include hardwood floors, high ceilings, and large kitchens with gas cooking. 660 Main Street is comprised of 5 units plus an unfinished basement. 662-664 Main Street is the rear building with 2 floor-through units, an unfinished basement and decks. Ample parking with 9-10 off-street surface spaces. BD Zoning district. Sold as-is. Buyer to perform all due diligence.

Last Agent to Sell the Property

The Collective

Compass Listed on: 05/06/2023

Compass

Last Buyer's Agent

The Collective

Compass Listed on: 05/06/2023

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,465

Year Built

  • Built in 1900

Lot Details

  • 9,984 Sq Ft Lot
  • Near Conservation Area
  • Level Lot

Home Design

  • 4,156 Sq Ft Home
  • Stone Foundation

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 11 Bedrooms
  • 7 Full Bathrooms

Parking

  • 9 Car Parking Spaces
  • Driveway
  • Paved Parking
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Balcony
  • Deck

Location

  • Property is near public transit
  • Property is near schools

Utilities

  • Water Heater

Additional Features

  • Unfinished Basement

Listing and Financial Details

  • Total Actual Rent $11,325

Community Details

Overview

  • 7 Units
  • Property has 1 Level

Amenities

  • Medical Services
  • Shops

Recreation

  • Marina
  • Park
  • Jogging Path
  • Bike Trail

Building Details

  • Net Operating Income $82,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,465

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 5-9 Family
  • Year Built: 1900
  • Buyer Agency: 2%
  • Buyer Agency Type: %
  • Dual Variable: Yes
  • Transaction Broker: 1%
  • Transaction Broker Type: %
  • Year Built Details: Approximate
  • SUB AGENCY OFFERED: No
  • Compensation Based On: Gross/Full Sale Price
  • APOD AVAILABLE: Yes
  • ResoPropertyType: ResidentialIncome
  • Special Features: VirtualTour
  • Stories: 8

Interior Features

  • Flooring: Wood,Laminate
  • Fireplace YN: No
  • Appliances: Tank Water Heater
  • Total Bedrooms: 11
  • Full Bathrooms: 7
  • Total Bathrooms: 7
  • Total Bathrooms: 7
  • Basement: Unfinished
  • Living Area: 4156
  • Spa YN: No
  • Stories Total: 8
  • MAIN LO: AN2383
  • LIST PRICE PER Sq Ft: 445.14
  • PRICE PER Sq Ft: 433.11
  • MAIN SO: AN2383

Exterior Features

  • Exterior Features: Balcony
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Deck
  • Road Frontage Type: Public
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 9

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Marina, Private School, Public School, T-Station
  • Senior Community YN: No

Lot Info

  • Zoning: BD
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.23
  • Lot Size Area: 0.23
  • Lot Size Sq Ft: 9984
  • Lot Size Units: Acres
  • PAGE: 143
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 13465
  • Tax Book Number: 1337

Multi Family

  • Gross Income: 82500
  • Net Operating Income: 82500
  • Number Of Units Total: 7
  • Total Actual Rent: 11325
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEVELS 3: 1
  • LEASE 2: N
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 4: 2
  • FLRS 3: 2
  • FLRS 2: 1

Range of Values:

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Sold Price
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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 Change Sq Ft Price
07/17/2023 07/17/23 Sold $1,800,000 -2.7% $433 / Sq Ft
05/26/2023 05/26/23 Pending -- -- --
05/06/2023 05/06/23 For Sale $1,850,000 +131.3% $445 / Sq Ft
04/17/2013 04/17/13 Sold $800,000 -19.6% $160 / Sq Ft
03/18/2013 03/18/13 Pending -- -- --
07/13/2012 07/13/12 For Sale $995,500 -- $199 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2023

    The Collective

    Compass

    (617) 807-0853

    1 in this area

    142 Total Sales

    Section Image
  • Joyce Diliegro

    Seller's Agent in 2013

    Joyce Diliegro

    J. Barrett & Company

    (781) 760-9575

    34 Total Sales

    Section Image

  • D

    Buyer's Agent in 2013

    Diego Zapata

    Tremont Realty Group, LLC

    Section Image
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Map

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73108300

MLS Property Information Network (MLS PIN)

Massachusetts Middlesex County Melrose 02176 Downtown Melrose

660 Main St, Melrose, MA

This home is located at 660 Main St, Melrose, MA 02176 since 06 May 2023. This property was built in 1900. 660 Main St is a home located in Middlesex County with nearby schools including Lincoln Elementary School, Horace Mann Elementary School, and Winthrop Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Property Information Network (MLS PIN) 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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