LEADING EDGE REAL ESTATE

The Beaton Team

Leading Edge Real Estate
 

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55-57 Cottage St
Melrose, MA. 02176-3701

Middlesex County
Directions: Main St To West Wyoming St (pass Wyoming Hill Mbta Station ), Right
On Cottage St.

MLS # 72224144 - Sold
Multi-Family 2 Family - 2 Units Side by Side   White

List Price $539,900 Days on Market  
List Date   # Units 2
Sale Price $560,000 # Floors  
Sold Date 10/27/17 Rooms 10
Assessed Value $449,200 Bedrooms 4
Gross Living Area 1,665SF Full Baths 2
Lot Size 6,362SF Half Baths 0
Taxes $5,301.00 Fireplaces  
Tax Year 2017 Basement Yes
Zoning URA Waterfront No
Est. Street Front   Beach Nearby No
Year Built 1900 Parking Spaces 6
    Garage Spaces 2

Remarks:

Looking for a bit of urban living but with room to breathe and no parking issues? Welcome to 55-57 Cottage Street! Presenting a wonderful two family duplex home with five rooms and two bedrooms each side. Featuring front and back porches, separate entrances, separate utilities and hardwood floors throughout. One side has been updated. Both sides offer comfortable living space, replacement windows, plenty of natural light, a newer roof, (2013) and newer water heaters, (2015 and 2017). Situated on a generous lot, this fine property also includes a two car garage and two driveways! With a walkability score of 84, it is an easy distance to the commuter rail (0.2 miles) and 0.4 miles to trendy Downtown Melrose. Also, steps away from the Bigelow Community Playground! A rare and valuable opportunity as an investment or as owner occupancy with rental income!

Features
Amenities   Public
   Transportation, Shopping
Basement   Full, Interior
   Access, Bulkhead,
   Unfinished Basement
Construction   Frame
Electricity   Circuit
   Breakers
Energy   Insulated Windows
Exterior   Vinyl
Exterior Feat.   Porch,
   Porch - Enclosed
Flooring   Tile, Vinyl,
   Hardwood
Foundation   Fieldstone,
   Brick
Hot Water   Natural Gas,
   Tank
Lead Paint   Unknown
Lot   Paved Drive,
   Easements, Level
Parking   Off-Street,
   Stone/Gravel, Paved
   Driveway
Road   Public, Sidewalk
Roof   Asphalt/Fiberglass
   Shingles
Sewer / Water   City/Town
   Sewer, City/Town Water
Utility Connections   for
   Gas Range, for Electric
   Dryer, Washer Hookup
Units
Unit 1 Appliances: Range, Dishwasher, Microwave; Bedrooms: 2; Cooling: None; Floor: 1; Full Baths: 1;
     Heating: Hot Water Baseboard, Oil, Unit Control; Interior: Ceiling Fans, Cable TV Available,
     Cathedral/Vaulted Ceilings, Tile Floor, Hardwood Floors, Remodeled, Skylight; Lease: No; Levels:
     2; Rooms: 5; Rooms Desc.: Living Room, Dining Room, Kitchen
Unit 2 Appliances: Range; Bedrooms: 2; Cooling: None; Floor: 1; Full Baths: 1; Heating: Forced Air, Oil,
     Unit Control; Interior: Hardwood Floors; Lease: No; Levels: 2; Rent: 1250; Rooms: 5; Rooms Desc.:
     Living Room, Dining Room, Kitchen
Financial Info
Gross Oper. Income   $14,400 Net Oper. Income   $14,400
Additional Information
APOD Available?   No
Anticipated Sale Date  
   10/27/2017
Deed   Book: 53502, Page:
   75
Disclosures   In #57 /
   left unit : no heat in
   bathroom & passive heat
   in both bedrooms .
   Driveway easement for
   benefit of 53 Cottage St
   to access garage on 53
   Cottage. 55-57 has
   driveways on each side of
   home with a 2 car garage
   on right side.
Exclusions   Refrigerators
   (2) , Washer Machines
   (2), Dryers (2)
Foreclosure   No
GLA Source   Public Record
Off Market Date   9/26/17
Parcel #   M:0B6 P:0000033
Schools   Grade School:
   check w/ SUPT., Middle
   School: Melrose Middle,
   High School: Melrose Mem
Seller Disclosure Doc  
   Yes
Short Sale   No
Terms   Contract for Deed
Year Built Desc.  
   Approximate
Year Built Source   Public
   Record

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Property Last Updated by Listing Office: 10/27/17 1:46pm

Courtesy: MLSPIN

Listing Office: RE/MAX Leading Edge Listing Agent: The Beaton Team


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