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About the Listing AN2723 - TM359859
447 Pleasant St is a three-story brick building with 24 residential units consisting of 1 Studio unit and (23) 1-Bedroom/1-Bathroom units. The units are separately metered for electric, which is paid directly by the tenants. The Landlord is responsible for electric heat and hot water, common area electric, and domestic water and sewer. 447 Pleasant Street has been well maintained throughout ownership and features ample off-street parking with 21 spaces. The Property also offers an elevator and on site laundry facility, and each unit has a private walk-out patio or balcony. 447 Pleasant Street offers the opportunity to acquire a well-maintained investment Property with upside in an exceptional, urban-infill location. The subject property is ideal for a potential buyer looking for income growth and strong investment returns. In-place rents are below market rates, providing significant potential for upside by achieving market rents through programmatic upgrades to the unrenovated units.
Listing Highlights
Status
Pending
Days on Site
264
Property Type
Multi-Family
MLS ®
73380148
Year Built
1964
Total Square Footage
13,440
Lot/Acreage
0.46
County
Middlesex
Interior Details
- Bedrooms: 24
- Bathrooms: 24 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces: 0
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Garage Capacity: N/A
- Parking Spaces: 21
- Zoning: URC
- Roof: Rubber
- Others:
- Sewer: Public Sewer
- Parking Features: Off Street,Parking Spaces: 21
Financial Details
- Tax Amount: $31,085
- Taxes w/Assessments: $3,139,900
- Tax/Property ID: 652846
- Tax Year: 25
Payment Calculator
Monthly Payment
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- in Taxes
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Questions About..
447 Pleasant St Melrose, MA 02176
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