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    2 Elm St Wellesley, MA 02481

    For Sale
    $1,775,000

    Multi-family home with high ceilings and oversized rooms.

    Lot size:
    0.26 Acres

    Property Features for 2 Elm St

    General Information

    Lot size
    0.26 Acres

    Building Details

    Year built
    1885

    Source: Keller Williams Realty Boston-Metro | Back Bay Agent Debbie Adamidis

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Spacious Multi-Family Home

    This multi-family home includes two units and three levels of living space. The units feature high ceilings and oversized rooms with natural light. Unit 1 is currently empty and includes a large chef's kitchen with a Thermador range, Sub-Zero refrigerator, custom cabinetry, granite countertops, and an eat-in dining area. A formal dining room with hardwood floors extends to the family room, office, and half bath on the main level. The second and third floors have four bedrooms and three full baths. Unit 2 has two levels of living space, an updated kitchen with granite countertops, custom cabinetry, tile flooring, and recessed lighting. A combined living room and dining room, and a full bath are located on the first level. The second floor contains two bedrooms and a second living room with a large closet. Each unit has a private entry, separate access to a private fenced-in outdoor space, and separate laundry areas. The property is located in a neighborhood convenient to the commuter rail and the amenities of Wellesley Hills.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wellesley
    County
    Norfolk
    State
    Massachusetts
    Longitude
    -71.2692403
    Latitude
    42.3165688

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    FAQs

    What type of property is this?
    Duplex - Multi-family home with high ceilings and oversized rooms.
    Where is this duplex located?
    The property is located at 2 Elm St Wellesley, MA.
    What is the asking price?
    The asking price for this property is $1,775,000.
    What are key features of this property?
    This property features: - Two separate units, each with private entry, fenced-in outdoor space, and laundry areas.; - Unit 1 features a **chef's kitchen with Thermador Range and Sub Zero Refrigerator**.; - Spacious multi-family home with high ceilings and oversized rooms.
    (617) 510-6019
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2 Elm St Wellesley, MA 02481
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