For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search

35-41 Brazil St Melrose, MA 02176

For Sale
$1,325,000

Four units with income potential near transportation and recreation.

Lot size:
0.35 Acres

Property Features for 35-41 Brazil St

General Information

Lot size
0.35 Acres

Building Details

Year built
1895

Source: Leading Edge Real Estate Agent Kim Izzi

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


Overview

Melrose Multifamily Investment Opportunity

This multifamily property in Melrose features four units and seven parking spots. The property offers potential for increased rental income, with current rents below market value, estimated at $2,300 per unit. Each unit benefits from separate utilities, individual basement storage with laundry facilities, private outdoor space, and eat-in kitchens. Three of the four units are currently rented, with one recently vacated. The location provides convenient access to transportation, being steps from the Oak Grove Orange Line, MBTA Commuter Rail, and a bus line stop, facilitating commutes to Boston. Additionally, the property is near the Fells Reservation, offering access to hiking trails and outdoor recreation. The property presents opportunities for optimizing rents for steady cash flow or exploring condo conversion potential.
Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon 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
Melrose
County
Middlesex
State
Massachusetts
Longitude
-71.0731629
Latitude
42.441007

FAQs

What type of property is this?
Quadplex - Four units with income potential near transportation and recreation.
Where is this quadplex located?
The property is located at 35-41 Brazil St Melrose, MA.
What is the asking price?
The asking price for this property is $1,325,000.
What are key features of this property?
This property features: - High income potential: Increase rents by $2,300/month per unit.; - Prime location: Steps from Oak Grove Orange Line, MBTA Commuter Rail, and Bus Line for easy access to Boston.; - Outdoor recreation: Close proximity to the Fells Reservation hiking trails.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message