Price Reduction - Golf Course - Eco Friendly
536 Lebanon St Melrose, MA
$ 919,000
Property Attributes
  • MLS#72759020
  • TypeMulti-Family
  • CityMelrose
  • Zip02176
  • Style2 Family - 2 Units Up/Down
  • Year Built1855
  • Taxes$ 5880
  • Price$ 919,000
  • Bedrooms2
  • Full Bathrooms1
  • Half Bathrooms1
  • Sqr Footage1572
  • Lot Size4,792 SqFt
Listing Provided Courtesy Of:
John McMillan with RE/MAX Unlimited.
Data Source:
Property Description

Fantastic Mix-Use opportunity for a small firm to re-locate to Melrose MA. Consistently voted one of the top towns in MA. Located directly across from Melrose/Wakefield Hospital and an easy walk to downtown and Commuter Rail. First floor office suite is perfect for Doctor/Dentist/Accountant/Lawyer/Real Estate firm. Handicap accessible first floor features includes 3 private office spaces, kitchenette, 1/2 bath and reception area, also a finished basement area that could be additional space. Was used as a medical office space in the past but could be perfect for any number of professions. Short walk to Commuter Rail to North Station. Ample parking in rear of building. Second floor 2Bed/1Bath residential unit provides additional income to help reduce expenses. Currently rent to long term tenants at $2100/month. Expansion opportunity into third floor attic space for a duplex unit. Possible condo conversion opportunity with basement and attic being partially finished. Two duplex unit

Price History
11/19/2020 Listed $929,000
4/29/2021 2% - $919,000

General Features

Construction Material Frame
Cooling Units 5
Cooling Zones 5
Electrical Equipment/Features 220 Volts
Energy Features Insulated Windows
Exterior Features Porch
Flooring Wood, Tile, Vinyl, Varies Per Unit
Full Baths 1
Half Baths 1
Lead Paint Unknown
Levels 4
Parking Features Off-Street, Common, Other (See Remarks)
Parking Spaces 20
Roof Asphalt/Fiberglass Shingles
Sewer City/Town Sewer
Square Feet 1572.00
State Massachusetts
Unit 2 Rent 2100

Interior Features

Basement Features Full, Partially Finished, Walk Out, Interior Access, Sump Pump, Concrete Floor
Bedrooms (2) 2
Hot Water Natural Gas
Total Bedrooms 2
Total Number of Units 2

Exterior Features

Exterior Vinyl
Foundation Poured Concrete
Lot Description Paved Drive, Shared Drive, Gentle Slope


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 02176

AVG $920K
AVG $5,880
AVG 154
Year Built
AVG 1855

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