536 Lebanon St

Melrose, MA
$ 929,000 Beds 0 Baths 0 Sq 1,503
Monthly Estimate* How much can I afford?

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

Commercial

  • Price
  • $ 929,000
  • Lot Size
  • 4,792 SqFt
  • Bedrooms
  • 0
  • Sqr Footage
  • 1,503
  • Full Bathrooms
  • 0
  • Year Built
  • 1855
  • Half Bathrooms
  • 0
  • City, Zip
  • Melrose
  • Taxes
  • 5880
  • County
  • MIDDLESEX
  • Style
  • Office
  • Area
  • MLS#
  • 72757034
  • Zip
  • 02176
Listing Provided by: John McMillan with RE/MAX Unlimited.

Amenities

  • 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

Affordability Calculator

$3,068

Per Month

Based on the average sale price from the Medfield, MA office

  • Monthly Principal & interest $1,939
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

11/13/2020 Listed $929,000

Property vs Zip Code Average in 02176

Price
AVG $290K
$930K
Taxes
AVG $10,205
$5,880
Visits
AVG 19
9
Year Built
AVG 1958
1855

Map

536 Lebanon St Melrose, MA is a Single Family Home for sale at $929000 with 1503 sqft and a lot size of 4,792 SqFt Acre(s). 536 Lebanon St Melrose has 0 bedrooms, 0 baths and was built in 1855. The property's zip code is 02176 which is in Melrose, MA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.