333 Main St Immeuble residentiel 23 lots 6 705 545 € (291 545 €/Lot) Taux de capitalisation 6,39 % Melrose, MA 02176

Horvath & Tremblay is pleased to present the exclusive sale of the multifamily investment property located at 333 Main Street in Melrose, Massachusetts (the “Property”). Centrally located in the heart of Melrose, the Property is in a walkable location in the city’s downtown with access to its vibrant shops, dining amenities, and municipal offices. The Property offers excellent access to the US Route 1 retail corridor in Saugus, home to countless national and local retailers and restaurants. The Wyoming Hill MBTA Station with service on the Haverhill Line to Boston’s North Station is just 0.1 miles away, and the area’s highways offer a convenient commute to both Boston and the North Shore. 333 Main Street offers the rare opportunity to acquire a well-located asset in one of the strongest real estate markets in a region that is poised for future growth. The Property consists of a four-story brick building with twenty-three (23) residential units consisting of seven (7), 1-Bedroom/1-Bathroom units, fifteen (15), 2-Bedroom/1-Bathroom units, and one (1), 3-Bedroom/1- Bathroom unit with 22,324 square feet of living area in 25,104 square feet of gross area on a 0.47-acre parcel. The units, which feature hardwood flooring, are separately metered for heat (electric), hot water (electric) and electricity, which are paid for directly by the tenants. The Landlord is responsible for common area electric and domestic water and sewer. 333 Main Street features ample off-street parking with twenty-three (23) spaces. The Property also offers an on-site laundry facility, and each unit has a private walk-out patio or balcony. 333 Main 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. The Melrose submarket continues to accelerate thanks to continued commercial and infrastructure development in the area and rents are expected to rise over the coming years. The Property offers excellent access to Downtown Melrose, Interstate 93, the Wyoming Hill and Oak Grove MBTA Train Stations, and the extensive US Route 1 trade area in Saugus.