8 Melrose Avenue

$1,539,000

Central, Oak Bluffs, MA 02557

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Single Family Residence in Central, Oak Bluffs

3 bedrooms

·

4 bathrooms

·

1951 SqFt

·

0.25 acres

·

MLS #42249

Incredible opportunity for workforce housing, live in one/rent the other, or multi generational family living. Main house has 4 levels of living space. Main floor living/kitchen/dining/full bath and laundry. 2nd floor has two bedrooms and full bath. 3rd floor is a large finished bonus room. The full walkout basement in the main house is finished with private entry, full bath, separate rooms and laundry. The guest house was completely renovated top to bottom in 2023, new everything! Included but not limited to: new kitchen, baths, windows, roof, siding, electrical and plumbing. Landscape around guest house has new stone walls, patio, and pea stone driveway. Guest house is 1 bedroom, 1.5 bath and really is a gem. Main house has been fully rented year-round for years and may need a little TLC for the next owner, but the seller will include a new asphalt roof on main house. Guest house has been rented via airbnb and has all 5 star reviews. A new septic system was installed in 2018. This property has TONS of potential.

Property highlights

Unfurnished

Deck

Patio

Public Beach

Septic Tank

Cable

Town Water

Property Details

Association Fee:
0
Association Fee Includes:
Basement:
Main house has a full private entry finished basement with full a bath and multiple rooms.
Fireplace Features:
Flooring:
Hardwood/Tile
Foundation Types:
Full finished walkout basement
Frontage Type:
None
Heating:
GFHA
Interior Features:
MiniSplitFloor 1: (Main house) - Large front deck, kitchen, living and dining room, full bath and laundry room... (Guest house) - Open living, dining, kitchen, office nook and full bathFloor 2: (Main house)- Two bedrooms and another full bath.. (Guest house) - Bedroom and half bathFloor 3: Main - Large finished bonus room
Link MLS Comments:
Grovedale to melrose to house.. SHOWINGS: Tenants in place 24 hours notice. All showings to begin Sunday Aug 25th
Lot Features:
Yes
Parking Features:
Plenty
Possible Use:
859
Assessed Building Value:
468300.00
Assessed Land Value:
428900.00

Price History

September 14, 2024
$1,539,000
July 05, 2024
$1,550,000

Tax Information

This property was most recently assessed in 2024. It has been assessed at a value of $897,200. The annual tax responsibility for this property is $5,200.

Contact an Agent
Phone number
(508) 696-7777

Property Location

©2022 LINK, All Rights Reserved. Not responsible for misinformation or typographical errors. Prices are subject to change without notice. Listed by Martha's Vineyard Island-Wide Realty.