$879,900
4
Beds
2
Baths
1,811
Living Area
-
Property Description
Positioned just moments from downtown Melrose, this well-maintained two-family offers a rare opportunity to own in one of the city's most sought-after and convenient locations. From coffee shops and restaurants to local boutiques, the library, parks, commuter rail, and seasonal farmers market, everything that makes Melrose such a desirable place to live is right outside your door. With a NEW ROOF and the first-floor unit now VACANT, the property offers added flexibility for an owner-occupant or investor. Both units feature updated kitchens with stone countertops, generous living spaces, and wood floors throughout much of each unit. The second-floor unit is currently occupied by a tenant-at-will. A shared outdoor patio creates additional space to relax or gather, while four off-street parking spaces provide a valuable convenience rarely found this close to downtown. Whether you're looking to move right in while generating rental income or add to your investment portfolio, this property combines location, flexibility, and opportunity in the heart of Melrose.
-
Highlights
- Heating: Baseboard, Oil, Electric
- Parking Spots: 4
- Property Type: Multi Family
- Total Rooms: 9
- Status: Active
- Levels: 2
- Property Class: Residential Income
- Stories: 2
- Year Built: 1860
-
Additional Details
- Appliances: Range, Refrigerator, Microwave
- Construction: Frame
- Flooring: Wood, Tile
- Interior Features: Living Room, Kitchen, Mudroom
- Roof: Shingle
- Total Number of Units: 2
- Year Built Source: Public Records
- Basement: Full, Interior Entry, Concrete, Unfinished
- Exclusions: See Info Pack
- Foundation: Block, Stone
- Road Frontage Type: Public
- SqFt Source: Measured
- Year Built Details: Approximate
- Zoning: Urd
-
Amenities
- Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station
- Parking Features: Paved Drive, Off Street
-
Utilities
- Electric: Circuit Breakers
- Water Source: Public
- Sewer: Public Sewer
-
Fees / Taxes
- Assessed Value: $755,300
- Tax Year: 2026
- Total Rent: $4,600
- Rental Fee Includes: Unit 1(Heat, Water, Hot Water, Other (See Remarks)), Unit 2(Heat, Water, Hot Water, Other (See Remarks))
- Taxes: $8,663
Similar Listings
Sold
37 Photos
Sold
19 Photos
Sold
42 Photos
Sold
41 Photos
Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of Leading Edge Real Estate.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.