Sold!
$1,122,000
4
Beds
3
Baths
2,047
Living Area
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Property Description
Exceptional, well-maintained two-family property offering an outstanding opportunity for both owner-occupants and savvy investors. This versatile home features a highly desirable layout with strong rental income potential, a two-car garage, and off-street parking for up to six additional vehicles—an uncommon amenity in the area. The full walk-out basement provides abundant storage and added functionality. Ideally located just minutes from Oak Grove MBTA Station, commuter rail, parks, shops and vibrant downtown Melrose. The property is perfectly positioned to attract commuters and tenants seeking convenience and accessibility. Close to 93/95/Rte 1. The spacious yard offers the ideal setting for outdoor entertaining or gardening. Whether you're looking to expand your investment portfolio, generate reliable rental income, or live in one unit while offsetting your mortgage with rental income from the other, this property offers exceptional long-term value and investment potential.
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Highlights
- Cooling: Ductless, Central Air
- Levels: 2
- Property Class: Residential Income
- Stories: 2
- Year Built: 1928
- Heating: Oil, Individual, Ductless, Natural Gas
- Parking Spots: 8
- Property Type: 2 Family - 2 Units Up/Down
- Total Rooms: 13
- Status: Closed
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Additional Details
- Appliances: Oven, Dishwasher, Range, Refrigerator, Range Hood
- Construction: Frame
- Exterior Features: Rain Gutters
- Foundation: Granite
- Lot Features: Cleared, Level
- Roof: Shingle
- Total Number of Units: 2
- Year Built Source: Public Records
- Basement: Full, Partially Finished, Walk-Out Access, Interior Entry, Sump Pump, Concrete
- Exclusions: Refrigerator And Washer/Dryer In The Basement.
- Flooring: Tile, Vinyl, Varies, Hardwood, Stone/Ceramic Tile
- Interior Features: Ceiling Fan(s), Bathroom With Tub & Shower, Floored Attic, Walk-Up Attic, Other, Living Room, Dining Room, Kitchen, Office/Den
- Road Frontage Type: Public
- SqFt Source: Measured
- Year Built Details: Approximate
- Zoning: Urb
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Amenities
- Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, Sidewalks
- Parking Features: Paved Drive, Off Street, Paved
- Covered Parking Spaces: 2
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Utilities
- Electric: Circuit Breakers
- Water Source: Public
- Sewer: Public Sewer
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Fees / Taxes
- Assessed Value: $834,800
- Tax Year: 2025
- Rental Fee Includes: Unit 1(Water), Unit 2(Water)
- Taxes: $8,265
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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 Keller Williams Realty.
MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
