38-40 Hurd Street
$1,395,000
9
Beds
4
Baths
3,519
Sqft
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$1,395,000
9
Beds
4
Baths
3,519
Living Area
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Property Description
Investor and owner-occupant opportunity in the heart of Melrose! Well-maintained 4-family property offering strong income potential and flexible living arrangements. This spacious multi-unit building features 9 bedrooms and 4 full baths across approximately 3,519 sq ft of living space. Units offer functional layouts with bright living areas, updated kitchens, hardwood/vinyl flooring, and separately metered utilities. Additional highlights include off-street parking, shared laundry, and a full basement for storage. Conveniently located near downtown Melrose shops, restaurants, parks, schools, and public transportation, including the Wyoming Hill commuter rail station for easy access to Boston. Excellent opportunity to expand your investment portfolio or offset your mortgage with rental income in one of Melrose’s most desirable neighborhoods
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Highlights
- Levels: 5
- Property Class: Residential Income
- Stories: 5
- Year Built: 1900
- Parking Spots: 3
- Property Type: 4 Family - 4 Units Up/Down
- Total Rooms: 19
- Status: Active
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Additional Details
- Basement: Full
- Foundation: Stone
- SqFt Source: Public Record
- Year Built Details: Actual
- Zoning: Ura
- Exterior Features: Rain Gutters
- Roof: Shingle
- Total Number of Units: 4
- Year Built Source: Public Records
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Amenities
- Community Features: Public Transportation, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, T-Station
- Parking Features: Paved Drive, Off Street
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $1,153,000
- Taxes: $11,415
- Tax Year: 2025
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Listing information provided courtesy of Legacy Realty Advisors LLC.
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