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381 Washington Street

Melrose, MA 02176
$1,341,000
5 Beds
3 Baths
2,950 Living Area
  • Property Description
    Two-family beauty! This home is an exceptional opportunity for owner-occupants, investors, or multigenerational living. The 2-story upper unit lives like a single featuring a light-filled primary suite, large home office or studio, & expansive views. Fully renovated over the past decade, including professional design and modern finishes. Each unit has its own private deck overlooking the landscaped, tree-lined yard as well as access to an enclosed shared front porch. Owned solar panels provide added efficiency & energy savings. Outside, enjoy a rare, large fenced-in yard, 2-car garage & additional rear parking. Close to downtown Melrose, commuter rail, Oak Grove orange line, I-93, & the Middlesex Fells, offering a seamless blend of nature, convenience, & access to Boston. A rare opportunity to own a turnkey multi with both lifestyle appeal & strong investment upside, making this an ideal setup to offset your mortgage or build long-term wealth with confidence.
  • Highlights
    • Cooling: None, Heat Pump, Ductless
    • Levels: 4
    • Property Class: Residential Income
    • Stories: 4
    • Year Built: 1922
    • Heating: Central, Natural Gas
    • Parking Spots: 8
    • Property Type: Multi Family
    • Total Rooms: 14
    • Status: Closed
  • Additional Details
    • Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer, Disposal
    • Construction: Frame
    • Exterior Features: Balcony/Deck, Rain Gutters, Professional Landscaping, Fruit Trees
    • Flooring: Tile, Hardwood, Stone/Ceramic Tile
    • Interior Features: Ceiling Fan(s), Pantry, Lead Certification Available, Storage, Upgraded Cabinets, Upgraded Countertops, Remodeled, Crown Molding, Bathroom With Tub & Shower, Living Room, Dining Room, Kitchen, Laundry Room, Office/Den
    • Roof: Shingle
    • Total Number of Units: 2
    • Year Built Source: Builder
    • Basement: Full, Partially Finished
    • Exclusions: All Appliances Included. Swing Set Remains.
    • Fireplaces: 1
    • Foundation: Block
    • Road Frontage Type: Public
    • SqFt Source: Public Record
    • Year Built Details: Actual, Renovated Since
    • Zoning: Ura
  • Amenities
    • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Laundromat, Conservation Area, Highway Access, House of Worship, Public School, T-Station
    • Parking Features: Paved Drive, Off Street, Driveway
    • Covered Parking Spaces: 2
  • Utilities
    • Electric: Circuit Breakers
    • Water Source: Public
    • Sewer: Public Sewer
  • Fees / Taxes
    • Assessed Value: $810,600
    • Tax Year: 2025
    • Total Rent: $6,800
    • Rental Fee Includes: Unit 1(Heat, Gas, Water, Hot Water)
    • Taxes: $8,025

Location

381 Washington Street, Melrose, MA 02176

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