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40-42 Tappan St

Melrose, MA 02176
$875,000
5 Beds
2 Baths
2,130 Living Area
  • Property Description
    Calling all visionaries! Here's your chance to write the next chapter of this beloved Melrose two-family, carefully stewarded by the same family since Elvis was topping the charts. While this home might need a refresh (think more "time capsule" than "turn-key"), its bones are as solid as its location is spectacular. Perfectly perched just steps from downtown Melrose's foodie paradise and the commuter rail, this property is also a hop and skip from the wilderness wonderland of Middlesex Fells. Leave your car in the two car driveway and walk to everything that makes Melrose one of Greater Boston's most coveted communities. Amidst the vintage vibes inside lie original hardwood floors, and a generous deep lot outside begs for your garden dreams. The possibilities here are endless, but it's perfect for house hackers: live in one unit while rental income helps fund your renovation vision. Or, reimagine both units for maximum return. Opportunities like this one do not come along often!
  • Highlights
    • Heating: Oil
    • Parking Spots: 2
    • Property Type: 2 Family - 2 Units Up/Down
    • Total Rooms: 11
    • Status: Closed
    • Levels: 2
    • Property Class: Residential Income
    • Stories: 2
    • Year Built: 1920
  • Additional Details
    • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
    • Construction: Frame
    • Flooring: Hardwood
    • Interior Features: Pantry, Bathroom With Tub & Shower, Storage, Living Room, Dining Room, Kitchen, Laundry Room, Sunroom
    • Road Frontage Type: Public
    • SqFt Source: Public Record
    • Year Built Details: Actual
    • Zoning: Ura
    • Basement: Full, Walk-Out Access, Unfinished
    • Exterior Features: Rain Gutters, Garden
    • Foundation: Block
    • Lot Features: Level
    • Roof: Shingle
    • Total Number of Units: 2
    • Year Built Source: Public Records
  • Amenities
    • Community Features: Public Transportation, Shopping, Park, Medical Facility, House of Worship, Public School, T-Station
    • Parking Features: Paved Drive, Off Street, Paved
  • Utilities
    • Electric: 100 Amp Service
    • Water Source: Public
    • Sewer: Public Sewer
  • Fees / Taxes
    • Assessed Value: $789,700
    • Taxes: $7,818
    • Tax Year: 2025

Location

40-42 Tappan St, Melrose, MA 02176

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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 Flow Realty, Inc.. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information.
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