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40 Cutter St

Melrose, MA 02176
$785,000
5 Beds
2 Baths
2,031 Living Area
  • Property Description
    LOCATION, LOCATION, LOCATION - Well cared for turn-key 2-family, low maintenance and each unit is certified de-leaded. Ideal for owner occupied or investment. Top floor unit has 3 bedrooms, living, dining room and kitchen and large deck. The lower unit has 2 bedrooms, livingroom and kitchen. In the lower level there is storage/utility room and laundry for both units. Manageable yard with storage shed. Both tenants would like to stay if possible. All this in wonderful Melrose with good shopping and restaurants, close to Boston and highway.
  • Highlights
    • Cooling: Unit 1(None)
    • Parking Spots: 4
    • Property Type: 2 Family - 2 Units Up/Down
    • Year Built: 1970
    • Heating: Unit 1(Hot Water Baseboard, Gas), Unit 2(Hot Water Baseboard, Gas)
    • Property Class: Residential Income
    • Total Rooms: 10
    • Status: Closed
  • Additional Details
    • Appliances: Unit 1(Range, Dishwasher, Refrigerator), Unit 2(Range, Dishwasher, Refrigerator), Utility Connections for Electric Range, Utility Connections for Electric Oven, Utility Connections for Electric Dryer
    • Exterior Features: Deck, Storage Shed
    • Foundation: Concrete Perimeter
    • Interior Features: Other (See Remarks), Unit 1(Lead Certification Available, Storage, Bathroom With Tub & Shower), Unit 2(Lead Certification Available, Storage, Bathroom With Tub & Shower), Unit 1 Rooms(Living Room, Kitchen), Unit 2 Rooms(Living Room, Dining Room, Kitchen)
    • Road Frontage Type: Public
    • Total Number of Units: 2
    • Year Built Source: Public Records
    • Construction: Frame
    • Flooring: Tile, Laminate, Hardwood, Wall to Wall Carpet, Unit 2(Tile Floor, Hardwood Floors)
    • Foundation Area: 924
    • Lot Features: Corner Lot
    • Roof: Shingle
    • Year Built Details: Actual
    • Zoning: xxx
  • Amenities
    • Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Laundromat, Highway Access, House of Worship, Public School, T-Station
    • Parking Features: Paved Drive, Off Street
  • Utilities
    • Electric: Circuit Breakers
    • Water Source: Public
    • Sewer: Public Sewer
  • Fees / Taxes
    • Assessed Value: $676,600
    • Compensation Based On: Net Sale Price
    • Rental Fee Includes: Unit 1(Heat, Water), Unit 2(Heat, Electric, Hot Water)
    • Taxes: $7,050
    • Buyer Agent Compensation: 2.5%
    • Facilitator Compensation: 2.5%
    • Tax Year: 2023
    • Total Rent: $4,275

Location

40 Cutter 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 Barrett Sotheby's International Realty. 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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