Rare opportunity to own a well-maintained 3-family home in Melrose’s desirable East Side/Mt. Hood neighborhood! Offering exceptional versatility and investment potential, this property is ideal for investors, owner-occupants, landlords, and multi-generational living alike. Potential exists to easily combine the 2nd and 3rd floor units for expanded owner living space while maintaining rental income. Units 1 and 2 feature sun-filled living and dining areas, spacious rooms, and functional layouts ideal for everyday living and entertaining. Unit 3 was fully renovated in 2018 and offers hardwood floors throughout, central A/C, and exterior deck access overlooking the tree-lined neighborhood. Fantastic location less than 1 mile to downtown Melrose, commuter rail, restaurants, and shopping. Generous yard perfect for summer gatherings with ample parking and storage to complete this exceptional opportunity! Come see for yourself!
Open House: May 29th 5:00-6:30pm
| MLS Listing ID: | 73525746 |
|---|---|
| Listing Price: | $1,249,000 |
| Listing Status: | New [?] |
| Property Type: | Multi Family |
| Bedrooms: | 5 |
| Full Baths: | 4 |
| Living Space: | 3027 sf. |
| Lot Size: | 0.17 acres (7200 sf.) |
| Parking: | Yes |
| Taxes: | $9,196.00 |
| Tax Year: | 2025 |
Listing Current as of May 29, 2026 12:00pm
This listing brought to you by The DiPietro and Bekkenhuis Group of LAER Realty Partners.
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