A rare opportunity to acquire a four-family property in a high-demand area, offering unparalleled income potential and long-term value. Situated on one of Melrose's beautiful tree-lined residential streets. Each spacious unit features 2 bedrooms, 1 full bath, hardwood floors throughout, private rear balconies, off street parking and w/d hookups available in 2,255 sq ft basement with updated furnaces, roof and windows.Located just minutes from downtown Melrose with vibrant shops and restaurants, top-rated public schools, scenic hiking trails, and the MBTA/commuter rail, putting Boston just 7 miles away with easy access to routes 1 and 93. Whether you're an investor seeking strong rental income or a buyer looking to live in one unit while the others work for you, this property delivers on every level.
Open House: August 8th 11:00-1:00pm
| MLS Listing ID: | 73558870 |
|---|---|
| Listing Price: | $1,599,000 |
| Listing Status: | New [?] |
| Property Type: | Multi Family |
| Bedrooms: | 8 |
| Full Baths: | 4 |
| Living Space: | 4590 sf. |
| Lot Size: | 0.18 acres (7937 sf.) |
| Parking: | Yes |
| Taxes: | $10,016.00 |
| Tax Year: | 2025 |
Listing Current as of August 06, 2026 6:00am
This listing brought to you by Derek Greene of The Greene Realty Group.
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