Property Details
Basic Information
- Property SubType: 4 Family
- MLS Number: 73558870
- Mls Status: New
- List Price: $1,599,000
- Date Listed: 08/04/2026
- Units: 4
- Description: 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.
Building
- Acreage: 0.18
- Square Feet: 4,590
- Year Built: 1900
- Zoning: URA
- Stories: 4
- Rooms: 18
- Roof: Shingle
- Foundation: Block
Location
- County: Middlesex
- Town: Melrose
Finance
- Taxes: $10,016
Interior Features
Bedrooms
- Bedrooms: 8
Bathrooms
- Bathrooms: 4
- Full Baths: 4
Basement
- Basement: Full, Interior Entry, Concrete, Slab
Interior Features
- Interior Features: Ceiling Fan(s), Bathroom With Tub, Smart Thermostat, Living Room, Kitchen, Office/Den
Exterior Features
Exterior Features
- Exterior Features: Balcony/Deck
Utilities and Appliances
Utilities and Appliances
- Utilities: For Gas Range, For Electric Range, For Gas Oven, For Electric Oven, For Gas Dryer, Washer Hookup, Varies Per Unit
- Appliances: Range, Dishwasher, Microwave, Range Hood
- Appliances Included: Range, Dishwasher, Microwave, Range Hood
Community
Amenities
- Amenities: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Public School, T-Station, Sidewalks
- Other Amenities: Basement, Golf, Tennis