$1,050,000

Estimated payment $6,361/month

Total Views 424
4 Beds
3 Baths
2,047 Sq Ft
$513 Price per Sq Ft

Highlights

  • Medical Services
  • Deck
  • Wood Flooring
  • Lincoln Elementary School Rated A-
  • Property is near public transit and schools
  • Attic

About This Home

Exceptional, well-maintained two-family property offering an outstanding opportunity for both owner-occupants and savvy investors. This versatile home features a highly desirable layout with strong rental income potential, a two-car garage, and off-street parking for up to six additional vehicles—an uncommon amenity in the area. The full walk-out basement provides abundant storage and added functionality. Ideally located just minutes from Oak Grove MBTA Station, commuter rail, parks, shops and vibrant downtown Melrose. The property is perfectly positioned to attract commuters and tenants seeking convenience and accessibility. Close to 93/95/Rte 1. The spacious yard offers the ideal setting for outdoor entertaining or gardening. Whether you're looking to expand your investment portfolio, generate reliable rental income, or live in one unit while offsetting your mortgage with rental income from the other, this property offers exceptional long-term value and investment potential.

Listing Agent

Joyce Diliegro

J. Barrett & Company Listed on: 07/08/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,265

Year Built

  • Built in 1928

Lot Details

  • 5,942 Sq Ft Lot
  • Level Lot
  • Cleared Lot

Parking

  • 2 Car Garage
  • Driveway
  • 6 Open Parking Spaces
  • Off-Street Parking

Home Design

  • Duplex
  • Frame Construction
  • Shingle Roof
  • Marble or Granite Building Materials

Interior Spaces

  • 2,047 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Window Screens
  • Living Room
  • Dining Room
  • Home Office
  • Washer and Dryer Hookup
  • Attic

Kitchen

  • Oven
  • Range with Range Hood
  • Dishwasher

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House
  • Interior Basement Entry
  • Sump Pump

Outdoor Features

  • Deck
  • Rain Gutters

Location

  • Property is near public transit and schools

Schools

  • Apply Elementary School
  • Melrose Middle School
  • Melrose High School

Utilities

  • Ductless Heating Or Cooling System
  • Central Air
  • 1 Cooling Zone
  • 2 Heating Zones
  • Heating System Uses Natural Gas
  • Heating System Uses Oil
  • Individual Controls for Heating

Listing and Financial Details

  • Assessor Parcel Number M:0C4 P:0000041,653515

Community Details

Overview

  • 2 Units
  • Near Conservation Area

Amenities

  • Medical Services
  • Shops

Recreation

  • Tennis Courts
  • Community Pool
  • Park
  • Jogging Path
  • Bike Trail

Building Details

  • Net Operating Income $38,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,265

Year Built

Built in 1928

Lot Details

5,942 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1928
  • Levels: 2
  • Year Built Details: Approximate
  • Year Round: Yes
  • APOD AVAILABLE: No
  • MLSPIN_BEACHFRONT_FLAG: No
  • Special Features: OpenHouse
  • Stories: 2

Interior Features

  • Flooring: Tile, Vinyl, Varies, Hardwood, Stone/Ceramic Tile
  • Interior Amenities: Ceiling Fan(s), Bathroom With Tub & Shower, Floored Attic, Walk-Up Attic, Other, Living Room, Dining Room, Kitchen, Office/Den
  • Fireplace YN: No
  • Appliances: Oven, Dishwasher, Range, Refrigerator, Range Hood
  • Total Bedrooms: 4
  • Basement YN: Yes
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Laundry Features: Washer & Dryer Hookup, Washer Hookup, Dryer Hookup, Electric Dryer Hookup
  • Basement: Full, Partially Finished, Walk-Out Access, Interior Entry, Sump Pump, Concrete
  • Above Grade Finished Sq Ft: 2047
  • Living Area: 2047
  • Spa YN: No
  • Stories Total: 2
  • Window Features: Box/Bay/Bow Window(s), Screens
  • MAIN LO: C95243

Exterior Features

  • Exterior Features: Rain Gutters
  • Construction Materials: Frame
  • Foundation Details: Granite
  • Home Warranty YN: No
  • Patio And Porch Features: Deck - Wood
  • Road Frontage Type: Public
  • Road Surface Type: Paved
  • Roof: Shingle
  • Waterfront YN: No
  • Waterview Flag: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking Spaces: 2
  • Garage YN: Yes
  • Open Parking Spaces: 6
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 8

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range, for Electric Dryer, Washer Hookup
  • Cooling: Ductless, Central Air
  • Heating: Oil, Individual, Ductless, Natural Gas
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 2
  • COOLING ZONES: 1
  • Hot Water: Oil

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, Sidewalks
  • Rent Includes: Unit 1(Water), Unit 2(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:0C4 P:0000041,653515
  • Zoning: URB
  • Farm Land Area Units: Square Feet
  • Lot Features: Cleared, Level
  • Lot Size Acres: 0.14
  • Lot Size Sq Ft: 5942
  • Lot Size Units: Acres

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 8265

Multi Family

  • Net Operating Income: 38400
  • Number Of Units Total: 2
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • COOLING UNITS: 1
  • LEASE 2: N
  • LEASE 1: N

MLS Schools

  • High School: Melrose High
  • Elementary School: Apply
  • Middle Or Junior School: Melrose Middle

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/08/2026 07/08/26 For Sale $1,050,000 -- $513 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73546276

MLS Property Information Network (MLS PIN)
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