
40-42 Tappan St Melrose, MA 02176
Wyoming NeighborhoodEstimated payment $5,388/month
Highlights
- Medical Services
- Property is near public transit
- Sun or Florida Room
- Lincoln Elementary School Rated A-
- Wood Flooring
- Screened Porch
About This Home
Calling all visionaries! Here's your chance to write the next chapter of this beloved Melrose two-family, carefully stewarded by the same family since Elvis was topping the charts. While this home might need a refresh (think more "time capsule" than "turn-key"), its bones are as solid as its location is spectacular. Perfectly perched just steps from downtown Melrose's foodie paradise and the commuter rail, this property is also a hop and skip from the wilderness wonderland of Middlesex Fells. Leave your car in the two car driveway and walk to everything that makes Melrose one of Greater Boston's most coveted communities. Amidst the vintage vibes inside lie original hardwood floors, and a generous deep lot outside begs for your garden dreams. The possibilities here are endless, but it's perfect for house hackers: live in one unit while rental income helps fund your renovation vision. Or, reimagine both units for maximum return. Opportunities like this one do not come along often!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,818
Year Built
- Built in 1920
Lot Details
- 7,048 Sq Ft Lot
- Fenced
- Level Lot
- Garden
Home Design
- Duplex
- Block Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 2,130 Sq Ft Home
- Property has 1 Level
- Window Screens
- Living Room
- Dining Room
- Sun or Florida Room
- Screened Porch
- Storage
- Wood Flooring
- Storm Windows
Kitchen
- Range
- Dishwasher
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Full Bathrooms
- Bathtub with Shower
Laundry
- Dryer
- Washer
Unfinished Basement
- Walk-Out Basement
- Basement Fills Entire Space Under The House
Parking
- 2 Car Parking Spaces
- Driveway
- Paved Parking
- Open Parking
- Off-Street Parking
Outdoor Features
- Rain Gutters
Location
- Property is near public transit
- Property is near schools
Schools
- Lincoln Elementary School
- Melrose Middle School
- Melrose High School
Utilities
- Heating System Uses Oil
- 100 Amp Service
Listing and Financial Details
- Assessor Parcel Number M:0B8 P:0000001,653197
Community Details
Overview
- 2 Units
Amenities
- Medical Services
- Shops
Recreation
- Park
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
05/12/2025 05/12/25 | Pending | -- | -- | -- |
05/07/2025 05/07/25 | For Sale | $850,000 | -- | $399 / Sq Ft |
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Source: MLS Property Information Network (MLS PIN)
MLS Number: 73370664

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