$850,000
PENDING

Estimated payment $5,388/month

Total Views 2,658
5 Beds
2 Baths
2,130 Sq Ft
$399 Price per Sq Ft

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!

Listing Agent

Adam Shulman

Leading Edge Real Estate Listed on: 05/07/2025

Leading Edge Real Estate

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,818

Year Built

Built in 1920

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: 2 Family - 2 Units Up/Down
  • Year Built: 1920
  • Levels: 3
  • Year Built Details: Actual
  • APOD AVAILABLE: No
  • ResoPropertyType: ResidentialIncome
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour
  • Stories: 3

Interior Features

  • Flooring: Hardwood
  • Interior Amenities: Pantry, Bathroom With Tub & Shower, Storage, Living Room, Dining Room, Kitchen, Laundry Room, Sunroom
  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
  • Total Bedrooms: 5
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bathrooms: 2
  • Laundry Features: Electric Dryer Hookup
  • Basement: Full, Walk-Out Access, Unfinished
  • Above Grade Finished Sq Ft: 2130
  • Living Area: 2130
  • Spa YN: No
  • Stories Total: 3
  • Window Features: Storm Window(s), Screens
  • MAIN LO: AN4643
  • LIST PRICE PER Sq Ft: 399.06
  • PRICE PER Sq Ft: 399.06

Exterior Features

  • Exterior Features: Rain Gutters, Garden
  • Construction Materials: Frame
  • Fencing: Fenced
  • Foundation Details: Block
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Enclosed, Screened
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street, Paved
  • Total Parking Spaces: 2

Utilities

  • Sewer: Public Sewer
  • Utilities: for Electric Range, for Electric Oven, for Electric Dryer
  • Heating: Oil
  • Electric: 100 Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • Hot Water: Tankless

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Park, Medical Facility, House of Worship, Public School, T-Station
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:0B8 P:0000001,653197
  • Zoning: URA
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.16
  • Lot Size Area: 0.16
  • Lot Size Sq Ft: 7048
  • Lot Size Units: Acres
  • PAGE: 511
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 7818
  • Tax Book Number: 66586

Multi Family

  • Number Of Units Total: 2
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 1
  • LEASE 2: N
  • LEASE 1: N
  • FLRS 1: 1
  • FLRS 2: 2

MLS Schools

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

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Source: MLS Property Information Network (MLS PIN)

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Source: MLS Property Information Network (MLS PIN)

MLS Number: 73370664

MLS Property Information Network (MLS PIN)