4 Family at 40 Hurd St, Melrose MA 02176, Melrose
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28 photos

$1,295,000

40 Hurd St, Melrose MA 02176
Melrose, MA 02176
Listed by Jonathan Mathews
Bedrooms
9
Bathrooms
4
Living area
3,519 sqft
Year built
1900

About this home

Giant 4 Unit in the heart of Melrose! Well-maintained property offering strong income potential and flexible living arrangements. This spacious multi-unit building features 9 bedrooms and 4 full baths across approximately 3,519 sq ft of living space. Units offer functional layouts with bright living areas, updated kitchens, hardwood/vinyl flooring, and separately metered utilities. Additional highlights include off-street parking, shared laundry, and a full basement for storage. Conveniently located near downtown Melrose shops, restaurants, parks, schools, and public transportation, including the Wyoming Hill commuter rail station for easy access to Boston. Excellent opportunity to expand your investment portfolio or offset your mortgage with rental income in one of Melrose’s most desirable neighborhoods

Property details

MLS #
73583975
Property type
4 Family
Subdivision
N/A
Status
Active
Days on market
1
On market date
September 29, 2026
Stories
5
Total bathrooms
4
Garage spaces
N/A
Parking spaces
3
Lot size
0.09 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Lincoln
0.09 mi away · Grades 0-5
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
404
Student:teacher ratio
12.2:1
District
Melrose
Middle
Melrose Middle
0.79 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
844
Student:teacher ratio
14.3:1
District
Melrose
High
Melrose High
0.81 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
923
Student:teacher ratio
13.4:1
District
Melrose

Walkability

Blended score for Melrose's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

88
Highly walkable
out of 100
EPA National Walkability Index
16.0 / 20 -- Most walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores6
Parks20
Schools15
Transit stops20
Pharmacies2

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Adjust tax / insurance estimates
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/mo
Est. monthly payment
$7,949/mo
$259,000 down
$1,036,000 loan
Principal & interest$6,719
Property tax (est.)$1,079
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 10 hr ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.