$1,599,000
About this home
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.
Property details
- MLS #
- 73558870
- Property type
- 4 Family
- Subdivision
- N/A
- Status
- Active
- Days on market
- 17
- On market date
- August 4, 2026
- Stories
- 4
- Garage spaces
- N/A
- Lot size
- 0.18 acres
Location
Get directions →Nearby schools
Within 10 miles · public school directory data (NCES)
- Enrollment
- 404
- Student:teacher ratio
- 12.2:1
- District
- Melrose
- Enrollment
- 844
- Student:teacher ratio
- 14.3:1
- District
- Melrose
- Enrollment
- 923
- Student:teacher ratio
- 13.4:1
- District
- Melrose
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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated 8 days 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.