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.
4,590 Sq Ft
7,937 Sq Ft Lot Size
investment
$835 Monthly Tax
Built in 1900
MLS/Listing ID 73558870
4 Stories
4 Units
Balcony - Deck
Vinyl
Hardwood
Block
Thermostat
Heating - Forced Air
Heating - Natural Gas
Heating - Individual
Heating - Unit Control
Ceiling Fans
Bathroom with Tub
Smart Thermostat
Living Room
Office/Den
Gas Dryer Hookup
Washer Hookup
Lot - Level
Parking - Off Street
Parking - Paved
Shingle
Insulated Windows
Public Sewer
Public Water
Community - Shopping
Community - Tennis Courts
Community - Park
Community - Walk/Jog Trails
Community - Golf
Community - Medical Facility
Community - Laundromat
Community - Bike Path
Community - Conservation Area
Community - Highway Access
Community - House of Worship
Community - Public School
Community - T-Station
Community - Sidewalks
Range
Dishwasher
Microwave
Range Hood
Community - Public Transportation
TOTAL MONTHLY COST
$0
$0
$0