$1,122,000

$1,050,000 6.9%

Est. payment - /mo

4 Beds

3 Baths

2,047 SqFt

UPDATED:

Key Details

Sold Price $1,122,000

Property Type Multi-Family

Sub Type 2 Family - 2 Units Up/Down

Listing Status Sold

Purchase Type For Sale

Square Footage 2,047 sqft

Price per Sqft $548

MLS Listing ID 73546276

Sold Date 09/15/26

Bedrooms 4

Full Baths 3

Year Built 1928

Annual Tax Amount $8,265

Tax Year 2025

Lot Size 6,098 Sqft

Acres 0.14

Property Sub-Type 2 Family - 2 Units Up/Down

Property Description

Exceptional, well-maintained two-family property offering an outstanding opportunity for both owner-occupants and savvy investors. This versatile home features a highly desirable layout with strong rental income potential, a two-car garage, and off-street parking for up to six additional vehicles—an uncommon amenity in the area. The full walk-out basement provides abundant storage and added functionality. Ideally located just minutes from Oak Grove MBTA Station, commuter rail, parks, shops and vibrant downtown Melrose. The property is perfectly positioned to attract commuters and tenants seeking convenience and accessibility. Close to 93/95/Rte 1. The spacious yard offers the ideal setting for outdoor entertaining or gardening. Whether you're looking to expand your investment portfolio, generate reliable rental income, or live in one unit while offsetting your mortgage with rental income from the other, this property offers exceptional long-term value and investment potential.

Location

State MA

County Middlesex

Zoning URB

Direction use gps for location

Rooms

Basement Full, Partially Finished, Walk-Out Access, Interior Entry, Sump Pump, Concrete

Interior

Interior Features Ceiling Fan(s), Bathroom With Tub & Shower, Floored Attic, Walk-Up Attic, Other, Living Room, Dining Room, Kitchen, Office/Den

Heating Oil, Individual, Ductless, Natural Gas

Cooling Ductless, Central Air

Flooring Tile, Vinyl, Varies, Hardwood, Stone/Ceramic Tile

Appliance Oven, Dishwasher, Range, Refrigerator, Range Hood

Laundry Washer & Dryer Hookup, Washer Hookup, Dryer Hookup, Electric Dryer Hookup

Exterior

Exterior Feature Rain Gutters

Garage Spaces 2.0

Community Features Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station, Sidewalks

Utilities Available for Gas Range, for Electric Dryer, Washer Hookup

Roof Type Shingle

Total Parking Spaces 10

Garage Yes

Building

Lot Description Cleared, Level

Story 2

Foundation Granite

Sewer Public Sewer

Water Public

Schools

Elementary Schools Apply

Middle Schools Melrose Middle

High Schools Melrose High

Others

Senior Community false

Acceptable Financing Contract

Listing Terms Contract

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Listed by J. Barrett & Company
Bought with Angela Cui • Keller Williams Realty

NEARBY SCHOOL & BUSINESS

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Stephen Lussier #1 Jamaica Plain Agent 2025

+1(617) 943-9500

Agent License ID: 9065056

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213-215 Main St Melrose, MA 02176