Melrose MA Multi Family for Sale
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- 4
- Lot size:
- 0.09 Acres
- Year built:
- 1900
- Baths:
- 2.00
- MLS#:
- 73308513
ADDITIONAL INFORMATION
Rare opportunity to own a 2 family in sought after Melrose. Side by side duplex. Both units move in ready. Townhouse style units with bedrooms on 2nd floor. Off street parking. Separate laundry hookups. Both units have nice kitchens and large living rooms. 2 beds and full bath on 2nd floor. Property delivered vacant. Easy walk to Main St shops & restaurants. Seller willing to buy down the mortgage rate on this home. PLEASE BOOK SHOWINGS THROUGH SHOWINGTIME
$995,000
77 Rowe St Unit 77 Melrose, MA 02176
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 5
- Lot size:
- 0.18 Acres
- Year built:
- 1910
- Baths:
- 2.00
- MLS#:
- 73307286
ADDITIONAL INFORMATION
Welcome to this expansive, 14 room two-family home in Melrose. This property is a true gem awaiting your personal touches! This large property offers an exceptional canvas for customization, whether you're looking to create a perfect owner-occupied residence or add a valuable asset to your investment portfolio. The home features beautiful hardwood floors, high ceilings, and nice layouts. The first floor includes two generous bedrooms and a spacious front living room that has the potential to be converted into a third bedroom. Upstairs, you'll find a similarly spacious layout with endless possibilities—generous room sizes, high ceilings, hardwood floors, and a walk-up attic ready for your vision and renovation ideas. Don't miss this opportunity to transform this two-family property into a space that meets all your needs and brings out its full potential! All of this in a convenient location in Melrose.
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.22 Acres
- Year built:
- 1900
- Baths:
- 2.00
- MLS#:
- 73306930
ADDITIONAL INFORMATION
Building portfolio of properties for Sale. Rare opportunity Restoration & redevelopment of a Portfolio of Properties in an extraordinary location! Located on a common boundary line with Melrose Downtown Historic District, existing group of 4 adjoining parcels features 4 Victorian homes with 14 units, a private street, 2 multi-stall garage structures. Distinctive Property Design Features: Gable exterior roof designs at varying heights, high interior ceilings, front porches, oak and maple hardwood floors, and ornate detailing. Zoning allows for 21 units, with opportunity for additional units on approx. 0.75 acres. Mix of 1- and 2-bedroom apartments. The property is approximately 70% occupied. Lots zoned UR-D (Urban Residential ‘D’) allowing multifamily buildings to a density of FAR=1.0. Allowable height is 50 feet and 4 stories. Redevelop preserving the existing structures with square foot additions and interior renovations or build new structure(s)
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 6
- Lot size:
- 0.08 Acres
- Year built:
- 1875
- Baths:
- 3.00
- MLS#:
- 73306929
ADDITIONAL INFORMATION
Building portfolio of properties for Sale. Rare opportunity Restoration and redevelopment of a Portfolio of Properties in an extraordinary location! Located on a common boundary line with Melrose Downtown Historic District, existing group of 4 adjoining parcels features 4 Victorian homes with 14 units, a private street, 2 multi-stall garage structures. Distinctive Property Design Features: Gable exterior roof designs at varying heights, high interior ceilings, front porches, oak and maple hardwood floors, and ornate detailing. Zoning allows for 21 units, with opportunity for additional units on approx. 0.75 acres. Mix of 1- and 2-bedroom apartments. The property is approximately 70% occupied. Lots zoned UR-D (Urban Residential ‘D’) allowing multifamily buildings to a density of FAR=1.0. Allowable height is 50 feet and 4 stories. . Redevelop preserving the existing structures with square foot additions and interior renovations or build new structure(s).
- Type:
- Fourplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.19 Acres
- Year built:
- 1875
- Baths:
- 4.00
- MLS#:
- 73306927
ADDITIONAL INFORMATION
Building portfolio of properties for Sale. Rare opportunity Restoration & redevelopment of a Portfolio of Properties in an extraordinary location! Located on a common boundary line with Melrose Downtown Historic District, existing group of 4 adjoining parcels features 4 Victorian homes with 14 units, a private street, 2 multi-stall garage structures. Distinctive Property Design Features: Gable exterior roof designs at varying heights, high interior ceilings, front porches, oak and maple hardwood floors, and ornate detailing. Zoning allows for 21 units, with opportunity for additional units on approx. 0.75 acres. Mix of 1- and 2-bedroom apartments. The property is approximately 70% occupied. Lots zoned UR-D (Urban Residential ‘D’) allowing multifamily buildings to a density of FAR=1.0. Redevelop preserving the existing structures with square foot additions and interior renovations or build a completely new multifamily building (s).
$1,249,000
752 Franklin St Unit 752 Melrose, MA 02176
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 7
- Lot size:
- 0.18 Acres
- Year built:
- 1880
- Baths:
- 3.00
- MLS#:
- 73300757
ADDITIONAL INFORMATION
This grand two-family home blends charm and versatility, featuring a massive owner’s unit and beautifully preserved details like elegant wainscoting, soaring ceilings, and original hardwood floors.The expansive owner’s unit spans the 2nd and 3rd floors, offering 5 bedrooms, 2 full baths, a formal dining room, a bright living room, and a charming three-season porch with stained glass picture window. Large windows allow natural light to pour in, creating a warm, inviting atmosphere.The first-floor unit equally impressive, with 2 bedrooms, 1 bath, a formal dining room, a living room, a sun porch, and a private entrance. Both units share a large basement for ample storage, and the home features newer high-efficiency heating systems with separate utilities.This is a fantastic investment with projected rents of $6,600+ per month, or perfect for an end user seeking single-family-style living with the first-floor unit providing income to help subsidize costs.Prime Melrose Highlands location
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 7
- Lot size:
- 0.22 Acres
- Year built:
- 1900
- Baths:
- 5.00
- MLS#:
- 73306923
ADDITIONAL INFORMATION
Building portfolio of properties for Sale. Rare opportunity Redevelopment of a Portfolio of Properties in an extraordinary location! Located on a common boundary line with Melrose Downtown Historic District, existing group of 4 adjoining parcels features 4 Victorian homes with 14 units, a private street, 2 multi-stall garage structures. Distinctive Property Design Features: Gable exterior roof designs at varying heights, high interior ceilings, front porches, oak and maple hardwood floors, and ornate detailing. Zoning allows for 21 units, with opportunity for additional units on approx. 0.75 acres. Mix of 1- and 2-bedroom apartments. The property is approximately 70% occupied. Lots zoned UR-D (Urban Residential ‘D’) allowing multifamily buildings to a density of FAR=1.0. Allowable height is 50 feet and 4 stories. Redevelop preserving the existing structures with square foot additions and interior renovations or build a completely new multifamily building (s)
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Melrose Real Estate
The median home value in Melrose, MA is $798,750. This is higher than the county median home value of $658,900. The national median home value is $338,100. The average price of homes sold in Melrose, MA is $798,750. Approximately 65.03% of Melrose homes are owned, compared to 32.69% rented, while 2.28% are vacant. Melrose real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Melrose real estate agent to arrange a tour today!
Melrose, Massachusetts has a population of 29,567. Melrose is more family-centric than the surrounding county with 40.72% of the households containing married families with children. The county average for households married with children is 35.9%.
The median household income in Melrose, Massachusetts is $125,229. The median household income for the surrounding county is $111,790 compared to the national median of $69,021. The median age of people living in Melrose is 42.1 years.
Melrose Weather
The average high temperature in July is 81.3 degrees, with an average low temperature in January of 18.8 degrees. The average rainfall is approximately 48 inches per year, with 47.6 inches of snow per year.