For sale

$1,585,000

18-20 N High St, Melrose, MA 02176

7beds

4,154sqft

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4 Family

Built in 1900

-- sqft lot

$-- Zestimate^®

$382/sqft

$-- HOA

What's special

Coin-op laundryFour off-street parking spaces

Rarely does a stabilized four-family come to market with this combination of location, income, and upside. Positioned steps from Cedar Park and the commuter rail, this well-maintained asset delivers immediate cash flow with a clear value-add runway. The building offers 4,154 sq ft across four fully occupied units: three identical 1-bed/1-bath apartments and one, two-level 3-bed/1-bath renovated within the last year. The total rent income is $8,925/month, major systems have been upgraded and utilities separated out to each unit. Cosmetic upgrades for the two, first floor units present a straightforward path to bring rents to market upon turnover. Four off-street parking spaces, coin-op laundry, and consistent capital improvements over the past decade round out a compelling profile. For the long-term holder or condo converter, this is the kind of north-of-Boston multifamily with lots of potentials hard to overlook.

37 days

406

11

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 7
Bathrooms: 4
Full bathrooms: 4

Heating

Baseboard, Natural Gas, Unit Control

Appliances

Included: Range, Disposal, Refrigerator, Range Hood, Dishwasher

Features

Storage, Bathroom With Tub & Shower, Pantry, Remodeled, Living Room, Kitchen
Flooring: Hardwood
Windows: Box/Bay/Bow Window(s)
Basement: Partial,Walk-Out Access,Concrete,Unfinished
Has fireplace: No

Interior area

Total structure area: 4,154
Total interior livable area: 4,154 sqft
Finished area above ground: 4,154

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Property

Parking

Total spaces: 4
Parking features: Paved Drive, Off Street
Uncovered spaces: 4

Features

Patio & porch: Deck, Deck - Wood

Lot

Size: 4,752 Square Feet
Features: Gentle Sloping

Details

Parcel number: B8065,653258
Zoning: URA

Construction

Type & style

Home type: MultiFamily
Property subtype: 4 Family

Materials

Frame, Stone
Foundation: Stone
Roof: Shingle

Condition

Year built: 1900

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Medical Facility, Laundromat, Conservation Area, Private School, Public School

Location

Region: Melrose

Financial & listing details

Price per square foot: $382/sqft
Tax assessed value: $965,900
Annual tax amount: $11,079
Date on market: 6/4/2026
Total actual rent: 8950
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
6/4/2026	Listed for sale	$1,585,000$382/sqft
Source: MLS PIN #73530094 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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