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.
4 days
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698
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Zillow last checked:
Listing updated:
Listed by:
Joyce Diliegro781-760-9575,
J. Barrett & Company978-922-3683
Source: MLS PIN,MLS#: 73546276
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Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 3
Full bathrooms: 3
Heating
Oil, Individual, Ductless, Natural Gas
Cooling
Ductless, Central Air
Appliances
Included: Oven, Dishwasher, Range, Refrigerator, Range Hood
Utilities for property: for Gas Range, for Electric Dryer, Washer Hookup
Community & HOA
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
Location
Region: Melrose
Financial & listing details
Price per square foot: $513/sqft
Tax assessed value: $834,800
Annual tax amount: $8,265
Date on market: 7/8/2026
Listing terms: Contract
Exclusions: Refrigerator And Washer/Dryer In The Basement.
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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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