Sold for $1,505,000

$1,505,000

35-41 Brazil St, Melrose, MA 02176

8beds

4,050sqft

4 Family - 4 Units Side by Side

Built in 1895

-- sqft lot

$-- Zestimate^®

$372/sqft

$-- Estimated rent

Home value

Not available

Estimated sales range

Not available

Zestimate^® history

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$7,629/mo

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What's special

Eat-in kitchens

CASH COW ALERT: Melrose Multi-Family Gold Mine! Four units. Seven parking spots. Infinite possibilities. This charming Melrose quad isn't your typical investment property - it's a strategic opportunity where tenants currently pay below-market rents while you're sitting on $2,300/month potential per unit. That's immediate upside without touching a thing. Location seals the deal: steps from Oak Grove Orange Line, MBTA Commuter Rail, and Bus Line stop for seamless Boston commutes, plus Fells Reservation hiking trails at your doorstep. This rare combination of urban accessibility and outdoor recreation commands the premium rents that busy professionals gladly pay. Smart fundamentals include separate utilities, individual basement storage with laundry, private outdoor space per unit, and eat-in kitchens. 3 of the 4 Units are currently rented with one recently vacated. Hold and optimize rents for steady cash flow, or explore condo conversion potential in this coveted market.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 4
Full bathrooms: 4

Heating

Forced Air, Natural Gas, Electric

Cooling

None

Appliances

Included: Range, Dishwasher, Refrigerator, Washer, Dryer
Laundry: Washer & Dryer Hookup

Features

Ceiling Fan(s), Pantry, Walk-In Closet(s), Bathroom With Tub & Shower, Living Room, Kitchen
Flooring: Wood, Tile, Vinyl
Doors: Storm Door(s)
Basement: Full,Interior Entry,Concrete,Unfinished
Has fireplace: No

Interior area

Total structure area: 4,050
Total interior livable area: 4,050 sqft
Finished area above ground: 4,050

Property

Parking

Total spaces: 7
Parking features: Paved Drive, Off Street, Assigned, Paved
Uncovered spaces: 7

Features

Patio & porch: Patio

Lot

Size: 0.35 Acres

Details

Parcel number: M:0B2 P:0000003,652525
Zoning: URA

Construction

Type & style

Home type: MultiFamily
Property subtype: 4 Family - 4 Units Side by Side

Materials

Frame
Foundation: Stone
Roof: Rubber

Condition

Year built: 1895

Utilities & green energy

Electric: Circuit Breakers
Sewer: Public Sewer
Water: Public
Utilities for property: for Gas Range

Community & HOA

Community

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

Location

Region: Melrose

Financial & listing details

Price per square foot: $372/sqft
Tax assessed value: $1,105,500
Annual tax amount: $10,944
Date on market: 9/22/2026
Exclusions: See Info Pack.
Total actual rent: 5300
Road surface type: Paved

Price history

Date	Event	Price
12/15/2025	Sold	$1,505,000+13.6%$372/sqft
Source: MLS PIN #73435634 Report a problem
10/1/2025	Listed for sale	$1,325,000$327/sqft
Source: MLS PIN #73435634 Report a problem