Welcome to your next investment venture in picturesque Melrose! This well-maintained two-family home is a prime opportunity for investors, those seeking owner-occupied living, or developers looking to capitalize on its potential. Nestled on a charming corner lot, this property offers townhouse style living experience with separate entries for each unit. Unit 1 features a living room with fireplace, cathedral ceiling kitchen, dining with direct access to the shared backyard, bedroom & updated 1st floor bath with laundry. Upstairs you’ll find two more bedrooms & full bath. The partially finished basement includes yet another full bathroom, along with ample storage space. Unit 2 is equally enticing, boasting an updated kitchen equipped with laundry for added convenience, and a bright living area flooded with natural light. With 2 beds & bath upstairs. Conveniently situated in the heart of downtown Melrose, steps away from shops, restaurants, and several public transportation options.
Sold for $850,000
$850,000
73 Essex St, Melrose, MA 02176
5beds
2,789sqft
2 Family - 2 Units Side by Side
Built in 1860
-- sqft lot
$1,040,100 Zestimate®
$305/sqft
$3,412 Estimated rent
Home value
$1,040,100
$946,000 - $1.14M
$3,412/mo
Zestimate® history
Owner options
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$3,412/mo
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$3,412/mo
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$5,338/mo
Est. payment
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$5,338/mo
Est. payment
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List your homeWhat's special
Separate entriesCathedral ceiling kitchenShared backyardUpdated kitchenOwner - occupied livingAmple storage spaceNatural light
Zillow last checked:
Listing updated:
Listed by:
Pirani & Wile Group 781-608-1805,
Leading Edge Real Estate 781-729-5505,
Julie Wile Fish 617-584-4661
Bought with:
Pirani & Wile Group
Leading Edge Real Estate
Source: MLS PIN,MLS#: 73228764
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
Appliances
- Included: Range, Dishwasher, Refrigerator, Washer, Dryer
Features
- Cathedral/Vaulted Ceilings, Bathroom with Shower Stall, Bathroom With Tub & Shower, Living Room, Dining Room, Kitchen
- Flooring: Tile, Hardwood
- Windows: Insulated Windows
- Basement: Partial,Partially Finished
- Number of fireplaces: 1
- Fireplace features: Wood Burning
Interior area
- Total structure area: 2,789
- Total interior livable area: 2,789 sqft
Property
Parking
- Total spaces: 6
- Parking features: Paved Drive, Off Street, Paved
- Uncovered spaces: 6
Features
- Patio & porch: Deck, Patio
Lot
- Size: 8,390 Square Feet
- Features: Corner Lot
Details
- Additional structures: Shed(s)
- Parcel number: M:0C8 P:0000054,654199
- Zoning: URD
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 2 Family - 2 Units Side by Side
Materials
- Frame
- Foundation: Stone, Slab
- Roof: Shingle
Condition
- Year built: 1860
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Public Transportation, Shopping, Park, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, T-Station
Location
- Region: Melrose
Financial & listing details
- Price per square foot: $305/sqft
- Tax assessed value: $781,600
- Annual tax amount: $7,761
- Date on market: 1/15/2026
- Total actual rent: 0
Price history
| Date | Event | Price |
|---|---|---|
| 5/31/2024 | Sold | $850,000+6.4%$305/sqft |
Source: MLS PIN #73228764 Report a problem | ||
| 5/2/2024 | Contingent | $799,000$286/sqft |
Source: MLS PIN #73228764 Report a problem | ||
| 4/25/2024 | Listed for sale | $799,000+7.2%$286/sqft |
Source: MLS PIN #73228764 Report a problem | ||
| 1/16/2020 | Sold | $745,000-2.6%$267/sqft |
Source: Public Record Report a problem | ||
| 10/31/2019 | Listed for sale | $764,900+2%$274/sqft |
Source: Dell Realty Associates, Inc. #72586777 Report a problem | ||
| 8/1/2019 | Listing removed | $749,900$269/sqft |
Source: Lamacchia Realty, Inc. #72460411 Report a problem | ||
| 7/21/2019 | Pending sale | $749,900$269/sqft |
Source: Lamacchia Realty, Inc. #72460411 Report a problem | ||
| 7/11/2019 | Listed for sale | $749,900$269/sqft |
Source: Lamacchia Realty, Inc. #72460411 Report a problem | ||
| 7/2/2019 | Pending sale | $749,900$269/sqft |
Source: Lamacchia Realty, Inc. #72460411 Report a problem | ||
| 7/1/2019 | Price change | $749,900-6.1%$269/sqft |
Source: Lamacchia Realty, Inc. #72460411 Report a problem | ||
| 4/18/2019 | Price change | $799,000-1.2%$286/sqft |
Source: Lamacchia Realty, Inc. #72460411 Report a problem | ||
| 3/29/2019 | Price change | $809,000-2.4%$290/sqft |
Source: Lamacchia Realty, Inc. #72460411 Report a problem | ||
| 3/5/2019 | Listed for sale | $829,000-2.5%$297/sqft |
Source: Lamacchia Realty, Inc. #72460411 Report a problem | ||
| 5/4/2018 | Listing removed | $850,000$305/sqft |
Source: Century 21 North East #72304609 Report a problem | ||
| 4/6/2018 | Listed for sale | $850,000+82.8%$305/sqft |
Source: Century 21 North East #72304609 Report a problem | ||
| 6/1/2006 | Sold | $465,000$167/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,446 | $853,100 +9.1% |
| 2024 | -- | $781,600 +7.3% |
| 2023 | -- | $728,700 +3.9% |
| 2022 | -- | $701,600 +15.3% |
| 2021 | -- | $608,700 +4.8% |
| 2020 | -- | $580,700 +6.2% |
| 2019 | -- | $546,800 +10.6% |
| 2018 | -- | $494,300 +7.2% |
| 2017 | $6,609 | $461,000 +14.4% |
| 2016 | $6,609 | $402,900 +2.7% |
| 2015 | $6,609 | $392,300 +4.7% |
| 2011 | -- | $374,800 -4.8% |
| 2010 | $4,750 | $393,500 -1.9% |
| 2009 | -- | $401,200 -6.5% |
| 2008 | -- | $428,900 -0.2% |
| 2007 | -- | $429,800 +7.5% |
| 2006 | -- | $399,900 +5% |
| 2005 | -- | $380,900 +23.2% |
| 2004 | -- | $309,200 +10% |
| 2003 | $3,442 | $281,000 +9% |
| 2002 | -- | $257,800 +18.7% |
| 1999 | $3,414 | $217,200 |
Find assessor info on the county website
Neighborhood: Downtown
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Nearby schools
GreatSchools rating
- 8/10Lincoln Elementary SchoolGrades: K-5Distance: 0.4 mi
- 6/10Melrose Middle SchoolGrades: 6-8Distance: 0.4 mi
- 10/10Melrose High SchoolGrades: 9-12Distance: 0.5 mi
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Estimated market value
$1,040,100
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$1,040,100
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