Looking for that great investment in Melrose. Well here is an affordable low maintenance two family home in a quiet neighborhood. Just a short walk and you are at the commuter rail or downtown Melrose with plenty of shopping and restaurants plus Pine Banks Park all very close by. Both units are three bedroom's each with happy tenants paying their own utilities. Each unit has a private storage shed, their own parking spaces, washer & dryer hook up's in unit. Some recent updates are a new roof, new Hardie siding & trim so very low maintenance and new electrical panels in each unit. Open house Saturday 3/8 12-1:30.
Fully rented till 2026. Total rental in come is $10100 per month. Experience luxury and convenience in this newly constructed 2 family-townhouse in Melrose, perfectly located near the Purple and Orange Line stations, with shops and restaurants nearby. Each unit combines the privacy of a single-family residence with the ease of townhouse living. It features an open-concept design with soaring ceilings, a luxurious kitchen, and integrated living spaces. The property includes four well-appointed bedrooms—one with an en-suite—plus a versatile family room and a spacious master suite on the third floor. Each bathroom boasts tasteful tiling and luxury vinyl plank flooring runs throughout. Advanced features include an HRV system, energy-efficient windows, spray foam insulation, and a metal roof. An EV charger and a customizable full basement add to its appeal. Ideal for those seeking style and convenience in a prime location.
Melrose is located in Massachusetts. 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.
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.
