When opportunity knocks, 250 Tremont answers with open doors! This is a fantastic chance for first-time buyers and savvy investors alike. Imagine moving in and having the additional unit help cover your expenses, or purchasing this property as an investment and watching your equity grow over time. Prime Location - The location couldn't be more ideal—just around the corner from the commuter rail and the vibrant Melrose Highlands, known for its eclectic shops and delightful restaurants. With easy access to Routes 1 and I-93, commuting and exploring the area is a breeze. Well-Maintained Property - The current owner has meticulously cared for this property, ensuring it remains in excellent condition. Both units feature two bedrooms, with the second-floor unit boasting an extra bonus room currently utilized as a spacious walk-in closet. Enjoy updated kitchens and bathrooms, separate utilities for each unit, convenient laundry facilities in the building, and ample off-street parking.Don't miss out on this incredible opportunity—whether you're looking to make it your home or add to your investment portfolio, 250 Tremont is ready to welcome you!
A rare opportunity to acquire a four-family property in a high-demand area, offering unparalleled income potential and long-term value. Situated on one of Melrose's beautiful tree-lined residential streets. Each spacious unit features 2 bedrooms, 1 full bath, hardwood floors throughout, private rear balconies, off street parking and w/d hookups available in 2,255 sq ft basement with updated furnaces, roof and windows.Located just minutes from downtown Melrose with vibrant shops and restaurants, top-rated public schools, scenic hiking trails, and the MBTA/commuter rail, putting Boston just 7 miles away with easy access to routes 1 and 93. Whether you're an investor seeking strong rental income or a buyer looking to live in one unit while the others work for you, this property delivers on every level.
Prime development opportunity at 174 Green Street in Melrose. Situated on a highly visible 0.24-acre (10,454 sq. ft.) lot with steady daily traffic, this versatile site offers a high-yield footprint for a high-density residential build featuring a street-level retail component. Flexible BA1 zoning provides a clear pathway to maximize residential square footage while capturing ground-floor commercial value. The existing ~7,000 sq. ft. structure offers immediate utility or short-term cash flow while navigating entitlements. Unbeatable transit-oriented location moments from the Melrose Highlands Commuter Rail, Oak Grove (Orange Line), and vibrant downtown Melrose guarantees strong demand for future residential units and retail tenants alike. Capitalize on a rare, scalable parcel in a premier suburban market. Buyers and their agents to perform all due diligence regarding zoning, permitting, density, and specific allowable uses.
Giant 4 Unit in the heart of Melrose! Well-maintained property offering strong income potential and flexible living arrangements. This spacious multi-unit building features 9 bedrooms and 4 full baths across approximately 3,519 sq ft of living space. Units offer functional layouts with bright living areas, updated kitchens, hardwood/vinyl flooring, and separately metered utilities. Additional highlights include off-street parking, shared laundry, and a full basement for storage. Conveniently located near downtown Melrose shops, restaurants, parks, schools, and public transportation, including the Wyoming Hill commuter rail station for easy access to Boston. Excellent opportunity to expand your investment portfolio or offset your mortgage with rental income in one of Melrose’s most desirable neighborhoods
One of a kind Architecturally distinctive VICTORIAN offers 3,564 sq.ft. living area across 13 rooms, 6 bedrooms, 3 full baths. Striking bottle glass stucco facade, stained glass window. 9 foot ceilings, hardwood floors, elegant crown moldings and abundant natural light throughout. Separate utilities, walkout basement, off street parking. Owners unit (1st floor) open concept living room, fireplaced dining room, 3 bedrooms, master bedroom with ensuite bath. Unit 2 Kitchen, Living room, dining room, 3+ bedrooms, hardwood floors, in unit laundry.Melrose HIGHLANDS Location convenient to MBTA Commuter Rail Train, MBTA Bus (Route 131), schools, parks, playgrounds, shopping, medical facility. Perfect setup for owner occupants, investors, multigenerational living. Built to accomodate todays lifestyle.Priced to sell for todays market.Buyers to perform their own due diligence regarding other potential uses. Seller would like short rent back after closing. Actively looking for housing. TAW Tenant. $3400/mo FMV rent. Visit OPEN HOUSE or schedule private showing.
is pleased to present this two-family investment property located at 9 Elm Street in Melrose, MA. The three-story building contains two (2) 3-Bedroom/1-Bathroom units with 2,630 square feet of gross living area in 5,544 square feet of gross area. Both units offer in-unit laundry and porches. Additional value-add opportunities can be leveraged for an investor or savvy owner-occupant. The Property is situated upon a 0.134-acre corner parcel and features two (2) off-street parking spaces. 9 Elm Street is well-positioned in downtown Melrose, offering strong access to the city's central business district, neighborhood retail corridors, and surrounding residential neighborhoods.
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.
