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Canceled

38-40 Hurd St, Melrose MA 02176

$1,450,000

Estimated $3,302.42/month Calculator

Multi Family

Total Units: 4

Price Per Unit: $362,500

Total Rent: 0/year

Estimated CAP Rate: -0.79%

9 Bedrooms

4 Full Baths

3,519 SqFt

Total Parking: 3

3,803 SqFt

***LAST TIME TO SHOW BEFORE GOING BACK TO RENTAL***Well-maintained 4-unit multi-family property offering strong cash flow and investment potential. the building spans 3,519 sq ft on a 0.09-acre lot and features 9 bedrooms and 4 bathrooms across well designed units. Each unit includes spacious living areas, kitchens, and bedrooms. Tenants enjoy off-street parking, laundry, and easy access to Melrose shops and restaurants. Located just 0.1 miles from Lincoln Elementary School and within walking distance to the Wyoming Hill commuter rail, this property is ideal for those seeking turn key convenience. With consistent rental income and a prime location, 38-40 Hurd Street is a great opportunity for investors looking to grow their portfolio in a strong rental market or the savvy owner looking to live free

This home has been viewed 58 times

Last Checked: July 10th, 2025 at 4:29am (Source: MLS PIN #73358885)

Gross Income: $0

Gross Expenses: $11,415

Net Income Calc: $11,415

CAP Rate: -0.79%

Annual Expenses for 38-40 Hurd St, Melrose MA 02176

Total Gross Expenses (Calculated)$11,415/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$11,415

Annual Income & Unit Breakdown for 38-40 Hurd St, Melrose MA 02176

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 2

Rental Income$0

LeaseY

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

HeatingNo

Rent Includes

Unit 3

Rental Income$0

LeaseY

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent Includes

Unit 4

Rental Income$0

LeaseY

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit2

HeatingNo

Rent Includes

General Information for 38-40 Hurd St, Melrose MA 02176

Listing ID73358885

Property TypeMulti Family / 4 Family

Price$1,450,000 ($412.05/SqFt)

Style4 Family - 4 Units Up/down

CityMelrose

CountyMiddlesex

MLS Area

Neighborhood(s)

Approximate Living Area Total3,519 SqFt

Approximate Lot Size (Acres)0.09 acres

Total Parking3

Garage Parking

Year Built1900

Year Built SourcePublic Records

Year Renovated

Year Built DetailsActual

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot Features

Foundation Area

Foundation DescriptionStone

Accessible Features

Outdoor SpacePorch

ZoningURA

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 38-40 Hurd St, Melrose MA 02176

Lead Paint

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Title 5

Exclusions

Disclosures

Financial Data Source

Total Gross Expenses By Broker$0

Total Gross Income By Broker$0

Total Net Income By Broker$0

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation

Facilitator Compensation

Sub-Agent Compensation

Compensation Based On

Financial Information for 38-40 Hurd St, Melrose MA 02176

Real Estate Taxes$11,415

Tax Year2025

Assessed Value$1,153,000

Financial Data Source

Total Gross Expenses By Broker$0

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$0

BostonRealEstate.com Gross Income

Total Net Income By Broker$0

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)-0.79%

Location Information for 38-40 Hurd St, Melrose MA 02176

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesWalk/jog Trails, Highway Access, House Of Worship, Public School, Park, Medical Facility, Laundromat, Public Transportation, T-station

Contact Information for 38-40 Hurd St, Melrose MA 02176

Agent

Name: Jonathan Mathews

Office

Name: Legacy Realty Advisors LLC

Phone: 216-973-3072

Payment Calculator

, Interest

Property Taxes 951.25

Principal & Interest 8934.44

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Legacy Realty Advisors LLC

Jonathan Mathews

Agent Phone

Office Phone

(216) 973-3072

Text Agent Call Agent Call Office

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EXIT

Canceled

38-40 Hurd St, Melrose MA 02176

$1,450,000

Annual Expenses for 38-40 Hurd St, Melrose MA 02176

Annual Income & Unit Breakdown for 38-40 Hurd St, Melrose MA 02176

General Information for 38-40 Hurd St, Melrose MA 02176

Disclosures for 38-40 Hurd St, Melrose MA 02176

Financial Information for 38-40 Hurd St, Melrose MA 02176

Location Information for 38-40 Hurd St, Melrose MA 02176

Contact Information for 38-40 Hurd St, Melrose MA 02176

Agent

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Exclusive Listing Agent

Legacy Realty Advisors LLC

Jonathan Mathews