Overview Property Details Payment Calculator Walkability

Pending

333 Main St, Melrose MA 02176

$7,700,000

Estimated $15,579.76/month Calculator

Multi Family

Total Units: 23

Price Per Unit: $334,782.61

Total Rent: 54600/year

Estimated CAP Rate: 0.23%

40 Bedrooms

23 Full Baths

22,324 SqFt

Total Parking: 23

20,473 SqFt

333 Main St is a four-story brick building with 23 residential units consisting of (7) 1-Bed/1-Bath units, (15) 2-Bed/1-Bath units, and (1) 3-Bed/1-Bath unit. The units, which feature hardwood flooring, are separately metered for heat (electric), hot water (electric) and ele...

This home has been viewed 8 times

Last Checked: July 3rd, 2025 at 5:53am (Source: MLS PIN #73380111)

Gross Income: $54,600

Gross Expenses: $37,131

Net Income Calc: $17,469

CAP Rate: 0.23%

Annual Expenses for 333 Main St, Melrose MA 02176

Total Gross Expenses (Calculated)$37,131/year

APOD AvailableYes

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax$37,131

Annual Income & Unit Breakdown for 333 Main St, Melrose MA 02176

Total Gross Income (Calculated)$54,600

Unit 1

Rental Income$2,500

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent IncludesUnit 1(water), Unit 2(water)

Unit 2

Rental Income$2,050

LeaseY

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

HeatingNo

Rent IncludesUnit 1(water), Unit 2(water)

Unit 3

Rental Income$0

Lease

Bedrooms

Bathrooms

Floor

Levels in Unit

HeatingNo

Rent IncludesUnit 1(water), Unit 2(water)

Unit 4

Rental Income$0

Lease

Bedrooms

Bathrooms

Floor

Levels in Unit

HeatingNo

Rent IncludesUnit 1(water), Unit 2(water)

General Information for 333 Main St, Melrose MA 02176

Listing ID73380111

Property TypeMulti Family

Price$7,700,000 ($344.92/SqFt)

Style5+ Family - 5+ Units Up/down

CityMelrose

CountyMiddlesex

MLS Area

Neighborhood(s)

Approximate Living Area Total22,324 SqFt

Approximate Lot Size (Acres)0.47 acres

Total Parking23

Garage Parking

Year Built1961

Year Built SourcePublic Records

Year Renovated

Year Built DetailsApproximate

Water

Sewer

Electric

Hot Water

Roof Material

Basement

Construction Materials

Lot FeaturesCorner Lot

Foundation Area

Foundation DescriptionOther

Accessible Features

Outdoor Space

ZoningURC

Zoning Details

Water Views

Water Views Features

WaterfrontNo

Waterfront Features

Energy Features

Terms

Disclosures for 333 Main 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$173,548

Total Gross Income By Broker$665,704

Total Net Income By Broker$492,156

For Sale By OwnerNo

Short Sale / Forclosure (Bank Owned)

Buyer Agent Compensation1.75%

Facilitator Compensation

Sub-Agent Compensation

Compensation Based OnNet Sale Price

Financial Information for 333 Main St, Melrose MA 02176

Real Estate Taxes$37,131

Tax Year25

Assessed Value$3,750,600

Financial Data Source

Total Gross Expenses By Broker$173,548

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker$665,704

BostonRealEstate.com Gross Income

Total Net Income By Broker$492,156

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

CAP Rate (BostonRealEstate.com)0.23%

Location Information for 333 Main St, Melrose MA 02176

Elementary School

Middle School

High School

Neighborhood(s)

MLS Area

Area AmenitiesWalk/jog Trails, Highway Access, Public School, Shopping, Park, Medical Facility, Bike Path, Public Transportation, T-station, Private School

Contact Information for 333 Main St, Melrose MA 02176

Agent

Name: Kelleher - Pentore Team

MLS ID: TM359859

Office ID: AN2723

Office

Name: Horvath & Tremblay

MLS Office ID: AN2723

Phone: 781-776-4000

Team Members

Name: Dennis Kelleher

MLS ID: CN212671

Office ID: AN2723

Phone: 781-776-4002

City: Boston

State: MA

Name: John Pentore

MLS ID: CN212669

Office ID: AN2723

Phone: 781-776-4004

City: Lynnfield

State: MA

Payment Calculator

$50,539.20 per month

30 Years Fixed, 6.75% Interest

Property Taxes $3,094.25

Principal & Interest $47,444.95

HOA Dues $0

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Horvath & Tremblay

Kelleher - Pentore Team

Agent Phone

Office Phone

(781) 776-4000

Text Agent Call Agent Call Office

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EXIT

Pending

333 Main St, Melrose MA 02176

$7,700,000

Annual Expenses for 333 Main St, Melrose MA 02176

Annual Income & Unit Breakdown for 333 Main St, Melrose MA 02176

General Information for 333 Main St, Melrose MA 02176

Disclosures for 333 Main St, Melrose MA 02176

Financial Information for 333 Main St, Melrose MA 02176

Location Information for 333 Main St, Melrose MA 02176

Contact Information for 333 Main St, Melrose MA 02176

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Exclusive Listing Agent

Horvath & Tremblay

Kelleher - Pentore Team