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38-40 Hurd Street, Melrose MA 02176

$1,450,000

Estimated $3,302/month Calculator

Multi Family

Total Units: 4

Price Per Unit: $362,500

Total Rent: 0/year

Estimated CAP Rate:

9 Bedrooms

Baths

3519

Total Parking: 3

3,803 (0.09)

Investor and owner-occupant opportunity in the heart of Melrose! Well-maintained 4-family 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

This home has been viewed 9 times

Last Checked: May 20th, 2026 at 8:03pm (Source: MLS PIN #73521788)

Gross Income: $0

Gross Expenses: $11,415

Net Income Calc: $11,415

Annual Expenses for 38-40 Hurd Street, 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 Tax11415

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

Total Gross Income (Calculated)$0

Unit 1

Rental Income$0

LeaseY

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 2

Rental Income$0

LeaseY

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit1

Rent Includes

Unit 3

Rental Income$0

LeaseY

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

Rent Includes

Unit 4

Rental Income$0

LeaseY

Bedrooms3

Bathrooms1 Full

Floor2

Levels in Unit2

Rent Includes

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

Listing ID73521788

Property TypeMulti Family / 4 Family

Price1450000 ($412.05/SqFt)

Style4 Family - 4 Units Up/down

CityMelrose

CountyMiddlesex

Neighborhood(s)

Approximate Living Area Total3519

Approximate Lot Size (Acres)0.09

Total Parking3

Garage Parking0

Year Built1900

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction Materials

Lot Features

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningURA

Water Views

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 38-40 Hurd Street, Melrose MA 02176

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsNone.

Financial Data Source

Total Gross Expenses By Broker

Total Gross Income By Broker

Total Net Income By Broker

Short Sale / Forclosure (Bank Owned)

Compensation Based On

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

Real Estate Taxes11415

Tax Year2025

Assessed Value$1,153,000

Financial Data Source

Total Gross Expenses By Broker

BostonRealEstate.com Gross Expenses

Total Gross Income By Broker

BostonRealEstate.com Gross Income

Total Net Income By Broker

BostonRealEstate.com Gross NOI

CAP Rate (based on Broker info)

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

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 38-40 Hurd Street, 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

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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    [unparsed] => 38-40 Hurd Street, Melrose MA 02176
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EXIT

23 More Photos

Active

38-40 Hurd Street, Melrose MA 02176

$1,450,000

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

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

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

Disclosures for 38-40 Hurd Street, Melrose MA 02176

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

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

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

Agent

Office

Payment Calculator

Exclusive Listing Agent

Legacy Realty Advisors LLC

Jonathan Mathews