Prime East Side two-family in Melrose offering exceptional flexibility for owner-occupants, investors, or multigenerational living. Both sun-filled units feature spacious layouts with generous living and dining areas, well-appointed kitchens, comfortable bedrooms and abundant storage. Thoughtfully designed floor plans provide comfortable everyday living with the space, flexibility, and long-term appeal that make two-family properties so desirable. Additional features include basement storage, coin-operated laundry, off-street parking, and a private patio area ideal for dining, entertaining, or gardening. Ideally located just moments from downtown Melrose, commuter rail service, local shops, restaurants, parks, and major commuting routes. Rare opportunity to own a versatile two-family in one of Melrose's most sought-after neighborhoods, convenient to Boston and all that downtown Melrose has to offer.
This home has been viewed 26 times
Last Checked: June 18th, 2026 at 9:48am (Source: MLS PIN #73533244)
Gross Income: $72,000
Gross Expenses: $17,486
Net Income Calc: $54,514
Water Views
Annual Expenses for 51 Gooch St, Melrose MA 02176
Total Gross Expenses (Calculated)$17,486/year
APOD AvailableYes
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax10036
Annual Income & Unit Breakdown for 51 Gooch St, Melrose MA 02176
Total Gross Income (Calculated)$72,000
Unit 1
Rental Income$0
LeaseY
Bedrooms2
Bathrooms1 Full
Floor1
Levels in Unit1
Rent IncludesHeat
Unit 2
Rental Income$0
LeaseY
Bedrooms2
Bathrooms1 Full, 1 Half
Floor2
Levels in Unit1
Rent IncludesHeat
General Information for 51 Gooch St, Melrose MA 02176
Listing ID73533244
Property TypeMulti Family
Price999000 ($395.8/SqFt)
StyleMulti Family
CityMelrose
CountyMiddlesex
Neighborhood(s)
Approximate Living Area Total2524
Approximate Lot Size (Acres)0.11
Total Parking4
Garage Parking0
Year Built1910
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction MaterialsFrame
Lot Features
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningURA
Water ViewsNo
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 51 Gooch St, Melrose MA 02176
Lead PaintNone
UFFINo
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsWasher/Dryer
Financial Data SourceEstimated
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 51 Gooch St, Melrose MA 02176
Real Estate Taxes10036
Tax Year2026
Assessed Value$875,000
Financial Data SourceEstimated
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 51 Gooch St, Melrose MA 02176
Elementary SchoolApply
Middle SchoolMvmms
High SchoolMhs
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 51 Gooch St, Melrose MA 02176