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143 Myrtle Street, Melrose MA 02176

$879,900

Estimated $2,149/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $439,950

Total Rent: 55200/year

Estimated CAP Rate:

4 Bedrooms

Baths

1811

Total Parking: 4

6,342 (0.15)

Positioned just moments from downtown Melrose, this well-maintained two-family offers a rare opportunity to own in one of the city's most sought-after and convenient locations. From coffee shops and restaurants to local boutiques, the library, parks, commuter rail, and seasonal farmers market, everything that makes Melrose such a desirable place to live is right outside your door. Both units are occupied by tenants-at-will and feature updated kitchens with stone countertops, generous living spaces, and hardwood flooring throughout much of each unit. A shared outdoor patio creates additional space to relax or gather, while four off-street parking spaces provide a valuable convenience rarely found this close to downtown. Whether you're seeking an investment property, planning for future owner-occupancy, or looking for long-term flexibility, this property combines location, functionality, and opportunity in the heart of Melrose.

This home has been viewed 4 times

Last Checked: June 18th, 2026 at 9:23am (Source: MLS PIN #73537449)

Gross Income: $55,200

Gross Expenses: $8,663

Net Income Calc: $46,537

Water Views

Annual Expenses for 143 Myrtle Street, Melrose MA 02176

Total Gross Expenses (Calculated)$8,663/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax8663

Annual Income & Unit Breakdown for 143 Myrtle Street, Melrose MA 02176

Total Gross Income (Calculated)$55,200

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms1 Full

Floor2

Levels in Unit1

Rent IncludesHeat

General Information for 143 Myrtle Street, Melrose MA 02176

Listing ID73537449

Property TypeMulti Family

Price879900 ($485.86/SqFt)

StyleMulti Family

CityMelrose

CountyMiddlesex

Neighborhood(s)

Approximate Living Area Total1811

Approximate Lot Size (Acres)0.15

Total Parking4

Garage Parking0

Year Built1860

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

ZoningURD

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 143 Myrtle Street, Melrose MA 02176

Lead PaintNone

UFFINo

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourceMeasured

ExclusionsDryer

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 143 Myrtle Street, Melrose MA 02176

Real Estate Taxes8663

Tax Year2026

Assessed Value$755,300

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 143 Myrtle Street, Melrose MA 02176

Elementary SchoolApply

Middle SchoolMvmms

High SchoolMhs

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 143 Myrtle Street, Melrose MA 02176

Agent

Name: Kim Izzi

Office

Name: Leading Edge Real Estate

Phone: 781-979-0100

Payment Calculator

, Interest

Property Taxes 721.92

Principal & Interest 5421.66

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Leading Edge Real Estate

Kim Izzi

Agent Phone

Office Phone

(781) 979-0100

Text Agent Call Agent Call Office

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EXIT

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