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213-215 Main St, Melrose MA 02176

$1,050,000

Estimated $2,391/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $525,000

Total Rent: 0/year

Estimated CAP Rate:

4 Bedrooms

Baths

2047

Total Parking: 10 (2 Garage)

5,942 (0.14)

Exceptional, well-maintained two-family property offering an outstanding opportunity for both owner-occupants and savvy investors. This versatile home features a highly desirable layout with strong rental income potential, a two-car garage, and off-street parking for up to six additional vehicles—an uncommon amenity in the area. The full walk-out basement provides abundant storage and added functionality. Ideally located just minutes from Oak Grove MBTA Station, commuter rail, parks, shops and vibrant downtown Melrose. The property is perfectly positioned to attract commuters and tenants seeking convenience and accessibility. Close to 93/95/Rte 1. The spacious yard offers the ideal setting for outdoor entertaining or gardening. Whether you're looking to expand your investment portfolio, generate reliable rental income, or live in one unit while offsetting your mortgage with rental income from the other, this property offers exceptional long-term value and investment potential.

This home has been viewed 10 times

Last Checked: July 17th, 2026 at 10:28am (Source: MLS PIN #73546276)

Gross Income: $0

Gross Expenses: $8,265

Net Income Calc: $8,265

Water Views

Annual Expenses for 213-215 Main St, Melrose MA 02176

Total Gross Expenses (Calculated)$8,265/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax8265

Annual Income & Unit Breakdown for 213-215 Main St, Melrose MA 02176

Total Gross Income (Calculated)$0

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 213-215 Main St, Melrose MA 02176

Listing ID73546276

Property TypeMulti Family / 2 Family

Price1050000 ($512.95/SqFt)

Style2 Family - 2 Units Up/down

CityMelrose

CountyMiddlesex

Neighborhood(s)

Approximate Living Area Total2047

Approximate Lot Size (Acres)0.14

Total Parking10 (2 Garage)

Garage Parking2

Year Built1928

Year Built SourcePublic Records

Year Built DetailsApproximate

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningURB

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 213-215 Main St, Melrose MA 02176

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourceMeasured

ExclusionsInflatable Hot Tub.

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 213-215 Main St, Melrose MA 02176

Real Estate Taxes8265

Tax Year2025

Assessed Value$834,800

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 213-215 Main St, Melrose MA 02176

Elementary SchoolApply

Middle SchoolMelrose Middle

High SchoolMelrose High

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 213-215 Main St, Melrose MA 02176

Agent

Name: Joyce Diliegro

Office

Name: J. Barrett & Company

Phone: 978-922-3683

Payment Calculator

, Interest

Property Taxes 688.75

Principal & Interest 6469.77

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

J. Barrett & Company

Joyce Diliegro

Agent Phone

Office Phone

(978) 922-3683

Text Agent Call Agent Call Office

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    [description] => Exceptional, well-maintained two-family property offering an outstanding opportunity for both owner-occupants and savvy investors. This versatile home features a highly desirable layout with strong rental income potential, a two-car garage, and off-street parking for up to six additional vehicles—an uncommon amenity in the area. The full walk-out basement provides abundant storage and added functionality. Ideally located just minutes from Oak Grove MBTA Station, commuter rail, parks, shops and vibrant downtown Melrose. The property is perfectly positioned to attract commuters and tenants seeking convenience and accessibility.  Close to 93/95/Rte 1. The spacious yard offers the ideal setting for outdoor entertaining or gardening. Whether you're looking to expand your investment portfolio, generate reliable rental income, or live in one unit while offsetting your mortgage with rental income from the other, this property offers exceptional long-term value and investment potential.
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    [unparsed] => 213-215 Main St, Melrose MA 02176
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EXIT

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