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64 Cleveland St, Melrose MA 02176

$1,000,000

Estimated $2,330/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $500,000

Total Rent: 54480/year

Estimated CAP Rate:

3 Bedrooms

Baths

2276

Total Parking: 4

5,950 (0.14)

This is a beautiful standard two family up/Down with a finished walk up attic. Both unit kitchens are fully applianced, separate entries from common entry ways. You have 4 side by side parking spots. Two private fenced in outdoor sitting areas, a Reeds Ferry Shed, Cedar Impressions Vinyl Siding, Composite vinyl porch, stairways in the back and granite stairway in front, Separate utilities, for heat & hot water, and two separate W/D set ups the basement. First floor kitchen is radiant heated, walk up attic has a HVAC unit, sprinkler system, and you are a short walk to the commuter rail to Boston and bus service to Oak Grove train station, Easy access to route 93 both North and South, Orange line is approximately 1 mile away. Melrose offers many restaurants and shopping opportunities, public Library, Hospital, Ell Pond, two supermarkets (Shaw's & Whole Foods), public tennis courts, parks, swimming pool, and both Public & Private schools. A great community with Victorian fair, etc.

This home has been viewed 12 times

Last Checked: July 20th, 2026 at 6:18am (Source: MLS PIN #73549691)

Gross Income: $54,480

Gross Expenses: $8,499

Net Income Calc: $45,981

Water Views

Annual Expenses for 64 Cleveland St, Melrose MA 02176

Total Gross Expenses (Calculated)$8,499/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax8499

Annual Income & Unit Breakdown for 64 Cleveland St, Melrose MA 02176

Total Gross Income (Calculated)$54,480

Unit 1

Rental Income$0

LeaseN

Bedrooms1

Bathrooms1 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms2 Full

Floor2

Levels in Unit2

Rent IncludesHeat

General Information for 64 Cleveland St, Melrose MA 02176

Listing ID73549691

Property TypeMulti Family / 2 Family

Price1000000 ($439.37/SqFt)

Style2 Family - 2 Units Up/down

CityMelrose

CountyMiddlesex

Neighborhood(s)

Approximate Living Area Total2276

Approximate Lot Size (Acres)0.14

Total Parking4

Garage Parking0

Year Built1900

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

ZoningURA

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 64 Cleveland St, Melrose MA 02176

Lead PaintNone

UFFI

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

Exclusions.

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 64 Cleveland St, Melrose MA 02176

Real Estate Taxes8499

Tax Year2025

Assessed Value$858,500

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 64 Cleveland St, Melrose MA 02176

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 64 Cleveland St, Melrose MA 02176

Agent

Name: Alexander Zedros

Office

Name: Harbor View Real Estate Corp.

Phone: 781-661-8021

Payment Calculator

, Interest

Property Taxes 708.25

Principal & Interest 6161.68

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Harbor View Real Estate Corp.

Alexander Zedros

Agent Phone

Office Phone

(781) 661-8021

Text Agent Call Agent Call Office

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EXIT

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