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Pending

250 Tremont St, Melrose MA 02176

$999,900

Estimated $2,169/month Calculator

Multi Family

Total Units: 2

Price Per Unit: $499,950

Total Rent: 57600/year

Estimated CAP Rate:

4 Bedrooms

Baths

2668

Total Parking: 4

8,041 (0.18)

When opportunity knocks, 250 Tremont answers with open doors! This is a fantastic chance for first-time buyers and savvy investors alike. Imagine moving in and having the additional unit help cover your expenses, or purchasing this property as an investment and watching your equity grow over time. Prime Location - The location couldn't be more ideal—just around the corner from the commuter rail and the vibrant Melrose Highlands, known for its eclectic shops and delightful restaurants. With easy access to Routes 1 and I-93, commuting and exploring the area is a breeze. Well-Maintained Property - The current owner has meticulously cared for this property, ensuring it remains in excellent condition. Both units feature two bedrooms, with the second-floor unit boasting an extra bonus room currently utilized as a spacious walk-in closet. Enjoy updated kitchens and bathrooms, separate utilities for each unit, convenient laundry facilities in the building, and ample off-street parking.Don't miss out on this incredible opportunity—whether you're looking to make it your home or add to your investment portfolio, 250 Tremont is ready to welcome you!

This home has been viewed 7 times

Last Checked: September 15th, 2026 at 9:43pm (Source: MLS PIN #73566314)

Gross Income: $57,600

Gross Expenses: $6,576

Net Income Calc: $51,024

Water Views

Annual Expenses for 250 Tremont St, Melrose MA 02176

Total Gross Expenses (Calculated)$6,576/year

APOD AvailableNo

Heating

Electricity

Water

Gas

Insurance

Sewer

Trash Removal

Repair & Maintenance

Management

Miscellaneous

Real Estate Tax6576

Annual Income & Unit Breakdown for 250 Tremont St, Melrose MA 02176

Total Gross Income (Calculated)$57,600

Unit 1

Rental Income$0

LeaseN

Bedrooms2

Bathrooms2 Full

Floor1

Levels in Unit1

Rent IncludesHeat

Unit 2

Rental Income$0

LeaseN

Bedrooms2

Bathrooms2 Full

Floor2

Levels in Unit1

Rent IncludesHeat

General Information for 250 Tremont St, Melrose MA 02176

Listing ID73566314

Property TypeMulti Family / 2 Family

Price999900 ($374.78/SqFt)

Style2 Family - 2 Units Up/down

CityMelrose

CountyMiddlesex

Neighborhood(s)

Approximate Living Area Total2668

Approximate Lot Size (Acres)0.18

Total Parking4

Garage Parking0

Year Built1900

Year Built SourcePublic Records

Year Built DetailsActual

WaterPublic

SewerPublic Sewer

Electric220 Volts

Hot Water

Roof MaterialAsphalt/fiberglass Shingles

BasementFull

Construction MaterialsFrame

Lot FeaturesGentle Sloping

Foundation Area0

Foundation Description

Accessible Features

Outdoor SpaceCovered

ZoningURB

Water ViewsNo

Water Views Features

Waterfront0

Waterfront Features

Terms

Disclosures for 250 Tremont St, Melrose MA 02176

Lead PaintNone

UFFINo

Living Area Includes BasementNo

Living Area Disclosure

Building Area SourcePublic Records

ExclusionsPersonal Belongings.

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 250 Tremont St, Melrose MA 02176

Real Estate Taxes6576

Tax Year2025

Assessed Value$664,200

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 250 Tremont St, Melrose MA 02176

Elementary SchoolRoosevelt

Middle SchoolMvmms

High SchoolMelrose High

Neighborhood(s)

Area AmenitiesWalk/jog Trails

Contact Information for 250 Tremont St, Melrose MA 02176

Agent

Name: Mark Hutchinson

Office

Name: Brad Hutchinson Real Estate

Phone: 781-665-2222

Payment Calculator

, Interest

Property Taxes 548

Principal & Interest 6161.07

HOA Dues

Term

Interest

Home Price

Down Payment

Exclusive Listing Agent

Brad Hutchinson Real Estate

Mark Hutchinson

Agent Phone

Office Phone

(781) 665-2222

Text Agent Call Agent Call Office

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EXIT

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