Welcome to 17 Linden Road, an expansive 2-family home ideally located in Melrose's desirable Downtown-Horace Mann neighborhood. Situated on a one-way street, this well-cared-for property offers incredible flexibility, with the potential to accommodate up to 7 bedrooms across 2 spacious units. Unit 1 offers a comfortable layout with 3 bedrooms, hardwood floors, a stainless steel applianced kitchen with ample counter space, a flexible eat-in area, and the option for a separate formal dining room. Unit 2 spans two floors in a desirable townhouse-style layout and features a modern granite kitchen, tile flooring, ample cabinet storage, and the potential for 4 well-proportioned bedrooms w/ generous closet space. The top floor offers a spacious bedroom and full bathroom, creating a private retreat within the unit. With its flexible floor plan, the property is well suited for investors, multigenerational living, or an owner occupant looking to live in one unit while renting the other. Additional highlights include a fenced-in yard, hardwood floors, charming period details, and thoughtful updates throughout. Enjoy all that Melrose has to offer with an exceptional neighborhood amenity score of 83, endless shops and restaurants.Excellent commuter location between the Cedar Park and Wyoming Hill commuter rail stops, with easy access to Route 1 and I-93. All this within the highly desirable Melrose school district.
This home has been viewed 5 times
Last Checked: September 17th, 2026 at 9:03am (Source: MLS PIN #73574314)
Gross Income: $62,700
Gross Expenses: $9,339
Net Income Calc: $53,361
Water Views
Annual Expenses for 17 Linden Rd, Melrose MA 02176
Total Gross Expenses (Calculated)$9,339/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax9339
Annual Income & Unit Breakdown for 17 Linden Rd, Melrose MA 02176
Total Gross Income (Calculated)$62,700
Unit 1
Rental Income$0
LeaseY
Bedrooms3
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms4
Bathrooms1 Full, 1 Half
Floor2
Levels in Unit2
Rent Includes
General Information for 17 Linden Rd, Melrose MA 02176
Listing ID73574314
Property TypeMulti Family / 2 Family
Price1150000 ($374.35/SqFt)
Style2 Family - 2 Units Up/down
CityMelrose
CountyMiddlesex
Neighborhood(s)
Approximate Living Area Total3072
Approximate Lot Size (Acres)0.12
Total Parking5
Garage Parking0
Year Built1906
Year Built SourcePublic Records
Year Built DetailsApproximate
WaterPublic
SewerPublic Sewer
Electric220 Volts
Hot Water
Roof MaterialAsphalt/fiberglass Shingles
BasementFull
Construction Materials
Lot FeaturesGentle Sloping
Foundation Description
Accessible Features
Outdoor SpaceCovered
ZoningURB
Water ViewsNo
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 17 Linden Rd, Melrose MA 02176
Lead PaintNone
UFFI
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 17 Linden Rd, Melrose MA 02176
Real Estate Taxes9339
Tax Year2025
Assessed Value$943,300
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 17 Linden Rd, Melrose MA 02176
Neighborhood(s)
Area AmenitiesWalk/jog Trails
Contact Information for 17 Linden Rd, Melrose MA 02176