Exceptional opportunity to own a two-family in one of Melrose's most desirable locations! Situated on a quiet, tree-lined dead-end street in the heart of downtown, this property is ideal for both owner-occupants and investors. Enjoy easy access to Melrose's popular restaurants, shops, and coffee houses, with an impressive Walk Score of 84. Just steps from the newly upgraded Wyoming Hill Commuter Rail station (Fall 2026) and MBTA bus lines, offering a convenient 12-minute train ride to downtown Boston. Both units feature updated kitchens with stainless steel appliances and granite countertops, refinished hardwood floors, and bathroom improvements. Major mechanical upgrades include a NEW Burnham steam boiler in Unit 1 (November 2025), complete with automatic water feeder, low-water cutoff, and Sila's five-year parts and labor warranty, as well as a Burnham steam boiler in Unit 2 (April 2020). Both units have separate heating systems and hot water heaters, plus individual washers and dryers in the basement. Additional improvements include custom interior doors in Unit 2 and new exterior front steps. Outside, enjoy a spacious backyard and off-street parking for 5+ vehicles. With an incredibly strong rental history, separate utilities, and significant mechanical updates this is a fantastic opportunity to own a versatile two-family in a premier Melrose location! Includes a pre-paid snow removal package for the 2026-27 Winter season!
This home has been viewed 6 times
Last Checked: November 12th, 2026 at 10:23am (Source: MLS PIN #73601360)
Gross Income: $0
Gross Expenses: $9,463
Net Income Calc: $9,463
Annual Expenses for 35-37 Circuit St, Melrose MA 02176
Total Gross Expenses (Calculated)$9,463/year
APOD AvailableNo
Heating
Electricity
Water
Gas
Insurance
Sewer
Trash Removal
Repair & Maintenance
Management
Miscellaneous
Real Estate Tax9463
Annual Income & Unit Breakdown for 35-37 Circuit St, Melrose MA 02176
Total Gross Income (Calculated)$0
Unit 1
Rental Income$0
LeaseN
Bedrooms1
Bathrooms1 Full
Floor1
Levels in Unit1
Rent Includes
Unit 2
Rental Income$0
LeaseN
Bedrooms2
Bathrooms1 Full
Floor2
Levels in Unit1
Rent Includes
General Information for 35-37 Circuit St, Melrose MA 02176
Listing ID73601360
Property TypeMulti Family
Price899000 ($483.33/SqFt)
StyleMulti Family
CityMelrose
CountyMiddlesex
MLS AreaWyoming
Neighborhood(s)
Approximate Living Area Total1860
Approximate Lot Size (Acres)0.1
Total Parking5
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 Description
Accessible Features
Outdoor SpaceCovered
ZoningURA
Water Views
Water Views Features
Waterfront0
Waterfront Features
Terms
Disclosures for 35-37 Circuit St, Melrose MA 02176
Lead PaintNone
UFFI
Living Area Includes BasementNo
Living Area Disclosure
Building Area SourcePublic Records
ExclusionsPersonal Property
Financial Data SourceEstimated
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 35-37 Circuit St, Melrose MA 02176
Real Estate Taxes9463
Tax Year2026
Assessed Value$825,000
Financial Data SourceEstimated
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 35-37 Circuit St, Melrose MA 02176
Elementary SchoolLincoln
Middle SchoolMelrose
High SchoolMelrose
Neighborhood(s)
MLS AreaWyoming
Area AmenitiesWalk/jog Trails
Contact Information for 35-37 Circuit St, Melrose MA 02176