18-20 North High Street, Melrose, MA 02176
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18-20 North High Street, Melrose, MA 02176
18-20 North High Street, Melrose, MA 02176
18-20 North High Street, Melrose, MA 02176
18-20 North High Street, Melrose, MA 02176
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Emma Currier

Emma Currier

+1(413) 977-8200
$ 1,585,000
Est. payment /mo
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18-20 North High Street Melrose, MA 02176

7 Beds

4 Baths

4,154 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 4 Family

Listing Status Active

Purchase Type For Sale

Square Footage 4,154 sqft

Price per Sqft $381

MLS Listing ID 73530094

Bedrooms 7

Full Baths 4

Year Built 1900

Annual Tax Amount $11,079

Tax Year 2025

Lot Size 4,791 Sqft

Acres 0.11

Property Sub-Type 4 Family

Property Description

Rarely does a stabilized four-family come to market with this combination of location, income, and upside. Positioned steps from Cedar Park and the commuter rail, this well-maintained asset delivers immediate cash flow with a clear value-add runway. The building offers 4,154 sq ft across four fully occupied units: three identical 1-bed/1-bath apartments and one, two-level 3-bed/1-bath renovated within the last year. The total rent income is $8,925/month, major systems have been upgraded and utilities separated out to each unit. Cosmetic upgrades for the two, first floor units present a straightforward path to bring rents to market upon turnover. Four off-street parking spaces, coin-op laundry, and consistent capital improvements over the past decade round out a compelling profile. For the long-term holder or condo converter, this is the kind of north-of-Boston multifamily with lots of potentials hard to overlook.

Location

State MA

County Middlesex

Zoning URA

Direction Vinton St to North High

Rooms

Basement Partial, Walk-Out Access, Concrete, Unfinished

Interior

Interior Features Storage, Bathroom With Tub & Shower, Pantry, Remodeled, Living Room, Kitchen

Heating Baseboard, Natural Gas, Unit Control

Flooring Hardwood

Appliance Range, Disposal, Refrigerator, Range Hood, Dishwasher

Exterior

Community Features Public Transportation, Shopping, Pool, Tennis Court(s), Park, Medical Facility, Laundromat, Conservation Area, Private School, Public School

Roof Type Shingle

Total Parking Spaces 4

Garage No

Building

Lot Description Gentle Sloping

Story 5

Foundation Stone

Sewer Public Sewer

Water Public

Schools

High Schools Melrose High

Others

Senior Community false

Virtual Tour https://youtu.be/Xjo-ezrExH0

Listed by Newell Realty
Emma Currier
Emma Currier

Agent

+1(413) 977-8200 | emmavalleyhomes@gmail.com

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18-20 North High Street