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Sold

$6,570,000on May 28, 2026

Listed at $7,000,000 · -6.1% vs list

$7,000,000

Sold

447 Pleasant St

Melrose, MA, 02176

Multi-Family · MLS #73380148

Sold $/sqft

$489

Sold in

1 day

Year built

1964

Lot size

0.45 ac

13,440 sq ft

Sq Ft

0.45 acres

Lot

1964

Year Built

Taxes: $31,085 (25)

About this home

447 Pleasant St is a three-story brick building with 24 residential units consisting of 1 Studio unit and (23) 1-Bedroom/1-Bathroom units. The units are separately metered for electric, which is paid directly by the tenants. The Landlord is responsible for electric heat and hot water, common area electric, and domestic water and sewer. 447 Pleasant Street has been well maintained throughout ownership and features ample off-street parking with 21 spaces. The Property also offers an elevator and on site laundry facility, and each unit has a private walk-out patio or balcony. 447 Pleasant Street offers the opportunity to acquire a well-maintained investment Property with upside in an exceptional, urban-infill location. The subject property is ideal for a potential buyer looking for income growth and strong investment returns. In-place rents are below market rates, providing significant potential for upside by achieving market rents through programmatic upgrades to the unrenovated units.

Property details

Electric
Individually Metered

Listed by Kelleher - Pentore Team · Horvath & Tremblay

This home has sold

Sold for $6,570,000on May 28, 2026

-6.1% vs list

Showings aren't available for this property, but Antonio Illas can find you homes like this one in Melrose that are still on the market.

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