Sold
$1,505,000on December 15, 2025
Listed at $1,325,000 · +13.6% vs list
$1,325,000
Sold35-41 Brazil St
Melrose, MA, 02176
Multi-Family · MLS #73435634
Sold $/sqft
$372
Sold in
Same day
Year built
1895
Lot size
0.35 ac
4,050 sq ft
Sq Ft
0.35 acres
Lot
1895
Year Built
Taxes: $10,944 (2025)
About this home
CASH COW ALERT: Melrose Multi-Family Gold Mine! Four units. Seven parking spots. Infinite possibilities. This charming Melrose quad isn't your typical investment property - it's a strategic opportunity where tenants currently pay below-market rents while you're sitting on $2,300/month potential per unit. That's immediate upside without touching a thing. Location seals the deal: steps from Oak Grove Orange Line, MBTA Commuter Rail, and Bus Line stop for seamless Boston commutes, plus Fells Reservation hiking trails at your doorstep. This rare combination of urban accessibility and outdoor recreation commands the premium rents that busy professionals gladly pay. Smart fundamentals include separate utilities, individual basement storage with laundry, private outdoor space per unit, and eat-in kitchens. 3 of the 4 Units are currently rented with one recently vacated. Hold and optimize rents for steady cash flow, or explore condo conversion potential in this coveted market.
Property details
- Road type
- Public, Paved, Publicly Maint.
- Basement
- Full, Interior Access, Concrete Floor, Unfinished Basement
- Electric
- Circuit Breakers
Listed by Alison Socha Group · Leading Edge Real Estate
This home has sold
Sold for $1,505,000on December 15, 2025
+13.6% 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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