Sold
$1,450,000on June 30, 2026
$1,450,000
Sold3-5 E Foster St
Melrose, MA, 02176
Commercial · MLS #73490896
Sold in
34 days
Lot size
0.05 ac
0.05 acres
Lot
About this home
Classic Victorian mixed-use building in the heart of downtown Melrose, just steps to shops, restaurants, commuter rail, and bus lines. This well-maintained and highly admired property features four residential units and two commercial spaces with excellent street frontage and visibility. All units are fully rented, generating high, consistent operating income. The building has seen numerous updates, including renovated kitchens and baths in select units, updated flooring, newer water heaters, and a new chimney liner, offering both charm and modern reliability. With ample nearby public parking and a prime location in a vibrant downtown setting, this is a rare opportunity for investors seeking a turnkey property with solid income and long-term upside.
Property details
- Parking
- Common
Listed by Lesley Smith · Barrett Sotheby's International Realty
This home has sold
Sold for $1,450,000on June 30, 2026
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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