aisellshomes.space

$1,450,000

New

38-40 Hurd Street

Melrose, MA, 02176

Multi-Family · MLS #73521788

Price/sqft

$412

Days on market

New today

Year built

1900

Lot size

0.09 ac

3,519 sq ft

Sq Ft

0.09 acres

Lot

1900

Year Built

Taxes: $11,415 (2025)

About this home

***Open House Saturday 1-2:30pm***Investor and owner-occupant opportunity in the heart of Melrose! Well-maintained 4-family property offering strong income potential and flexible living arrangements. This spacious multi-unit building features 9 bedrooms and 4 full baths across approximately 3,519 sq ft of living space. Units offer functional layouts with bright living areas, updated kitchens, hardwood/vinyl flooring, and separately metered utilities. Additional highlights include off-street parking, shared laundry, and a full basement for storage. Conveniently located near downtown Melrose shops, restaurants, parks, schools, and public transportation, including the Wyoming Hill commuter rail station for easy access to Boston. Excellent opportunity to expand your investment portfolio or offset your mortgage with rental income in one of Melrose’s most desirable neighborhoods

Property details

Basement
Full

Listed by Jonathan Mathews · Legacy Realty Advisors LLC

Schedule a showing

38-40 Hurd Street

By submitting you agree to be contacted by Antonio Illas.

Estimated payment

$8,887 / month

Down payment20% · $290,000
Interest rate6.50%

Loan term

Principal & interest
$7,332
Property tax
$951
Home insurance
$604

Estimate only. Actual payment may vary based on credit, taxes, HOA, and insurance. Tax estimate uses listed taxes.