Amy O'Brien
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18-20 North High Street
Melrose, MA 02176

$1,585,000

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Listing Details

  • $1,585,000
  • MLS# 73530094
  • Type Multi Unit - Multiple
  • Status Active
  • 7
    Bedrooms
  • 4 full
    Bathrooms
  • 4,154
    Square Feet
  • 0.109 acres
    Lot Size
  • 1900
    Year Built
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Listed By

Agency Name: Newell Realty
Agent Name: Jill Plank Butler
Agency Phone: 781-640-6979

agent picture

Shown By

Agent Name: Amy O'Brien
Agent Phone: (781) 726-2521
Agency Title: Donahue Real Estate Co.

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Home Value Estimate

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....read more

Features

  • Range
  • Disposal
  • Refrigerator
  • Range Hood
  • Dishwasher
  • Hardwood
  • Baseboard, Natural Gas, Unit Control
  • 5.0 Stories
  • $11,079 Taxes
  • Public
  • Built in 1900
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Listed By

Agency Name: Newell Realty
Agent Name: Jill Plank Butler
Agency Phone: 781-640-6979

agent picture

Shown By

Agent Name: Amy O'Brien
Agent Phone: (781) 726-2521
Agency Title: Donahue Real Estate Co.

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 06/04/2026. The listing information on this page last changed on 06/04/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Thu 06/04/2026 2:39:07 PM EST) or MLSPIN MLS (last updated Thu 06/04/2026 2:36:03 PM EST) or Cape Cod / Islands MLS (last updated Thu 06/04/2026 2:37:36 PM EST). Real estate listings held by brokerage firms other than Donahue Real Estate Co. may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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