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INVESTMENT SNAPSHOT
About this property
Positioned just moments from downtown Melrose, this well-maintained two-family offers a rare opportunity to own in one of the city's most sought-after and convenient locations. From coffee shops and restaurants to local boutiques, the library, parks, commuter rail, and seasonal farmers market, everything that makes Melrose such a desirable place to live is right outside your door. With a NEW ROOF and the first-floor unit now VACANT, the property offers added flexibility for an owner-occupant or investor. Both units feature updated kitchens with stone countertops, generous living spaces, and wood floors throughout much of each unit. The second-floor unit is currently occupied by a tenant-at-will. A shared outdoor patio creates additional space to relax or gather, while four off-street parking spaces provide a valuable convenience rarely found this close to downtown. Whether you're looking to move right in while generating rental income or add to your investment portfolio, this property combines location, flexibility, and opportunity in the heart of Melrose.
Property details
| Units | 2 |
| Living area | 1,811 sqft |
| Lot size | 6,342 sqft |
| Year built | 1860 |
| Price / sqft | $486 |
| County | Middlesex |
| MLS # | 73581327 |
Listing status
| Days on market | 0 days |
| Listed on | September 23, 2026 |
Taxes & financials
| Annual property tax | $8,663 |
| Tax year | 2026 |
| Assessed value | $755,300 |
| Zoning | URD |
| Gross income (actual) | $28,800/yr |
| Net operating income (actual) | $28,800/yr |
| Total actual rent | $4,600/mo |
Building & lot
| Stories | 2 |
| Total rooms | 9 |
| Lot size | 0.15 acres |
| Garage spaces | 0 |
| Parking spaces | 4 |
| Parking | Paved Drive, Off Street |
| Basement | Full, Interior Entry, Concrete, Unfinished |
| Foundation | Block, Stone |
| Roof | Shingle |
| Construction | Frame |
| Flooring | Wood, Tile |
Utilities & systems
| Heating | Baseboard, Oil, Electric |
| Cooling | None |
| Sewer | Public Sewer |
| Water | Public |
| Utilities | for Electric Range, for Electric Dryer, Washer Hookup |
| Appliances | Range, Refrigerator, Microwave |
Location
More about investing in Melrose →
Listing courtesy of a MLS PIN member office. Listing data © MLS PIN.
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Questions & answers
Auto-generated from the listing data — richer AI answers coming with the live site.
How many units does 143 Myrtle Street, Melrose MA 02176 have?
It is a 2-unit multi-family property with 1,811 sqft of living area, built in 1860.
How long has 143 Myrtle Street, Melrose MA 02176 been on the market?
143 Myrtle Street, Melrose MA 02176 has been listed for 0 days (since September 23, 2026).
What is the price per unit?
At a list price of $879,900 across 2 units, that works out to roughly $439,950 per unit.
What are the property taxes on 143 Myrtle Street, Melrose MA 02176?
Annual property taxes are $8,663 (2026), on an assessed value of $755,300.
What is the price per square foot?
At $879,900 for 1,811 sqft, that's about $486 per square foot.
Is there parking?
4 total parking spaces (paved drive, off street).
Where is this property located?
143 Myrtle Street, Melrose MA 02176 is in Melrose, Middlesex County, MA 02176.
