Investment Properties for Sale in Melrose, MA

5 results

0 listings scored
Property at 24-26 Tappan Street, Melrose, MA 02176
1 / 37
Active

$949,900

24-26 Tappan Street, Melrose, MA 02176

4 bds
|
2.5 ba
|
2181 sqft

$436/sqft · 27 days on market

MLS® 735900222 Family - 2 Units Up/Down
Coldwell Banker Realty - Boston - Lento + Rivkind Real Estate Team
Property at 56 Franklin Street, Melrose, MA 02176
1 / 33
Active
New

$1,189,000

56 Franklin Street, Melrose, MA 02176

5 bds
|
3.5 ba
|
2680 sqft

$444/sqft · 2 days on market

MLS® 73599976Multi Family
Compass - Leeman & Gately
Property at 22 E Emerson St, Melrose, MA 02176
1 / 30
Active
Price drop

$1,179,000

Price reduced by

22 E Emerson St, Melrose, MA 02176

7 bds
|
3 ba
|
3530 sqft

$334/sqft · 60 days on market

MLS® 735749822 Family - 2 Units Up/Down
Fairview Partners International LLC - Zhiqiang Zhang
Property at 40 Hurd St, Melrose, MA 02176
1 / 26
Active
Price drop

$1,250,000

Price reduced by

40 Hurd St, Melrose, MA 02176

9 bds
|
4 ba
|
3519 sqft

$355/sqft · 41 days on market

MLS® 735839754 Family
Legacy Realty Advisors LLC - Jonathan Mathews
Property at 28-30 Crescent Ave, Melrose, MA 02176
1 / 42
Active
Price drop

$849,000

Price reduced by

28-30 Crescent Ave, Melrose, MA 02176

6 bds
|
2 ba
|
2472 sqft

$343/sqft · 77 days on market

MLS® 73567250Multi Family
Berkshire Hathaway HomeServices Verani Realty - Charlotte Marroccomohler

Estimates — not financial advice

This is a property-search tool for investors. Any financial figures shown are illustrative estimates — not an appraisal, guarantee, or investment advice. Verify independently and consult your own advisors.

Investing in Melrose, MA: income properties at a glance

There are 5 multi-family and income properties for sale in Melrose, MA right now. Each listing above is scored for estimated cap rate, cash flow and gross rent multiplier, using MLS-reported rents where the listing has them and HUD Small Area Fair Market Rents where it doesn't.

Income properties for sale
5
Median list price
$1,179,000

Among the 5 listings shown above

Median price per unit
$474,950

3 listings with a known unit count

Unit mix

  • 2-family: 2
  • 4-family: 1

Returns are estimated at 25% down, a 7% 30-year mortgage, 20% operating expenses and 5% vacancy. Adjust the assumptions above to underwrite your own deal.

Melrose, MA housing market reportAll homes for sale in Melrose, MA

Brokerage Information

SmartHubBoston

313 Allston Street, Boston, MA, 02135

(925) 759-2384

Market Area Served

Boston, Newton, Brookline, Cambridge, Somerville, Watertown, Natick, Wellesley, Weston and many more.

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.