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$1,050,000
Total Beds: 4 Total Baths: 3
Total Units: 2 SQFT: 2047
LOT size: 0.14 Acres
213-215 Main St
Melrose, MA 02176
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Property Description

Exceptional, well-maintained two-family property offering an outstanding opportunity for both owner-occupants and savvy investors. This versatile home features a highly desirable layout with strong rental income potential, a two-car garage, and off-street parking for up to six additional vehicles—an uncommon amenity in the area. The full walk-out basement provides abundant storage and added functionality. Ideally located just minutes from Oak Grove MBTA Station, commuter rail, parks, shops and vibrant downtown Melrose. The property is perfectly positioned to attract commuters and tenants seeking convenience and accessibility. Close to 93/95/Rte 1. The spacious yard offers the ideal setting for outdoor entertaining or gardening. Whether you're looking to expand your investment portfolio, generate reliable rental income, or live in one unit while offsetting your mortgage with rental income from the other, this property offers exceptional long-term value and investment potential.

Property Details

Building Information

  • Total Units: 2
  • Total Floors: 2
  • Total Bedrooms: 4
  • Total Full Baths: 3
  • Amenities: Bike Path, Conservation Area, Highway Access, House of Worship, Medical Facility, Park, Private School, Public School, Public Transportation, Shopping, Swimming Pool, T-Station, Tennis Court, Walk/Jog Trails
  • Basement Features: Concrete Floor, Full, Interior Access, Partially Finished, Sump Pump, Walk Out
  • Common Rooms: Dining Room, Kitchen, Living Room, Office/Den
  • Common Interior Features: Bathroom With Tub & Shower, Ceiling Fans, Floored Attic, Other (See Remarks), Tile Floor, Walk-Up Attic
  • Common Appliances: Dishwasher, Dryer Hookup, Range, Refrigerator, Vent Hood, Wall Oven, Washer & Dryer Hookup, Washer Hookup
  • Common Heating: Ductless Mini-Split System, Electric Baseboard, Extra Flue, Gas, Geothermal Heat Source, Heat Pump, Individual, Oil, Oil, Radiant
  • Common Cooling: Central Air

Financial

  • APOD Available: No
  • Gross Operating Income: 38400
  • Net Operating Income: 38400

Utilities

  • Heat Zones: 2
  • Cooling Zones: 1
  • Electric Info: Circuit Breakers, Underground
  • Utility Connections: Washer Hookup, for Electric Dryer, for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1928
  • Type: 2 Family - 2 Units Up/Down
  • Construction Type: Aluminum, Frame
  • Foundation Info: Granite
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood, Tile, Vinyl
  • Lead Paint: Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73546276
  • Last Updated: 07/08/26
  • Terms: Contract for Deed, Rent w/Option

Mortgage Calculator

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Map

Seller's Representative: Joyce Diliegro, J. Barrett & Company
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing 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 or leasing. 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 set forth herein.

MLS PIN data last updated at 2026-07-08 08:52:00

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