103 East Foster Street, Melrose MA 02176

Melrose, MA 02176
$866,000
Est. $4,609/month
5
Beds
2
Baths
2,100
Sq Ft
$412
Price/Sq Ft
0.11
Acres
1972
Year Built
2 Family - 2 Units Up/Down
Type
11
Days on Market
Closed Listed Sep 26, 2025 • MLS# 73337287

About this home

Incredible investment opportunity waits for a savvy buyer. Live in one unit and rent the other or enjoy multiple streams of income. This well-maintained two-family home offers a fantastic 3 bed, 1 bath unit on the main level which also features a fireplace living room. The lower-level unit boasts 2 bedrooms, 1 bath and great living space. Enjoy the ease of separate utilities which include newer heating systems and hot water tanks. Additional highlights include a newer roof and off-street parking! The home's incredible commuter location sits near the commuter rail and offers easy access to major highways.

Sale Statistics

Sale Overview
Original List Price: $849,900
Final Sale Price: $866,000
Difference: +$16,100 (+1.9%)
Performance Metrics
101.9%
List to Sale Ratio
Sold above asking price
11
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $405
Sale $/sq ft: $412
This property sold for $412 per square foot
Sale Summary

This property sold for 1.9% above the original asking price, indicating strong buyer demand.

With only 11 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Property Overview

Property Type
2 Family - 2 Units Up/Down
Property Category
Residential Income
Year Built
1972
Bedrooms
5
Full Bathrooms
2
Living Area
2,100 sq ft
Total Rooms
10
Stories
2
Levels
2

Interior Features

Flooring
Carpet
Heating
Baseboard, Natural Gas
Has Heating
Yes
Has Fireplace
Yes
Number of Fireplaces
1
Appliances
Range, Refrigerator
Interior Features
Mudroom, Ceiling Fan(s), Bathroom With Tub, Living Room, Dining Room, Kitchen, Sunroom, Laundry Room
Basement Details
Full, Finished, Walk-Out Access, Interior Entry
Window Features
Box/Bay/Bow Window(s)

Exterior & Structure

Construction Materials
Frame
Roof
Shingle
Foundation
Concrete Perimeter
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.11 acres
Lot Size
4,600 sq ft
Lot Size Area
0.1100
Lot Features
Corner Lot, Level
Road Surface Type
Paved
Road Frontage Type
Public

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
4
Parking Features
Off Street

Utilities & Systems

Utilities Available
for Gas Range
Water Source
Public
Sewer
Public Sewer
Electric
Circuit Breakers

Community & HOA

Community Features
Public Transportation, Shopping, Park, Golf, Medical Facility, Public School
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$7,062
Tax Year
2025
Tax Assessed Value
$713,300
Parcel Number
654838
Zoning
URB

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Disclosures
Tenant has a lease agreement till the end of July 2025 Living area is approximate

Location

Loading map...

Neighborhood

103 East Foster Street, Melrose MA 02176

Melrose, MA 02176

Walkability

Loading Walk Score...

Schools

School information not available

Monthly Payment Calculator

%
%
Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $589
Homeowners Insurance $200
PMI $0

Property History

Market Insights

1.9%
Price Range
12
Total Days on Market

Property Timeline

Sold
Apr 16, 2025
$866,000
Property sold
Days on Market: 12
🏠
Listed for Sale
Feb 21, 2025
$849,900
Original listing
Agent: Joanne Mulkerin Office: J. Mulkerin Realty

Price & Status History

Date Event Price Change
Feb 21, 2025 New Listing Added $849,900

Market Statistics

Days on Market
11 days
Price per Sq Ft
$412

Tax History

Year Taxes Assessment
2025 $7,062 $713,300

Financial Details

Annual Property Tax
$7,062
Tax Year 2025
Assessed Value
$713,300

Listing Information

Listing Agent Joanne Mulkerin
Listing Office J. Mulkerin Realty
Agent MLS ID B0487088
Office MLS ID AN1082

Similar Homes

103 East Foster Street, Melrose MA 02176 - Photo 1 103 East Foster Street, Melrose MA 02176 - Photo 2 103 East Foster Street, Melrose MA 02176 - Photo 3 103 East Foster Street, Melrose MA 02176 - Photo 4 103 East Foster Street, Melrose MA 02176 - Photo 5 103 East Foster Street, Melrose MA 02176 - Photo 6 103 East Foster Street, Melrose MA 02176 - Photo 7 103 East Foster Street, Melrose MA 02176 - Photo 8 103 East Foster Street, Melrose MA 02176 - Photo 9 103 East Foster Street, Melrose MA 02176 - Photo 10 103 East Foster Street, Melrose MA 02176 - Photo 11 103 East Foster Street, Melrose MA 02176 - Photo 12 103 East Foster Street, Melrose MA 02176 - Photo 13 103 East Foster Street, Melrose MA 02176 - Photo 14 103 East Foster Street, Melrose MA 02176 - Photo 15 103 East Foster Street, Melrose MA 02176 - Photo 16 103 East Foster Street, Melrose MA 02176 - Photo 17 103 East Foster Street, Melrose MA 02176 - Photo 18 103 East Foster Street, Melrose MA 02176 - Photo 19 103 East Foster Street, Melrose MA 02176 - Photo 20 103 East Foster Street, Melrose MA 02176 - Photo 21 103 East Foster Street, Melrose MA 02176 - Photo 22 103 East Foster Street, Melrose MA 02176 - Photo 23 103 East Foster Street, Melrose MA 02176 - Photo 24 103 East Foster Street, Melrose MA 02176 - Photo 25

Contact Agent

Schedule a Tour