16-18 Beacon Pl, Melrose MA 02176

Melrose, MA 02176
$999,000
Est. $5,317/month
5
Beds
3
Baths
2,977
Sq Ft
$336
Price/Sq Ft
0.15
Acres
1900
Year Built
Multi Family
Type
78
Days on Market
Active Price Drop -$80,000 Listed Sep 26, 2025 • MLS# 73402009

About this home

Don’t miss this rare opportunity to own a side-by-side 2-family home in the heart of Melrose Center! This versatile property offers the perfect blend of comfort, convenience and investment potential. Unit 16 offers 1 bedroom,1 bathroom, loft and in-unit laundry. Recent upgrades include refinished hardwood floors, fresh paint, updated kitchen countertops and cabinetry. Unit 18 features 4 bedrooms and 2 bathrooms over three levels. The first floor includes a spacious eat-in kitchen and bright living room with sliding doors leading to a private patio and garden. The second floor features 2 bedrooms, a full bathroom, laundry and an additional living room. The top floor has 2 more bedrooms with a centrally located full bathroom. Each unit has separate utilities and private entries, making this ideal for owner-occupants, families or rental income. A new roof and solar panels were installed within 2 years. Home will be delivered vacant. Generous off-street parking. Unbeatable location!!!

Facts & Features

Property Overview

Property Type
Multi Family
Property Category
Residential Income
Year Built
1900
Bedrooms
5
Full Bathrooms
3
Living Area
2,977 sq ft
Total Rooms
14
Stories
6
Levels
6

Interior Features

Flooring
Carpet, Hardwood
Heating
Forced Air, Natural Gas, Baseboard
Has Heating
Yes
Cooling
Window Unit(s), None, Central Air
Has Cooling
No
Has Fireplace
No
Appliances
Range, Refrigerator, Washer, Dryer, Dishwasher, Freezer
Interior Features
Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub & Shower, Storage, Walk-In Closet(s), Remodeled, Living Room, Kitchen, Laundry Room, Family Room
Basement Details
Partial, Interior Entry, Concrete, Unfinished
Window Features
Box/Bay/Bow Window(s)

Exterior & Structure

Construction Materials
Frame
Roof
Shingle
Foundation
Concrete Perimeter, Stone
Exterior Features
Garden
Patio/Porch Features
Patio
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.15 acres
Lot Size
6,682 sq ft
Lot Size Area
0.1500
Lot Features
Cleared, Level
Road Frontage Type
Private Road

Parking & Garage

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

Utilities & Systems

Utilities Available
for Gas Range, for Gas Oven
Water Source
Public
Sewer
Public Sewer

Community & HOA

Community Features
Public Transportation, Shopping, Park, Walk/Jog Trails, Golf, Medical Facility, Highway Access, House of Worship, Public School
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$9,450
Tax Year
2025
Tax Assessed Value
$954,500
Parcel Number
M:0D7 P:0000043,654772
Zoning
URC

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Disclosures
See attached seller statement/disclosures. Some photos are virtually staged.

Location

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Neighborhood

16-18 Beacon Pl, Melrose MA 02176

Melrose, MA 02176

Walkability

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Schools

Middle School
Melrose Middle
Rating information coming soon
High School
Melrose High
Rating information coming soon

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $788
Homeowners Insurance $200
PMI $0

Property History

Market Insights

1
Price Changes
7.4%
Price Range

Property Timeline

Price Reduced
Sep 24, 2025
$999,000 $80,000 (-7.41%)
From $1,079,000 to $999,000 (-7.4%)
🏠
Listed for Sale
Jul 9, 2025
$1,079,000
Original listing

Price & Status History

Date Event Price Change
Sep 24, 2025 Price Changed $999,000 -$80,000
Jul 9, 2025 New Listing Added $1,079,000

Market Statistics

Days on Market
78 days
Price per Sq Ft
$336
Total Price Drop
-$80,000

Tax History

Year Taxes Assessment
2025 $9,450 $954,500

Financial Details

Annual Property Tax
$9,450
Tax Year 2025
Assessed Value
$954,500

Listing Information

Listing Agent Patricia Candela
Listing Office Centre Realty Group
Agent MLS ID CN210175
Office MLS ID BB5200

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