250 Tremont St, Melrose MA 02176
Melrose, MA 02176
$999,900
Est. $5,804/month
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Open House Schedule
22
Aug
Saturday, August 22
12:00 PM - 1:30 PM EDT
23
Aug
Sunday, August 23
12:00 PM - 1:30 PM EDT
About this home
When opportunity knocks, 250 Tremont answers with open doors! This is a fantastic chance for first-time buyers and savvy investors alike. Imagine moving in and having the additional unit help cover your expenses, or purchasing this property as an investment and watching your equity grow over time. Prime Location - The location couldn't be more ideal—just around the corner from the commuter rail and the vibrant Melrose Highlands, known for its eclectic shops and delightful restaurants. With easy access to Routes 1 and I-93, commuting and exploring the area is a breeze. Well-Maintained Property - The current owner has meticulously cared for this property, ensuring it remains in excellent condition. Both units feature two bedrooms, with the second-floor unit boasting an extra bonus room currently utilized as a spacious walk-in closet. Enjoy updated kitchens and bathrooms, separate utilities for each unit, convenient laundry facilities in the building, and ample off-street parking.Don't miss out on this incredible opportunity—whether you're looking to make it your home or add to your investment portfolio, 250 Tremont is ready to welcome you!
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Recently Sold Nearby
Property History
Property Timeline
Listed for Sale
Aug 20, 2026
$999,900
Original listing
Agent: Mark Hutchinson
Office: Brad Hutchinson Real Estate
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 08/20/2026 | 🏠 Listed for Sale | $999,900 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $6,576 | $664,200 |
Financial Details
Annual Property Tax
$6,576
Tax Year 2025
Assessed Value
$664,200
Facts & Features
Home Facts
Type
Residential Income
Style
2 Family - 2 Units Up/Down
Year Built
1900
Living Area
2,668 sq ft
Lot Size
0.18 acres
Stories
2
Bedrooms
4
Full Baths
2
Total Rooms
9
Investment Metrics
Units
2
Unit 1 Rent
$2,500/mo · N
Unit 2 Rent
$2,300/mo · N
Total Monthly Rent
$4,800/mo
Gross Income
$57,600
Net Operating Income
$57,600
Cap Rate
5.76%
Interior
Heating
Baseboard, Natural Gas
Cooling
Window Unit(s)
Flooring
Wood, Vinyl, Carpet, Hardwood
Appliances
Range, Disposal, Refrigerator
Fireplace
None
Basement
Full
Laundry
Washer Hookup, Dryer Hookup
Features
Storage, Stone/granite/solid Counters, Upgraded Cabinets, Bathroom With Tub & Shower, Internet Available - Fiber-optic, Walk-in Closet(s), Living Room, Kitchen
Exterior
Construction
Frame
Architecture
None
Roof
Rubber
Features
Rain Gutters
Pool
None
Spa
None
Fencing
None
Patio/Porch
Porch, Deck
Parking
Features
Paved Drive, Off Street, Tandem
Total Spaces
4
Utilities
Electric
200+ Amp Service
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Gas Range, Washer Hookup
Financial
Annual Tax
$6,576
Assessed Value
$664,200
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Lead Paint
Unknown
Seller Disclosures
None
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
House Color
Beige
Sq Ft Source
Public Record
Documents
None
County
Middlesex
Property Overview
Property Type
2 Family - 2 Units Up/Down
Listing Type
For Sale
Year Built
1900
Bedrooms
4
Full Bathrooms
2
Living Area
2,668 sq ft
Total Rooms
9
Stories
2
Levels
2
Floor Layout
Interactive room guide
Floor Layout
Finished Area
2,668 sq ft above grade
Display Options
Outdoor Areas
Patio & porchPorch, Deck
Room Markers
BABathroom (4)
BRBedroom (5)
DDining (1)
KKitchen (1)
LLiving (2)
OOffice (1)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Wood, Vinyl, Carpet, Hardwood
Appliances:
Range, Disposal, Refrigerator
Interior Features:
Storage, Stone/Granite/Solid Counters, Upgraded Cabinets, Bathroom With Tub & Shower, Internet Available - Fiber-Optic, Walk-In Closet(s), Living Room, Kitchen
Windows:
Insulated Windows
Basement:
Full
Laundry:
Washer Hookup, Dryer Hookup
Security:
Construction & Materials
Year Built:
1900
Structure Type:
Exterior Materials:
Frame
Roof:
Rubber
Foundation:
Stone
Stories:
2
Heating, Cooling & Utilities
Heating:
Baseboard, Natural Gas
Heating Zones:
2
Cooling:
Window Unit(s)
Hot Water:
Natural Gas
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Rain Gutters
Patio & Porch:
Porch, Deck
Fencing:
Other Structures:
Lot Features:
Level
Road Surface:
Parking & Garage
Total Parking Spaces:
4
Parking Features:
Paved Drive, Off Street, Tandem
Nearby Schools
School District
Melrose School District local
A
School Safety
2024-25
0.6%
Low
0.4%
Suspensions
0.4%
In-School
0.2%
Emergency
4.9% below state avg
Elementary Schools
7 schools
St. Mary Elementary School
1.0 mi
Grades PK-08
A
Roosevelt School
0.2 mi
|
#124 of 824
|
Score: 57.9
Improved 100 spots from last year
-0.4 below state avg
406 students
Moderate
Rising School
Strong Attendance
Grades K-05
Early Childhood Center
0.3 mi
246 students
Moderate
Grades PK-K
A+
Horace Mann School
0.6 mi
|
#79 of 824
|
Score: 60.5
Dropped 73 spots from last year
+2.3 above state avg
254 students
Less Diverse
Strong Attendance
Grades K-05
A
Winthrop School
1.1 mi
|
#89 of 824
|
Score: 59.8
Improved 1 spots from last year
+1.6 above state avg
392 students
Less Diverse
Strong Attendance
Grades K-05
A
Lincoln School
1.1 mi
|
#130 of 824
|
Score: 57.6
Improved 194 spots from last year
-0.6 below state avg
404 students
Diverse
Rising School
Grades K-05
A-
Herbert Clark Hoover School
1.6 mi
|
#218 of 824
|
Score: 54.0
Dropped 88 spots from last year
-4.2 below state avg
260 students
Moderate
Grades K-05
Middle Schools
1 school
A-
Melrose Middle School
0.3 mi
|
#92 of 352
|
Score: 50.4
Improved 6 spots from last year
-7.8 below state avg
886 students
Moderate
Grades 06-08
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Loan Amount
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After down payment
Total Interest
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Over life of loan
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Including down payment
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Down: $0
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Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$548
Homeowners Insurance
$200
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
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Rate Impact
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Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.
Location
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Neighborhood
250 Tremont St, Melrose MA 02176
Melrose, MA 02176
Listing Information
Listing Agent
Mark Hutchinson
Listing Office
Brad Hutchinson Real Estate
Office Phone
781-665-2222
Agent MLS ID
B0427845
Office MLS ID
B11101
Listing Data Updated
Aug 20, 2026 3:58 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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