333 Main St, Melrose MA 02176

Melrose, MA 02176
$7,700,000
Est. $40,983/month
40
Beds
23
Baths
22,324
Sq Ft
$345
Price/Sq Ft
0.47
Acres
1961
Year Built
5+ Family - 5+ Units Up/Down
Type
35
Days on Market
Pending Listed Sep 26, 2025 • MLS# 73380111

About this home

333 Main St is a four-story brick building with 23 residential units consisting of (7) 1-Bed/1-Bath units, (15) 2-Bed/1-Bath units, and (1) 3-Bed/1-Bath unit. The units, which feature hardwood flooring, are separately metered for heat (electric), hot water (electric) and electricity, which are paid for directly by the tenants. The Landlord is responsible for common area electric and domestic water and sewer. 333 Main Street features ample off-street parking with 23 spaces. The Property also offers an on-site laundry facility, and each unit has a private walk-out patio or balcony. 333 Main Street offers the opportunity to acquire a well-maintained investment Property with upside in an exceptional, urban-infill location. The subject property is ideal for a potential buyer looking for income growth and strong investment returns. The Melrose submarket continues to accelerate thanks to continued commercial and infrastructure development in Melrose.

Facts & Features

Property Overview

Property Type
5+ Family - 5+ Units Up/Down
Property Category
Residential Income
Year Built
1961
Bedrooms
40
Full Bathrooms
23
Living Area
22,324 sq ft
Total Rooms
86
Stories
4
Levels
4

Interior Features

Has Fireplace
No

Exterior & Structure

Roof
Rubber
Foundation
Other
Has Spa
No
Waterfront Property
No

Lot & Land

Lot Size
0.47 acres
Lot Size
20,473 sq ft
Lot Size Area
0.4700
Lot Features
Corner Lot
Road Frontage Type
Public

Parking & Garage

Has Garage
No
Total Non-Garage Parking Spaces
23
Parking Features
Off Street

Utilities & Systems

Water Source
Public
Sewer
Public Sewer
Electric
Individually Metered

Community & HOA

Community Features
Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Bike Path, Highway Access, Private School, Public School, T-Station
Senior Community
No

Financial & Tax Information

Annual Tax Amount
$37,131
Tax Year
25
Tax Assessed Value
$3,750,600
Parcel Number
653815
Zoning
URC

Additional Details

Year Built Source
Public Records
Year Built Details
Approximate
Disclosures
The Total Monthly Rent is $54, 600. $32, 767 is the maximum input allowed by MLS.

Location

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Neighborhood

333 Main St, Melrose MA 02176

Melrose, MA 02176

Walkability

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Schools

School information not available

Monthly Payment Calculator

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Estimated Monthly Payment $0

Payment Breakdown

Principal & Interest $0
Property Tax $3,094
Homeowners Insurance $200
PMI $0

Property History

Property Timeline

🏠
Listed for Sale
May 27, 2025
$7,700,000
Original listing
Agent: Kelleher - Pentore Team Office: Horvath & Tremblay

Price & Status History

Date Event Price Change
May 27, 2025 New Listing Added $7,700,000

Market Statistics

Days on Market
35 days
Price per Sq Ft
$345

Tax History

Year Taxes Assessment
25 $37,131 $3,750,600

Financial Details

Annual Property Tax
$37,131
Tax Year 25
Assessed Value
$3,750,600

Listing Information

Listing Agent Kelleher - Pentore Team
Listing Office Horvath & Tremblay
Agent MLS ID TM359859
Office MLS ID AN2723

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