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38-40 Hurd Street, Melrose MA 02176

Melrose, MA 02176
$1,450,000
Est. $8,483/month
9
Beds
4
Baths
3,519
Sq Ft
$412
Price/Sq Ft
0.09
Acres
1900
Year Built
14 hours 0 minutes
Time on Market
Active Open House Listed May 20, 2026 • MLS# 73521788 Copied!

About this home

***Open House Saturday 1-2:30pm***Investor and owner-occupant opportunity in the heart of Melrose! Well-maintained 4-family property offering strong income potential and flexible living arrangements. This spacious multi-unit building features 9 bedrooms and 4 full baths across approximately 3,519 sq ft of living space. Units offer functional layouts with bright living areas, updated kitchens, hardwood/vinyl flooring, and separately metered utilities. Additional highlights include off-street parking, shared laundry, and a full basement for storage. Conveniently located near downtown Melrose shops, restaurants, parks, schools, and public transportation, including the Wyoming Hill commuter rail station for easy access to Boston. Excellent opportunity to expand your investment portfolio or offset your mortgage with rental income in one of Melrose’s most desirable neighborhoods

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Property Overview

Property Type
4 Family - 4 Units Up/Down
Listing Type
For Sale
Year Built
1900
Bedrooms
9
Full Bathrooms
4
Living Area
3,519 sq ft
Total Rooms
19
Stories
5
Levels
5

Open House Schedule

23
May
Saturday, May 23
1:00 PM - 2:30 PM EDT

Facts & Features

Home Facts

Type Residential Income
Style 4 Family - 4 Units Up/Down
Year Built 1900
Living Area 3,519 sq ft
Lot Size 0.09 acres
Bedrooms 9
Full Baths 4
Total Rooms 19

Interior

Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement Full
Laundry None
Features None

Exterior

Construction None
Architecture None
Roof Shingle
Features Rain Gutters
Pool None
Spa None
Fencing None
Patio/Porch Porch

Parking

Features Paved Drive, Off Street
Total Spaces 3

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $11,415
Assessed Value $1,153,000

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement: Full
Laundry:
Security:

Construction & Materials

Year Built: 1900
Structure Type:
Exterior Materials:
Roof: Shingle
Foundation: Stone
Stories: 5

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Rain Gutters
Patio & Porch: Porch
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 3
Parking Features: Paved Drive, Off Street

Location

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Neighborhood

38-40 Hurd Street, Melrose MA 02176

Melrose, MA 02176

Walkability

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Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $951
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo

Payment Over Time

Interest
Principal
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.

Property History

Property Timeline

🏠
Listed for Sale
May 20, 2026
$1,450,000
Original listing
Agent: Jonathan Mathews Office: Legacy Realty Advisors LLC

Price & Status History

Date Event Price Change
May 20, 2026 New Listing Added $1,450,000

Market Statistics

Time on Market
14 hours 0 minutes
Price per Sq Ft
$412

Tax History

Year Taxes Assessment
2025 $11,415 $1,153,000

Financial Details

Annual Property Tax
$11,415
Tax Year 2025
Assessed Value
$1,153,000

Listing Information

Listing Agent Jonathan Mathews
Listing Office Legacy Realty Advisors LLC
Agent MLS ID CT001073
Office MLS ID AN9036
Listing Data Updated May 20, 2026 5:45 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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Market Analytics for Melrose, MA

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