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7 Park St, Melrose MA 02176

Melrose, MA 02176
$900,000
Est. $5,376/month
6
Beds
2
Baths
2,100
Sq Ft
$429
Price/Sq Ft
0.09
Acres
1880
Year Built
4 hours 12 minutes
Time on Market
Active Open House Listed Jun 18, 2026 • MLS# 73536996 Copied!

About this home

Exceptional opportunity to own a well-maintained two-family home offering approximately 2,100 sq ft of living space. This versatile property features a total of 6 bedrooms and 2 full bathrooms across two units. The first-floor unit offers comfortable living space with direct access to a private brick patio—perfect for outdoor dining or relaxing. The second-floor unit features a deck located just off the kitchen, creating an ideal setting to enjoy your morning coffee or unwind at the end of the day. Each units has 2 dedicated parking spaces (4 total) & in-unit laundry. Whether you’re an investor seeking a property with strong rental history or an owner-occupant looking to offset your mortgage with additional income, this property provides outstanding flexibility. Conveniently located near downtown Melrose, Oak Grove Station, restaurants, shops, and parks, 7 Park Street combines suburban charm with easy access to Boston. Open Houses Sat 6/20 11AM-1PM and Sun 6/21 11AM-1PM

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Property Overview

Property Type
2 Family - 2 Units Up/Down
Listing Type
For Sale
Year Built
1880
Bedrooms
6
Full Bathrooms
2
Living Area
2,100 sq ft
Total Rooms
13
Stories
3
Levels
3

Open House Schedule

20
Jun
Saturday, June 20
11:00 AM - 1:00 PM EDT
21
Jun
Sunday, June 21
11:00 AM - 1:00 PM EDT

Facts & Features

Home Facts

Type Residential Income
Style 2 Family - 2 Units Up/Down
Year Built 1880
Living Area 2,100 sq ft
Lot Size 0.09 acres
Bedrooms 6
Full Baths 2
Total Rooms 13

Interior

Heating Forced Air, Electric
Cooling Window Unit(s)
Flooring Wood, Tile, Hardwood
Appliances Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Fireplace None
Basement Interior Entry, Unfinished
Laundry None
Features Pantry, Stone/granite/solid Counters, High Speed Internet, Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub, Cathedral/vaulted Ceilings, Open Floorplan, Living Room, Kitchen, Laundry Room, Mudroom

Exterior

Construction None
Architecture None
Roof Shingle
Features Balcony/deck, Rain Gutters
Pool None
Spa None
Fencing None
Patio/Porch Porch, Deck, Patio

Parking

Features Paved Drive, Off Street
Total Spaces 4

Utilities

Electric 110 Volts, Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $7,506
Assessed Value $758,200

Interior Features

Flooring: Wood, Tile, Hardwood
Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Interior Features: Pantry, Stone/Granite/Solid Counters, High Speed Internet, Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub, Cathedral/Vaulted Ceilings, Open Floorplan, Living Room, Kitchen, Laundry Room, Mudroom
Windows:
Basement: Interior Entry, Unfinished
Laundry:
Security:

Construction & Materials

Year Built: 1880
Structure Type:
Exterior Materials:
Roof: Shingle
Foundation: Stone
Stories: 3

Heating, Cooling & Utilities

Heating: Forced Air, Electric
Cooling: Window Unit(s)
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Balcony/Deck, Rain Gutters
Patio & Porch: Porch, Deck, Patio
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 4
Parking Features: Paved Drive, Off Street

Location

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Neighborhood

7 Park St, Melrose MA 02176

Melrose, MA 02176

Walkability

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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
E

Elementary Schools

3 schools
A-
Herbert Clark Hoover School
0.5 mi | #218 of 824 | Score: 54.0
Dropped 88 spots from last year
-4.2 below state avg
260 students Moderate
Grades K-05
St. Mary Elementary School
0.5 mi
Grades PK-08
B-
Forestdale School
0.7 mi | #185 of 352 | Score: 41.8
Dropped 12 spots from last year
-16.4 below state avg
539 students Very Diverse
Diverse Student Body
Grades K-08
M

Middle Schools

2 schools
A-
Melrose Middle School
1.1 mi | #92 of 352 | Score: 50.4
Improved 6 spots from last year
-7.8 below state avg
886 students Moderate
Grades 06-08
C+
Saugus Middle School
2.0 mi | #248 of 352 | Score: 36.3
Improved 63 spots from last year
-21.9 below state avg
616 students Diverse
Rising School Diverse Student Body
Grades 06-08
H

High Schools

3 schools
C+
Malden High School
1.6 mi | #226 of 346 | Score: 48.9
Improved 72 spots from last year
-9.3 below state avg
1,890 students Very Diverse
14 sports • 856 athletes
Early College Program Rising School Diverse Student Body
Grades 09-12
Malden Catholic High School
1.7 mi
19 sports • 2,126 athletes
Strong Athletics
Grades 09-12
C
Saugus High School
2.0 mi | #260 of 346 | Score: 45.6
Improved 8 spots from last year
-12.6 below state avg
744 students Diverse
17 sports • 972 athletes
College Ready Curriculum Strong Athletics Diverse Student Body
Grades 09-12
Learn about these ratings

Monthly Payment Calculator

Monthly Payment
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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
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $626
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
Jun 18, 2026
$900,000
Original listing
Agent: Prescott White Office: Commonwealth Properties Residential, LLC

Price & Status History

Date Event Price Change
Jun 18, 2026 New Listing Added $900,000

Market Statistics

Time on Market
4 hours 12 minutes
Price per Sq Ft
$429

Tax History

Year Taxes Assessment
2025 $7,506 $758,200

Financial Details

Annual Property Tax
$7,506
Tax Year 2025
Assessed Value
$758,200

Listing Information

Listing Agent Prescott White
Listing Office Commonwealth Properties Residential, LLC
Agent MLS ID CT001881
Office MLS ID AN4232
Listing Data Updated Jun 18, 2026 9:13 AM 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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