40-42 Tappan St, Melrose MA 02176
About this home
Calling all visionaries! Here's your chance to write the next chapter of this beloved Melrose two-family, carefully stewarded by the same family since Elvis was topping the charts. While this home might need a refresh (think more "time capsule" than "turn-key"), its bones are as solid as its location is spectacular. Perfectly perched just steps from downtown Melrose's foodie paradise and the commuter rail, this property is also a hop and skip from the wilderness wonderland of Middlesex Fells. Leave your car in the two car driveway and walk to everything that makes Melrose one of Greater Boston's most coveted communities. Amidst the vintage vibes inside lie original hardwood floors, and a generous deep lot outside begs for your garden dreams. The possibilities here are endless, but it's perfect for house hackers: live in one unit while rental income helps fund your renovation vision. Or, reimagine both units for maximum return. Opportunities like this one do not come along often!
Sale Statistics
This property sold for 2.9% above the original asking price, indicating strong buyer demand.
With only 20 days on market, this was a quick sale compared to typical market conditions.
Facts & Features
Property Overview
Interior Features
Exterior & Structure
Lot & Land
Parking & Garage
Utilities & Systems
Community & HOA
Financial & Tax Information
Additional Details
Location
Neighborhood
40-42 Tappan St, Melrose MA 02176
Melrose, MA 02176
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Payment Breakdown
Property History
Market Insights
Property Timeline
Sold
Jun 27, 2025Listed for Sale
May 7, 2025| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 06/27/2025 | ✓ Sold | $875,000 | - | - | Property sold |
| 05/07/2025 | 🏠 Listed for Sale | $850,000 | - | - | Original listing |