8 Glen Ave, Melrose MA 02176

Melrose, MA 02176
$860,000
Est. $5,104/month
6
Beds
2
Baths
1,989
Sq Ft
$432
Price/Sq Ft
0.14
Acres
1968
Year Built
19
Days on Market
Closed Listed Mar 4, 2025 • MLS# 73340668 Copied!

About this home

Looking for that great investment in Melrose. Well here is an affordable low maintenance two family home in a quiet neighborhood. Just a short walk and you are at the commuter rail or downtown Melrose with plenty of shopping and restaurants plus Pine Banks Park all very close by. Both units are three bedroom's each with happy tenants paying their own utilities. Each unit has a private storage shed, their own parking spaces, washer & dryer hook up's in unit. Some recent updates are a new roof, new Hardie siding & trim so very low maintenance and new electrical panels in each unit. Open house Saturday 3/8 12-1:30.

Property Overview

Property Type
Multi Family
Listing Type
For Sale
Year Built
1968
Bedrooms
6
Full Bathrooms
2
Living Area
1,989 sq ft
Total Rooms
10
Stories
2
Levels
2

Sale Statistics

Sale Overview
Original List Price: $820,000
Final Sale Price: $860,000
Difference: +$40,000 (+4.9%)
Performance Metrics
104.9%
List to Sale Ratio
Sold above asking price
19
Days on Market
Quick sale
Price per Square Foot Analysis
Original $/sq ft: $412
Sale $/sq ft: $432
This property sold for $432 per square foot
Sale Summary

This property sold for 4.9% above the original asking price, indicating strong buyer demand.

With only 19 days on market, this was a quick sale compared to typical market conditions.

Facts & Features

Home Facts

Type Residential Income
Style Multi Family
Year Built 1968
Living Area 1,989 sq ft
Lot Size 0.14 acres
Bedrooms 6
Full Baths 2
Total Rooms 10

Interior

Heating Electric
Cooling None
Flooring Wood, Tile, Vinyl, Carpet
Appliances Range, Refrigerator
Fireplace None
Basement None
Laundry Electric Dryer Hookup
Features Cathedral/vaulted Ceilings, Living Room, Kitchen

Exterior

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

Parking

Features Paved Drive, Off Street, Paved
Total Spaces 5

Utilities

Electric 110 Volts, Circuit Breakers, 200+ Amp Service, Individually Metered
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Oven, For Electric Dryer

Financial

Annual Tax $6,661
Assessed Value $672,800

Interior Features

Flooring: Wood, Tile, Vinyl, Carpet
Appliances: Range, Refrigerator
Interior Features: Cathedral/Vaulted Ceilings, Living Room, Kitchen
Windows: Insulated Windows
Basement:
Laundry: Electric Dryer Hookup
Security:

Construction & Materials

Year Built: 1968
Structure Type:
Exterior Materials: Frame
Roof: Shingle
Foundation: Slab
Stories: 2

Heating, Cooling & Utilities

Heating: Electric
Cooling:
Hot Water: Electric
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Rain Gutters
Patio & Porch: Patio
Fencing:
Other Structures: Shed(s)
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 5
Parking Features: Paved Drive, Off Street, Paved

Location

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Neighborhood

8 Glen Ave, Melrose MA 02176

Melrose, MA 02176

Walkability

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Schools

School information not available

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 $555
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

Market Insights

4.7%
Price Range
20
Total Days on Market

Property Timeline

Sold
Apr 25, 2025
$860,000
Property sold
Days on Market: 20
🏠
Listed for Sale
Mar 4, 2025
$820,000
Original listing
Agent: Kevin Kelleher Office: SmartHomes Realty

Price & Status History

Date Event Price Change
Mar 4, 2025 New Listing Added $820,000

Market Statistics

Days on Market
19 days
Price per Sq Ft
$432

Tax History

Year Taxes Assessment
2025 $6,661 $672,800

Financial Details

Annual Property Tax
$6,661
Tax Year 2025
Assessed Value
$672,800

Listing Information

Listing Agent Kevin Kelleher
Listing Office SmartHomes Realty
Agent MLS ID B8001191
Office MLS ID AN4676
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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