Sold

35-41 Brazil St, Melrose, MA

Melrose · MA 02176

$1,505,000
Price
8
Beds
4
Baths
4050
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1895
Units: 4 Units
Lot size: 0.35 Acre Lot
Price per square foot: $327 / Sq.Ft
Parking: 7 Off Street Spaces

About this home

CASH COW ALERT: Melrose Multi-Family Gold Mine! Four units. Seven parking spots. Infinite possibilities. This charming Melrose quad isn't your typical investment property - it's a strategic opportunity where tenants currently pay below-market rents while you're sitting on $2,300/month potential per unit. That's immediate upside without touching a thing. Location seals the deal: steps from Oak Grove Orange Line, MBTA Commuter Rail, and Bus Line stop for seamless Boston commutes, plus Fells Reservation hiking trails at your doorstep. This rare combination of urban accessibility and outdoor recreation commands the premium rents that busy professionals gladly pay. Smart fundamentals include separate utilities, individual basement storage with laundry, private outdoor space per unit, and eat-in kitchens. 3 of the 4 Units are currently rented with one recently vacated. Hold and optimize rents for steady cash flow, or explore condo conversion potential in this coveted market.

Neighborhood & Transit

35-41 Brazil St, Melrose · MA 02176

Nearby transit

Within 0.5 mile, measured straight-line to the nearest station entrance.

  • Oak Grove Orange Commuter Rail 1 route 0.30 mi
    • Haverhill Line

Price Insight

Days on Market:
303 days
Listing Price:
$1,325,000
Price per Sq.Ft:
$327
Tax Assessment:
$1,105,500 in 2025
Taxes:
$912 / Monthly

Home Facts

Interior Features

Bedrooms
8
Full Bathrooms
4
Half Bathrooms
0
Living Area
4,050 Sq.Ft
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
4050
Flooring
Unknown
Lead paint
Unknown

Utilities

Heating Type
Unknown
Heating Zone
Unknown
Cooling
Unknown
Cooling Zones
Unknown
Water
Unknown
Sewer
Unknown
Electric Features
Circuit Breakers

Exterior Features

Lot Size
15,172 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
0 Parking Spaces
Off Street Parking
7 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Vinyl
Roof
Unknown

Green Features

Electric Vehicle Charger
Unknown
Solar Panels
Unknown
Green Certified
Unknown
Insulation Features
Unknown
Energy Features
Unknown

Listing information

Listing agent
Alison Socha Group
Listing office
Leading Edge Real Estate
MLS PIN #
73435634
Disclosure
Measurements are estimated and vary between listing info & floor plans. Photos and floor plans are of unit #37 and #41 only.