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.