Sold

381 Washington St, Melrose, MA

Melrose · MA 02176

$1,341,000
Price
5
Beds
3
Baths
2950
Sq. ft.

Overview

Property type: Multi-Family
Year built: Built in 1922
Units: 2 Units
Lot size: 0.27 Acre Lot
Price per square foot: $406 / Sq.Ft
Parking: 2 Garage Spaces · 6 Off Street Spaces

About this home

Two-family beauty! This home is an exceptional opportunity for owner-occupants, investors, or multigenerational living. The 2-story upper unit lives like a single featuring a light-filled primary suite, large home office or studio, & expansive views. Fully renovated over the past decade, including professional design and modern finishes. Each unit has its own private deck overlooking the landscaped, tree-lined yard as well as access to an enclosed shared front porch. Owned solar panels provide added efficiency & energy savings. Outside, enjoy a rare, large fenced-in yard, 2-car garage & additional rear parking. Close to downtown Melrose, commuter rail, Oak Grove orange line, I-93, & the Middlesex Fells, offering a seamless blend of nature, convenience, & access to Boston. A rare opportunity to own a turnkey multi with both lifestyle appeal & strong investment upside, making this an ideal setup to offset your mortgage or build long-term wealth with confidence.

Neighborhood & Transit

381 Washington St, Melrose · MA 02176

Nearby transit

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

  • Wyoming Hill Commuter Rail 1 route 0.45 mi
    • Haverhill Line

Price Insight

Days on Market:
160 days
Listing Price:
$1,199,000
Price per Sq.Ft:
$406
Tax Assessment:
$810,600 in 2025
Taxes:
$669 / Monthly

Home Facts

Interior Features

Bedrooms
5
Full Bathrooms
3
Half Bathrooms
0
Living Area
2,950 Sq.Ft (Includes Basement)
Broker Disclosure about Living Area
Buyer to verify SQFT
Kitchen
Unknown
Primary Bedroom
Unknown
Laundry
Unknown
Living levels
Unknown
Rooms
Unknown
Above grade area
2505
Flooring
Unknown
Lead paint
Certified Treated, 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
11,565 Sq.Ft
Lot Description
Unknown
Exterior Features
Unknown

Parking

Garage Parking
2 Parking Spaces
Off Street Parking
6 Parking Spaces

Construction Details

Construction Type
Unknown
Siding
Aluminum
Roof
Unknown

Green Features

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

Listing information

Listing agent
Susan Gormady Group
Listing office
Classified Realty Group
MLS PIN #
73495933
Disclosure
Solar panels (owned) supply energy to unit 2. Unit 1: certified de-leaded. Unit 2: gut renovated in 2015. Unit 2 delivered vacant. Unit 1 has a lease in place until end of June. Tenant is open to staying. Extensive updates conducted throughout years of ownership. Unit 2 - 2nd bedroom has no closet.
Disclosure
Buyer to verify SQFT