Sold
46-48 Cleveland St, Melrose, MA
Melrose · MA 02176
- $1,515,000
- Price
- 8
- Beds
- 4
- Baths
- 4590
- Sq. ft.
Overview
Property type:
Multi-Family
Year built:
Built in 1900
Units:
4 Units
Lot size:
7,937 Sq.Ft Lot
Price per square foot:
$348 / Sq.Ft
Parking:
6 Off Street Spaces
About this home
A rare opportunity to acquire a four-family property in a high-demand area, offering unparalleled income potential and long-term value. Situated on one of Melrose's beautiful tree-lined residential streets. Each spacious unit features 2 bedrooms, 1 full bath, hardwood floors throughout, private rear balconies, off street parking and w/d hookups available in 2,255 sq ft basement with updated furnaces, roof and windows.Located just minutes from downtown Melrose with vibrant shops and restaurants, top-rated public schools, scenic hiking trails, and the MBTA/commuter rail, putting Boston just 7 miles away with easy access to routes 1 and 93. Whether you're an investor seeking strong rental income or a buyer looking to live in one unit while the others work for you, this property delivers on every level.
Neighborhood & Transit
46-48 Cleveland St, Melrose · MA 02176
Nearby transit
Within 0.5 mile, measured straight-line to the nearest station entrance.
-
Melrose/Cedar Park Commuter Rail 1 route 0.33 mi
- Haverhill Line
-
Wyoming Hill Commuter Rail 1 route 0.34 mi
- Haverhill Line
Price Insight
- Days on Market:
- 92 days
- Listing Price:
- $1,599,000
- Price per Sq.Ft:
- $348
- Tax Assessment:
- $1,011,700 in 2025
- Taxes:
- $835 / Monthly
Home Facts
Interior Features
- Bedrooms
- 8
- Full Bathrooms
- 4
- Half Bathrooms
- 0
- Living Area
- 4,590 Sq.Ft
- Kitchen
- Unknown
- Primary Bedroom
- Unknown
- Laundry
- Unknown
- Living levels
- Unknown
- Rooms
- Unknown
- Above grade area
- 4590
- Flooring
- Unknown
- Lead paint
- Unknown
Utilities
- Heating Type
- Unknown
- Heating Zone
- Unknown
- Cooling
- Unknown
- Cooling Zones
- Unknown
- Water
- Unknown
- Sewer
- Unknown
- Electric Features
- Unknown
Exterior Features
- Lot Size
- 7,937 Sq.Ft
- Lot Description
- Unknown
- Exterior Features
- Unknown
Parking
- Garage Parking
- 0 Parking Spaces
- Off Street Parking
- 6 Parking Spaces
Construction Details
- Construction Type
- Unknown
- Siding
- Shingles, Wood
- Roof
- Unknown
Green Features
- Electric Vehicle Charger
- Unknown
- Solar Panels
- Unknown
- Green Certified
- Unknown
- Insulation Features
- Unknown
- Energy Features
- Unknown
Listing information
- Listing agent
- Derek Greene
- Listing office
- The Greene Realty Group
- MLS PIN #
- 73558870