$1,450,000
38-40 Hurd Street
Melrose, MA, 02176
***OPEN HOUSE Sunday 3-4:30***Investor and owner-occupant opportunity in the heart of Melrose! Well-maintained 4-family property offering strong income potential and flexible living arrangements. This spacious multi-unit building features 9 bedrooms and 4 full baths across approximately 3,519 sq ft of living space. Units offer functional layouts with bright living areas, updated kitchens, hardwood/vinyl flooring, and separately metered utilities. Additional highlights include off-street parking, shared laundry, and a full basement for storage. Conveniently located near downtown Melrose shops, restaurants, parks, schools, and public transportation, including the Wyoming Hill commuter rail station for easy access to Boston. Excellent opportunity to expand your investment portfolio or offset your mortgage with rental income in one of Melrose’s most desirable neighborhoods
Property Details
Price:
$1,450,000
MLS #:
73521788
Status:
Active
Beds:
9
Baths:
4
Type:
Multi Family
Subtype:
4 Family – 4 Units Up/Down
Listed Date:
May 20, 2026
Finished Sq Ft:
3,519
Total Sq Ft:
3,519
Lot Size:
3,803 sqft / 0.09 acres (approx)
Year Built:
1900
Units:
4
Schools
Interior
Above Grade Finished Area
3519
Bathrooms
4 Full Bathrooms
Levels
5
Exterior
Community Features
Public Transportation, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, House of Worship, Public School, T-Station
Exterior Features
Rain Gutters
Open Parking Spaces
3
Open Parking YN
1
Parking Features
Paved Drive, Off Street
Parking Spots
3
Parking Total
3
Patio And Porch Features
Porch
Roof
Shingle
Stories
5
Financial
Tax Year
2025
Taxes
$11,415
Marie Andrews is an award-winning, licensed real estate broker with licenses in Massachusetts and Florida. She has been selling real estate in the greater Boston area for over 20 years. Over the past two decades, Marie has worked for Century 21 Advanced Realty, building a reputation as a multi-million dollar producer. She has developed an extensive network of investors, lenders, and attorneys. Marie has a wide knowledge base on property management, Massachusetts real estate law, and building…
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Map
Current real estate data for Multi Family in Melrose as of Jun 03, 2026
5
Multi Family Listed
24
Avg DOM
420
Avg $ / SqFt
$1,169,200
Avg List Price
Community
- Address38-40 Hurd Street Melrose MA
- CityMelrose
- CountyMiddlesex
- Zip Code02176
Subdivisions in Melrose
Similar Listings Nearby
Property Summary
- 38-40 Hurd Street Melrose MA is a Multi Family for sale in Melrose, MA, 02176. It is listed for $1,450,000 To schedule a showing of MLS#73521788 at 38-40 Hurd Street in Melrose, MA, contact your Pegasus Realty LLC agent at 781-858-3505.
Courtesy of Keller Williams Realty Boston-Metro | Back Bay. The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.
38-40 Hurd Street
Melrose, MA