$850,000
40-42 Tappan St
Melrose, MA, 02176
Calling all visionaries! Here’s your chance to write the next chapter of this beloved Melrose two-family, carefully stewarded by the same family since Elvis was topping the charts. While this home might need a refresh (think more “time capsule” than “turn-key”), its bones are as solid as its location is spectacular. Perfectly perched just steps from downtown Melrose’s foodie paradise and the commuter rail, this property is also a hop and skip from the wilderness wonderland of Middlesex Fells. Leave your car in the two car driveway and walk to everything that makes Melrose one of Greater Boston’s most coveted communities. Amidst the vintage vibes inside lie original hardwood floors, and a generous deep lot outside begs for your garden dreams. The possibilities here are endless, but it’s perfect for house hackers: live in one unit while rental income helps fund your renovation vision. Or, reimagine both units for maximum return. Opportunities like this one do not come along often!
Property Details
Price:
$850,000
MLS #:
73370664
Status:
Active
Beds:
5
Baths:
2
Address:
40-42 Tappan St
Type:
Multi Family
Subtype:
2 Family – 2 Units Up/Down
City:
Melrose
Listed Date:
May 7, 2025
State:
MA
Finished Sq Ft:
2,130
Total Sq Ft:
2,130
ZIP:
02176
Lot Size:
7,048 sqft / 0.16 acres (approx)
Year Built:
1920
Units:
2
Schools
Elementary School:
Lincoln
Middle School:
Melrose Middle
High School:
Melrose High
Interior
Appliances
Range, Dishwasher, Refrigerator, Washer, Dryer
Bathrooms
2 Full Bathrooms
Flooring
Hardwood
Heating
Oil
Laundry Features
Electric Dryer Hookup
Exterior
Community Features
Public Transportation, Shopping, Park, Medical Facility, House of Worship, Public School, T- Station
Construction Materials
Frame
Exterior Features
Rain Gutters, Garden
Parking Features
Paved Drive, Off Street, Paved
Parking Spots
2
Roof
Shingle
Financial
Tax Year
2025
Taxes
$7,818
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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Courtesy of RE/MAX Destiny. 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.
40-42 Tappan St
Melrose, MA
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