18-20 North High Street
Melrose, MA 02176
7
Bed
4
Bath
4,154Sqft
0.11Acre(Lot)
Rarely does a stabilized four-family come to market with this combination of location, income, and upside. Positioned steps from Cedar Park and the commuter rail, this well-maintained asset delivers immediate cash flow with a clear value-add runway. The building offers 4,154 sq ft across four fully occupied units: three identical 1-bed/1-bath apartments and one, two-level 3-bed/1-bath renovated within the last year. The total rent income is $8,925/month, major systems have been upgraded and utilities separated out to each unit. Cosmetic upgrades for the two, first floor units present a straightforward path to bring rents to market upon turnover. Four off-street parking spaces, coin-op laundry, and consistent capital improvements over the past decade round out a compelling profile. For the
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bathroom Information
Total Baths: 4 Full Baths: 4Room Information
Total Bedroom: 7 Window Feature: Box/Bay/Bow Window(s) -
Flooring Information
Hardwood -
Roofing Information
Shingle -
Interior Features
Storage, Bathroom With Tub & Shower, Pantry, Remodeled, Living Room, Kitchen Roof: Shingle Appliances: Range, Disposal, Refrigerator, Range Hood, Dishwasher -
Heating & Cooling
Heating: Baseboard, Natural Gas, Unit Control WaterSource: Public
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Building Information
Year Built: 1900 Construction Materials: Frame, Stone Basement: Partial, Walk-Out Access, Concrete, Unfinished -
Exterior Features
Foundation Details: StonePorch: Deck, Deck - Wood -
Road Types
PavedPublic
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Lot Information
Lot Description: Gentle Sloping Lot Size Area: 0.11 Lot Size Units: Acres Lot Square Feet: 4,752 Lot Acres: 0.11 Stories: 5 Main Square Feet: 0.11Property Information
Property Type: Residential Income Sub Type: 4 FamilySQ ft (Living Area): 4,154
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Listing Price Information
Original Listing Price: $1585000
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Tax Information
Tax Lot: B8-0-6 Parcel Number: B8065,653258 Annual Tax: $11079
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Parking Information
Parking Total: 4 Paved Drive, Off Street
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Senior High School: Melrose High
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Location Information
Direction: Vinton St to North High
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 25 Dexter Rd, Melrose, MA, 02176 | $1,220,000 | 4 | 3 | 2,399 | 2,399 SqFt |
| 5 Hemenway Avenue, Melrose, MA, 02176 | $1,299,999 | 4 | 4 | 3,268 | 3,268 SqFt |
| 86 Highview Avenue, Melrose, MA, 02176 | $699,000 | 2 | 1 | 1,338 | 1,338 SqFt |
| 31 Temple St, Melrose, MA, 02176 | $1,695,000 | 5 | 4 | 3,349 | 3,349 SqFt |
| 36 Grandview Ave, Melrose, MA, 02176 | $950,000 | 4 | 3 | 2,367 | 2,367 SqFt |
| 73 Florence Ave, Melrose, MA, 02176 | $749,000 | 3 | 2 | 1,726 | 1,726 SqFt |
| 7 Berkeley St, Melrose, MA, 02176 | $1,299,000 | 4 | 4 | 2,560 | 2,560 SqFt |
| 760 Lynn Fells Pkwy, Melrose, MA, 02176 | $849,900 | 3 | 2 | 1,917 | 1,917 SqFt |
| 228 Upham Street, Melrose, MA, 02176 | $1,899,000 | 7 | 5 | 6,639 | 6,639 SqFt |
| 127 Larchmont Rd, Melrose, MA, 02176 | $1,599,000 | 4 | 3 | 5,020 | 5,020 SqFt |
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ByOwner last updated this listing 06/23/2026 @ 08:58
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