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381 Washington St

Melrose, MA 02176
  • $1,199,000
  • STATUS: Active
  • MLS #: 73495933
Open House
$1,199,000
  • 5
    BEDS
  • 0.27
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 2,950
    SQFT
  • $406
    $/SQFT
Type:
Multi-Family
Built:
1922
County:

School Information

Elementary School:
Middle School:
High School:
Mhs
Listing courtesy of Susan Gormady Group of Classified Realty Group.

Description

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.

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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. Data last updated 2026-04-13T00:03:30.123.
www.c21revolution.com/homes/174943086
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381 Washington St Melrose, MA 02176

  • Price: $1,199,000
  • Status: Active
  • On Site: Days
  • MLS #: 73495933
5
Beds
3
Baths
0
½ Baths
0.27
Acres
2,950
SQFT
$406
$/SQFT
1922
Built
County:
Middlesex
Elementary School:
Apply
Middle School:
Mvmms
High School:
Mhs
Property Description
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.
Exterior Features

Construction Materials Frame Covered Spaces 2 Exterior Features Balcony/DeckRain GuttersProfessional LandscapingFruit Trees Garage YN Yes Levels 4 Open Parking YN Yes Parking Features Paved DriveOff StreetDriveway Parking Total 8 Patio And Porch Features EnclosedDeck - WoodPatio Road Frontage Type Public Roof Shingle Spa YN No Waterfront YN No

Interior Features

Appliances RangeDishwasherMicrowaveRefrigeratorWasherDryerDisposal Basement FullPartially Finished Building Area Total 2950 Cooling NoneHeat PumpDuctless Cooling Units 1 Cooling YN No Cooling Zones 1 Door Features Insulated Doors Fireplace YN Yes Fireplaces Total 1 Flooring TileHardwoodStone/Ceramic Tile Foundation Details Block Heat Units 1 Heat Zones 4 Heating CentralNatural Gas Heating YN Yes Interior Features Ceiling Fan(s)PantryLead Certification AvailableStorageUpgraded CabinetsUpgraded CountertopsRemodeledCrown MoldingBathroom With Tub & ShowerLiving RoomDining RoomKitchenLaundry RoomOffice/Den Lead Paint Certified TreatedUnknown Rooms Total 14 Window Features Insulated Windows

Property Features

Community Features Public TransportationShoppingTennis Court(s)ParkWalk/Jog TrailsMedical FacilityLaundromatConservation AreaHighway AccessHouse of WorshipPublic SchoolT-Station Disclosures 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. Electric Circuit Breakers Exclusions All Appliances Included. Swing Set Remains. Green Energy Generation Solar Gross Income 81600 Home Warranty YN No Listing Terms Contract Net Operating Income 81600 Property Sub Type Multi Family Rent Includes Unit 1(HeatGasWaterHot Water) Senior Community YN No Sewer Public Sewer Tax Annual Amount 8025 Tax Year 2025 Total Actual Rent 6800 Water Source Public Year Built Details ActualRenovated Since Zoning URA

Listing information © 2026 MLS Property Information Network. All information is deemed reliable but should be independently verified.
Listing provided courtesy of Susan Gormady Group of Classified Realty Group: 781-944-1901.


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. Data last updated 2026-04-13T00:03:30.123.
 
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CENTURY 21 Revolution
625 Massachusetts Ave, 2nd Floor
Cambridge MA, 02139
Listing courtesy of Susan Gormady Group of Classified Realty Group.