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***Open House Saturday 1-2:30pm***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

More Info

Basic Information

  • Mls StatusNew
  • Parcel Number M:0B6 P:0000048,652939

Rooms

  • Bathroom4
  • Bathrooms Total Decimal 4
  • Bedrooms9
  • Full Bath4

Building

  • BasementFull
  • Building Area Units Square Feet
  • FoundationStone
  • Levels 5
  • Patio And Porch Features Porch
  • Rooms19
  • Stories5
  • Units4
  • Year Built1900
  • Year Built Details Actual
  • Year Built Source Public Records

Tax Information

  • Tax Assessed Value $1,153,000
  • Tax Year 2025
  • Taxes$11,415

Basic Information

  • List Price$1,450,000
  • MLS Number73521788
  • Modification Date05/21/2026
  • Property SubType4 Family - 4 Units Up/Down

Property

  • Acreage0.09

Exterior

  • Exterior Features Rain Gutters
  • RoofShingle

Property Information

  • Building Area Source Public Records
  • Living Area 3,519
  • Lot Size Square Feet 3,803
  • Lot Size Units Acres
  • Square Feet3,519

Parking

  • Open Parking YN Yes
  • Parking Features Paved Drive, Off Street
  • Parking Spaces3

Location

  • Address38-40 Hurd Street
  • Building Number38-40
  • CountyMiddlesex
  • StateMA
  • StreetHurd Street
  • TownMelrose
  • Zip02176

Utilities

  • Sewer Public Sewer
  • Water Source Public

Amenities

  • Amenities
    • Highway Access
    • House of Worship
    • Laundromat
    • Medical Facility
    • Park
    • Public School
    • Public Transportation
    • T-Station
    • Walk/Jog Trails
  • Other AmenitiesBasement

Other

  • Date Listed05/20/2026
  • Farm Land Area Units Square Feet

Map Location

Listed by Jonathan Mathews of Legacy Realty Advisors LLC

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. The property listing data and information, and the Images, 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. MLSPIN and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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