Active Under Contract
20 Days on market
250 Tremont St Melrose — Photo 1 of 31

250 Tremont St Melrose — Photo 1 of 31

$999,900

250 Tremont St, Melrose, MA 02176

Melrose, MA 02176

Beds

4

Baths

2

SqFt

2,668

Style

2 Family - 2 Units Up/Down

Built

1900

When opportunity knocks, 250 Tremont answers with open doors! This is a fantastic chance for first-time buyers and savvy investors alike. Imagine moving in and having the additional unit help cover your expenses, or purchasing this property as an investment and watching your equity grow over time. Prime Location - The location couldn't be more ideal—just around the corner from the commuter rail and the vibrant Melrose Highlands, known for its eclectic shops and delightful restaurants. With easy access to Routes 1 and I-93, commuting and exploring the area is a breeze. Well-Maintained Property - The current owner has meticulously cared for this property, ensuring it remains in excellent condition. Both units feature two bedrooms, with the second-floor unit boasting an extra bonus room currently utilized as a spacious walk-in closet. Enjoy updated kitchens and bathrooms, separate utilities for each unit, convenient laundry facilities in the building, and ample off-street parking.Don't miss out on this incredible opportunity—whether you're looking to make it your home or add to your investment portfolio, 250 Tremont is ready to welcome you!

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$375/sqft
Local Avg (Melrose)$446/sqft
16% BelowMarket Average

* Analysis is based on 23 actively listed and recently sold comparable properties strictly within Melrose, MA.

Property Details

Financials

Original Price$999,900
Annual Taxes$6,576

Parking

Garage0
Off-Street4

Interior Specifications

Total Rooms9
FireplacesNone
FlooringWood, Vinyl, Carpet, Hardwood
BasementFull

Climate & Utilities

HeatingBaseboard, Natural Gas
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionFrame
RoofRubber
FoundationStone
ZoningURB

Property & Lot

Acres0.18
SqFt Lot8,041
Lot FeaturesLevel

Amenities & Appliances

Range • Disposal • Refrigerator

Neighborhood

Public Transportation • Shopping • Pool • Park • Walk/Jog Trails • Medical Facility

Geography

Population

29,650

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$134K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

32.8%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Middlesex County

2,667 housing units permitted in the last 12 months (-2% vs the prior 12 months) — 1,709 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

Listing Provided By

Listing Agent: Mark Hutchinson

Listing Office: Brad Hutchinson Real Estate

MLS® Number: 73566314

Browse More Homes in Melrose

Explore other active listings in the area.