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38-40 Hurd St, Melrose MA 02176 – 9 bed 4 bath For Sale – 73358885

$ 1,550,000
38-40 Hurd St, Melrose MA 02176,

Overview

  • Updated On:
  • April 21, 2025
  • listingid
  • 73358885
  • 9 Bedrooms
  • 4 Bathrooms
  • 0 Garage Spaces
  • 3 Non-Garage Parking Spaces
  • 1900

Description

***OPEN HOUSE Thursday 4:30 – 6:30pm***Well-maintained 4-unit multi-family property offering strong cash flow and investment potential. the building spans 3,519 sq ft on a 0.09-acre lot and features 9 bedrooms and 4 bathrooms across well designed units. Each unit includes spacious living areas, kitchens, and bedrooms. Tenants enjoy off-street parking, laundry, and easy access to Melrose shops and restaurants. Located just 0.1 miles from Lincoln Elementary School and within walking distance to the Wyoming Hill commuter rail, this property is ideal for those seeking turn key convenience. With consistent rental income and a prime location, 38-40 Hurd Street is a great opportunity for investors looking to grow their portfolio in a strong rental market or the savvy owner looking to live free

This property is listed by Jonathan Mathews from Keller Williams Realty Evolution

Property Listing Details

Overview

MLS Status
Price $ 1,550,000
Living Area 3,519.00 ft2
Bedrooms 9
Total Rooms 19
Listing MLS ID 73358885
Days on Market 5
Bathrooms 4

Unit Information

Bedrooms 9
Full Bathrooms 4
Half Bathrooms 0
Cooling
Heating
Uncovered Parking 3
Garage Parking 0
Water View
Unit Level
Common Walls
Laundry Features
Lead Paint Unknown
Outdoor Space Available
Living Area Includes Basement Full
Patio And Porch Features Porch
Parking Features Paved Drive,Off Street
Waterview Features
Flooring

Building Information

Building Name
Units in Building 4
Pets Allowed
Association Amenities
Pool Features
Waterfront Features
Association Fee Includes
Construction Materials
Year Built 1900
Security Features
Sewer Public Sewer
Spa Features
Structure Type
Water Source Public
Basement Full
Roof Shingle

Additional Details

Community Features Public Transportation,Park,Walk/Jog Trails,Medical Facility,Laundromat,Highway Access,House of Worship,Public School,T-Station
Disclosures Sold as is. Buyer to conduct all due diligence. Seller makes no warranties. All information from public record
Last Updated 2025-04-21T20:37:00.000Z
Building Area Source Public Records
MLS PIN Page
Parcel Number M:0B6 P:0000048,652939
Original List Price 1550000
Listing Office keller williams realty evolution
Tax Annual Amount 11415
Tax Assessed Value 1153000
Tax Book Number 80431
Tax Year 2025
Year Built Details Actual
Year Built Source Public Records
Zoning URA
Listing Agent jonathan mathews

Property Address

Address: 38-40 Hurd St, Melrose MA 02176
City:
State/County:
Zip: 02176
Country: US

Amenities and Features

Other Features
Open Parking
Rain Gutters

Payment Calculator

$ 8,881.09
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 7,434.43

Map

Transport
Supermarkets
Schools
Restaurants
Pharmacies
Hospitals

What's Nearby

Food

The Bangkok
(0.07 miles)The Bangkok
Ailaa Himalayan Bar and Grill
(2.67 miles)Ailaa Himalayan Bar and Grill
KASA
(2.2 miles)KASA
Brothers Burgers
(2.35 miles)Brothers Burgers
Colette Bakery
(0.28 miles)Colette Bakery

Health & Medical

Heidrun Jacobi Acupuncture
(0.19 miles)Heidrun Jacobi Acupuncture
Montvale Diagnostic Center
(2.75 miles)Montvale Diagnostic Center
Boston Pain Specialist
(0.52 miles)Boston Pain Specialist
Feldman Jeffrey S MD
(0.19 miles)Feldman Jeffrey S MD
Colleen Quinn, Holistic Health Empowerment, LLC
(3.45 miles)Colleen Quinn, Holistic Health Empowerment, LLC

Shopping

Hideaway Boutique
(0.1 miles)Hideaway Boutique
Square One Mall
(2.27 miles)Square One Mall
Trinity Thrift Shop
(0.44 miles)Trinity Thrift Shop
Redstone Shopping Center
(0.67 miles)Redstone Shopping Center
My Sisters Closet
(2.58 miles)My Sisters Closet

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38-40 Hurd St, Melrose MA 02176 | © 2024 DOUGLAS ELLIMAN REAL ESTATE. ALL MATERIAL PRESENTED HEREIN IS INTENDED FOR INFORMATION PURPOSES ONLY. WHILE THIS INFORMATION IS BELIEVED TO BE CORRECT, IT IS REPRESENTED SUBJECT TO ERRORS, OMISSIONS, CHANGES OR WITHDRAWAL WITHOUT NOTICE. ALL PROPERTY INFORMATION, INCLUDING, BUT NOT LIMITED TO SQUARE FOOTAGE, ROOM COUNT, NUMBER OF BEDROOMS AND THE SCHOOL DISTRICT IN PROPERTY LISTINGS ARE DEEMED RELIABLE, BUT SHOULD BE VERIFIED BY YOUR OWN ATTORNEY, ARCHITECT OR ZONING EXPERT. THE NUMBER OF BEDROOMS LISTED ABOVE IS NOT A LEGAL CONCLUSION. EACH PERSON SHOULD CONSULT WITH HIS/HER OWN ATTORNEY, ARCHITECT OR ZONING EXPERT TO MAKE A DETERMINATION AS TO THE NUMBER OF ROOMS IN THE UNIT THAT MAY BE LEGALLY USED AS A BEDROOM. EQUAL HOUSING OPPORTUNITY.

Property Details

38-40 Hurd St, Melrose MA 02176 – 9 bed 4 bath For Sale – 73358885

$ 1,550,000

Status:

38-40 Hurd St, Melrose MA 02176, , , 02176

Country: US

Property Overview

MLS #: 73358885

Type: /

Action:

Year Built: 1900 (Actual, Source: Public Records, Effective: )

Living Area: 3,519.00 ft2 (Total: 3519 Square Feet, Source: Public Records)

Lot Size: 0.09 ft2 (Area: 0.09 Acres, SqFt: 3803)

Total Rooms: 19

Condition:

Availability:

Building Name:

Interior Features

Bedrooms: 9 (Main Level: )

Bathrooms: Total: 4 (Full: 4, Half: 0, Decimal: 4, Main Level: )

Basement: Full

Fireplaces: 0 ()

Flooring:

Laundry:

Window Features:

Door Features:

Accessibility:

Entry: Level , Location:

Other Equipment:

Construction & Design

Style:

Materials:

Foundation: Stone (Area: )

Roof: Shingle

Stories: 6 (6)

Common Walls:

Body Type:

Utilities & Green Features

Heating:

Cooling:

Water Source: Public

Sewer: Public Sewer ()

Utilities:

Electric: (Expense: )

Gas:

Energy Certificate:

Green Energy Efficient:

Green Energy Generation:

Green Indoor Air Quality:

Green Water Conservation:

Insulation:

Exterior & Lot Features

Garage Spaces: 0

Covered Spaces: 0

Parking Total: 3

Parking Features: Paved Drive,Off Street

Pool:

Spa:

Patio/Porch: Porch

Fencing:

Lot Features:

View: (, Waterview Y/N: )

Waterfront:

Road Frontage: ()

Road Surface:

Road Responsibility:

Other Structures:

Horse Amenities:

Wooded Area:

Pasture Area:

Cultivated Area:

Additional Parcels: (Number: )

Outdoor Space:

Community & Association

Community Features: Public Transportation,Park,Walk/Jog Trails,Medical Facility,Laundromat,Highway Access,House of Worship,Public School,T-Station

Association Fee: ()

Fee Includes:

Association Amenities:

Pets Allowed:

Schools: E: , M: , H:

Zoning: URA ()

MLS Area: Major: , Minor:

Management:

Optional Fee: (Includes: )

Property Description

***OPEN HOUSE Thursday 4:30 – 6:30pm***Well-maintained 4-unit multi-family property offering strong cash flow and investment potential. the building spans 3,519 sq ft on a 0.09-acre lot and features 9 bedrooms and 4 bathrooms across well designed units. Each unit includes spacious living areas, kitchens, and bedrooms. Tenants enjoy off-street parking, laundry, and easy access to Melrose shops and restaurants. Located just 0.1 miles from Lincoln Elementary School and within walking distance to the Wyoming Hill commuter rail, this property is ideal for those seeking turn key convenience. With consistent rental income and a prime location, 38-40 Hurd Street is a great opportunity for investors looking to grow their portfolio in a strong rental market or the savvy owner looking to live free

Room Details

Living Room (): x ( sqft) - Features:

Dining Room (): x ( sqft) - Features:

Kitchen (): x ( sqft) - Features:

Master Bedroom (): x ( sqft) - Features:

Master Bathroom: Features:

Laundry Dimensions:

Multi-Unit Information (if applicable)

Total Units: 4

Units Owner Occupied:

Unit 1: Beds: 2, Full Baths: 1, Half Baths: 0, Levels: 1, Rent: 0, Lease: Y

Unit 2: Beds: 3, Full Baths: 1, Half Baths: 0, Levels: 1, Rent: 0, Lease: Y

Unit 3: Beds: 1, Full Baths: 1, Half Baths: 0, Levels: 1, Rent: 0, Lease: Y

Unit 4: Beds: 3, Full Baths: 1, Half Baths: 0, Levels: 2, Rent: 0, Lease: Y

Complex Complete:

Unit Building:

Financial & Lease Information

Tax Annual Amount: 11415 (Year: 2025)

Tax Assessed Value: 1153000

Tax Block/Lot/Book/Map: / / 80431 /

Parcel Number: M:0B6 P:0000048,652939

Special Licenses:

Current Financing:

Gross Income: (Scheduled: )

Net Operating Income:

Operating Expense: (Water/Sewer: , Insurance: )

Financial Data Source:

APOD Available: No

Tenant Pays:

Rent Includes:

Total Actual Rent: 0

Lease Term: (Existing Type: )

Deposit Required: (Security: , First Month: , Last Month: )

Insurance Required:

References Required:

Listing & Agent Information

Listing Agent: Jonathan Mathews (MLS ID: CT001073) / Team:

Listing Office: Keller Williams Realty Evolution (MLS ID: C95098)

Agent (Property): 57

Buyer Agent MLS ID:

Buyer Office MLS ID:

Listing Agreement: Exclusive Right To Sell

Listing Contract Date: 2025-04-16

Expiration Date: 1900-01-01

Original List Price: 1550000

Price Per SqFt (List): 440.47

Market Time (Property): 5 (Broker: 5, Prev Broker: 0, Prev Property: 0)

MLS Status: Active

Possession:

Directions: 38-40 Heard Street

Disclosures: Sold as is. Buyer to conduct all due diligence. Seller makes no warranties. All information from public record, N

Lead Paint: Unknown

Title 5:

Exclusions:

Contingency:

Special Listing Conditions:

Lender Owned:

Short Sale Lender Approval Required:

Home Warranty Y/N:

Documents Available: (Count: )

Showings Deferral Date:

Open House Flag: 1

Listing Alert: No

Square Feet Disclosures: (Incl. Base: No, Other: )

Master Book/Page: / (Page: 218)

Sale Information (if applicable)

Close Date:

Close Price:

Price Per SqFt (Sold):

Anticipated Sold Date:

Concessions Amount:

Purchase Contract Date:

Sold vs Rent:

System Information

Property ID: 2030601

Modification Timestamp: 2025-04-21T20:37:00.000Z

Bridge Modification Timestamp: 2025-04-21T20:41:23.890Z

Original Entry Timestamp: 2025-04-16T07:05:00.000Z

Status Change Timestamp: 2025-04-16T07:05:00.000Z

Off Market Date:

Development Status:

Business Type:

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