174 Green St, Melrose MA 02176
Melrose, MA 02176
$1,499,000
$1,350,000
Est. $8,560/month
Estimate assumptions
20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.
Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.
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About this home
Rare opportunity in Melrose offering flexibility for investors, developers and owner-users alike. 174 Green Street features a substantial existing building of approximately 7,000 sq. ft. on a prominent BA1-zoned parcel, creating multiple possibilities for both immediate use and future redevelopment. The existing building offers significant usable space and three-phase power, while the site's zoning and location may provide compelling potential for a mixed-use residential and commercial concept. Conveniently positioned near downtown Melrose, the Melrose Highlands Commuter Rail and access to Oak Grove and Boston, the property combines visibility, accessibility and long-term upside in one of Greater Boston's most desirable communities. An increasingly rare opportunity to acquire a sizable, versatile property in Melrose at a newly improved price. Buyers and buyers' agents to perform their own due diligence regarding zoning, permitting and intended use.
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Recently Sold Nearby
Property History
Market Insights
1
Price Changes
9.9%
Price Range
Property Timeline
Price Reduced
Sep 10, 2026
$1,350,000
$149,000
(-9.94%)
From $1,499,000 to $1,350,000 (-9.9%)
Listed for Sale
Jul 29, 2026
$1,499,000
Original listing
Agent: Lento + Rivkind Real Estate Team
Office: Coldwell Banker Realty - Boston
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 09/10/2026 | ↓ Price Reduced | $1,350,000 | $149,000 | - | From $1,499,000 to $1,350,000 (-9.9%) |
| 07/29/2026 | 🏠 Listed for Sale | $1,499,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2026 | $18,408 | $9,999 |
Financial Details
Annual Property Tax
$18,408
Tax Year 2026
Assessed Value
$9,999
Facts & Features
1 Car Garage
New Construction
Home Facts
Type
Residential Income
Style
5-9 Family
Year Built
9999
Living Area
7,000 sq ft
Lot Size
0.23 acres
Stories
2
Half Baths
3
Total Rooms
1
Investment Metrics
Units
1
Unit 1 Rent
— · N
Unit 2 Rent
— · N
Interior
Heating
None
Cooling
None
Flooring
None
Appliances
None
Fireplace
None
Basement
None
Laundry
None
Features
None
Exterior
Construction
None
Architecture
None
Roof
None
Features
None
Pool
None
Spa
None
Fencing
None
Patio/Porch
None
Parking
Garage Spaces
1
Has Garage
Yes
Features
None
Total Spaces
1
Utilities
Electric
None
Water
Public
Sewer
Public Sewer
Gas
None
Other
None
Financial
Annual Tax
$18,408
Assessed Value
$9,999
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Lead Paint
Unknown
Seller Disclosures
Buyers And Their Agents To Perform All Due Diligence Regarding Zoning, Permitting, And Specific Uses.
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Other
Sq Ft Disclosures
approximate
Documents
None
County
Middlesex
Total market time (incl. prior listings)
52 days
Property Overview
Property Type
5-9 Family
Listing Type
For Sale
Year Built
9999
Half Bathrooms
3
Living Area
7,000 sq ft
Total Rooms
1
Stories
2
Levels
2
Floor Layout
Interactive room guide
Floor Layout
Finished Area
3,500 sq ft above grade
3,500 sq ft below grade
Display Options
Room Markers
OOffice (1)
KKitchen (1)
BRBedroom (5)
BABathroom (4)
DDining (1)
LLiving (2)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:
Construction & Materials
Year Built:
9999
Structure Type:
Exterior Materials:
Roof:
Foundation:
Other
Stories:
2
Heating, Cooling & Utilities
Heating:
Cooling:
Hot Water:
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Other
Road Surface:
Parking & Garage
Garage Spaces:
1
Total Parking Spaces:
1
Parking Features:
Nearby Schools
School District
Melrose School District local
A
School Safety
2024-25
0.6%
Low
0.4%
Suspensions
0.4%
In-School
0.2%
Emergency
4.9% below state avg
Elementary Schools
3 schools
Early Childhood Center
0.1 mi
247 students
Diverse
Grades PK-K
A+
Horace Mann School
0.3 mi
|
#74 of 825
|
Score: 60.6
Dropped 68 spots from last year
+2.3 above state avg
258 students
Moderate
Strong Attendance
Grades K-05
A
Roosevelt School
0.6 mi
|
#107 of 825
|
Score: 58.8
Improved 117 spots from last year
+0.6 above state avg
366 students
Moderate
Rising School
Strong Attendance
Grades K-05
Middle Schools
3 schools
A-
Melrose Middle School
0.4 mi
|
#89 of 352
|
Score: 50.7
Improved 9 spots from last year
-7.5 below state avg
830 students
Moderate
Grades 06-08
C+
Saugus Middle School
1.9 mi
|
#247 of 352
|
Score: 36.4
Improved 64 spots from last year
-21.8 below state avg
612 students
Diverse
Rising School
Diverse Student Body
Grades 06-08
B+
Stoneham Central Middle School
2.3 mi
|
#129 of 352
|
Score: 46.2
Dropped 30 spots from last year
-12 below state avg
678 students
Moderate
Strong Attendance
Grades 05-08
High Schools
3 schools
A-
Stoneham High School
1.6 mi
|
#89 of 346
|
Score: 61.7
Improved 39 spots from last year
+3.5 above state avg
598 students
Moderate
17 sports
• 1,334 athletes
Strong AP Program
High Graduation Rate
Rising School
College Ready Curriculum
Grades 09-12
C
Saugus High School
1.9 mi
|
#265 of 346
|
Score: 46.1
Improved 3 spots from last year
-12.1 below state avg
695 students
Diverse
17 sports
• 972 athletes
College Ready Curriculum
Strong Athletics
Diverse Student Body
Grades 09-12
A-
Wakefield Memorial High School
2.0 mi
|
#80 of 346
|
Score: 63.2
Improved 15 spots from last year
+5 above state avg
871 students
Moderate
18 sports
• 1,930 athletes
High Graduation Rate
College Ready Curriculum
Strong Athletics
Grades 09-12
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Monthly Payment Calculator
Monthly Payment
$0
Principal, interest, taxes & insurance
Loan Amount
$0
After down payment
Total Interest
$0
Over life of loan
Total Cost
$0
Including down payment
%
Down: $0
%
Monthly Payment Breakdown
Principal & Interest
$0
Property Tax
$1,534
Homeowners Insurance
$200
PMI (if <20% down)
$0
Loan Summary
Total of 360 payments
$0
Total principal paid
$0
Total interest paid
$0
Rate Impact
-0.5% Rate
$0/mo
Save $0/mo
Current Rate
$0/mo
+0.5% Rate
$0/mo
Cost $0/mo
Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.
Location
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Neighborhood
174 Green St, Melrose MA 02176
Melrose, MA 02176
Listing Information
Listing Agent
Lento + Rivkind Real Estate Team
Listing Office
Coldwell Banker Realty - Boston
Office Phone
617-266-4430
Agent MLS ID
TM357624
Office MLS ID
AN6192
Listing Data Updated
Sep 19, 2026 4:56 PM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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