250 Tremont St, Melrose MA 02176
Melrose, MA 02176
$999,900
Est. $5,804/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
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!
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Recently Sold Nearby
Property History
Market Insights
Property Timeline
Status: Active under contract
Aug 27, 2026
Active → Active Under Contract
Pending Sale
Aug 25, 2026
Offer accepted, sale pending
Listed for Sale
Aug 20, 2026
$999,900
Original listing
Agent: Mark Hutchinson
Office: Brad Hutchinson Real Estate
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 08/27/2026 | 📋 Status: Active under contract | - | - | - | Active → Active Under Contract |
| 08/25/2026 | ⏳ Pending Sale | - | - | - | Offer accepted, sale pending |
| 08/20/2026 | 🏠 Listed for Sale | $999,900 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $6,576 | $664,200 |
Financial Details
Annual Property Tax
$6,576
Tax Year 2025
Assessed Value
$664,200
Facts & Features
Home Facts
Type
Residential Income
Style
2 Family - 2 Units Up/Down
Year Built
1900
Living Area
2,668 sq ft
Lot Size
0.18 acres
Stories
2
Bedrooms
4
Full Baths
2
Total Rooms
9
Investment Metrics
Units
2
Unit 1 Rent
$2,500/mo · N
Unit 2 Rent
$2,300/mo · N
Total Monthly Rent
$4,800/mo
Gross Income
$57,600
Net Operating Income
$57,600
Cap Rate
5.76%
Interior
Heating
Baseboard, Natural Gas
Cooling
Window Unit(s)
Flooring
Wood, Vinyl, Carpet, Hardwood
Appliances
Range, Disposal, Refrigerator
Fireplace
None
Basement
Full
Laundry
Washer Hookup, Dryer Hookup
Features
Storage, Stone/granite/solid Counters, Upgraded Cabinets, Bathroom With Tub & Shower, Internet Available - Fiber-optic, Walk-in Closet(s), Living Room, Kitchen
Exterior
Construction
Frame
Architecture
None
Roof
Rubber
Features
Rain Gutters
Pool
None
Spa
None
Fencing
None
Patio/Porch
Porch, Deck
Parking
Features
Paved Drive, Off Street, Tandem
Total Spaces
4
Utilities
Electric
200+ Amp Service
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Gas Range, Washer Hookup
Financial
Annual Tax
$6,576
Assessed Value
$664,200
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Lead Paint
Unknown
Seller Disclosures
None
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
House Color
Beige
Sq Ft Source
Public Record
Documents
None
County
Middlesex
Total market time (incl. prior listings)
21 days
Property Overview
Property Type
2 Family - 2 Units Up/Down
Listing Type
Sale Pending
Year Built
1900
Bedrooms
4
Full Bathrooms
2
Living Area
2,668 sq ft
Total Rooms
9
Stories
2
Levels
2
Floor Layout
Interactive room guide
Floor Layout
Finished Area
2,668 sq ft above grade
Display Options
Outdoor Areas
Patio & porchPorch, Deck
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:
Wood, Vinyl, Carpet, Hardwood
Appliances:
Range, Disposal, Refrigerator
Interior Features:
Storage, Stone/Granite/Solid Counters, Upgraded Cabinets, Bathroom With Tub & Shower, Internet Available - Fiber-Optic, Walk-In Closet(s), Living Room, Kitchen
Windows:
Insulated Windows
Basement:
Full
Laundry:
Washer Hookup, Dryer Hookup
Security:
Construction & Materials
Year Built:
1900
Structure Type:
Exterior Materials:
Frame
Roof:
Rubber
Foundation:
Stone
Stories:
2
Heating, Cooling & Utilities
Heating:
Baseboard, Natural Gas
Heating Zones:
2
Cooling:
Window Unit(s)
Hot Water:
Natural Gas
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Rain Gutters
Patio & Porch:
Porch, Deck
Fencing:
Other Structures:
Lot Features:
Level
Road Surface:
Parking & Garage
Total Parking Spaces:
4
Parking Features:
Paved Drive, Off Street, Tandem
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
A
Roosevelt School
0.2 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
Early Childhood Center
0.3 mi
247 students
Diverse
Grades PK-K
A+
Horace Mann School
0.6 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
Middle Schools
3 schools
A-
Melrose Middle School
0.3 mi
|
#89 of 352
|
Score: 50.7
Improved 9 spots from last year
-7.5 below state avg
830 students
Moderate
Grades 06-08
B+
Stoneham Central Middle School
1.8 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
A-
Galvin Middle School
2.2 mi
|
#80 of 352
|
Score: 51.9
Improved 4 spots from last year
-6.3 below state avg
1,076 students
Moderate
Strong Attendance
Grades 05-08
High Schools
3 schools
A-
Stoneham High School
1.1 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
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
B+
Northeast Metropolitan Regional Vocational High School
2.3 mi
|
#127 of 346
|
Score: 58.3
Improved 95 spots from last year
+0.1 above state avg
1,414 students
Diverse
17 sports
• 1,818 athletes
High Graduation Rate
Rising School
Career Tech Programs
College Ready Curriculum
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
$548
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
250 Tremont St, Melrose MA 02176
Melrose, MA 02176
Listing Information
Listing Agent
Mark Hutchinson
Listing Office
Brad Hutchinson Real Estate
Office Phone
781-665-2222
Agent MLS ID
B0427845
Office MLS ID
B11101
Listing Data Updated
Sep 10, 2026 3:05 AM 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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