BMN Boston

Get our mobile app!

Download on the App Store

7 Park St, Melrose MA 02176

Melrose, MA 02176
$900,000
Est. $5,376/month
6
Beds
2
Baths
2,100
Sq Ft
$429
Price/Sq Ft
0.09
Acres
1880
Year Built
4
Parking
13
Days on Market
Pending Listed Jun 18, 2026 • MLS# 73536996 Copied! • Updated Jul 2, 2026

About this home

Exceptional opportunity to own a well-maintained two-family home offering approximately 2,100 sq ft of living space. This versatile property features a total of 6 bedrooms and 2 full bathrooms across two units. The first-floor unit offers comfortable living space with direct access to a private brick patio—perfect for outdoor dining or relaxing. The second-floor unit features a deck located just off the kitchen, creating an ideal setting to enjoy your morning coffee or unwind at the end of the day. Each units has 2 dedicated parking spaces (4 total) & in-unit laundry. Whether you’re an investor seeking a property with strong rental history or an owner-occupant looking to offset your mortgage with additional income, this property provides outstanding flexibility (unit 1 will be delivered vacant). Conveniently located near downtown Melrose, Oak Grove Station, restaurants, shops, and parks. Tenants pay own electric and gas.

View in the App

Save this property, schedule tours instantly, and get alerts when the price drops

Scan to download BMN Boston app Scan with phone
Get the full experience in the BMN Boston app

BMN Estimate

Get the number an algorithm can't give you

A free agent CMA factors in condition, upgrades, and the street — the things comps alone can't see.

Recently Sold Nearby

Property History

Market Insights

Property Timeline

📋
Status: Active under contract
Jun 23, 2026
Active → Active Under Contract
Pending Sale
Jun 23, 2026
Offer accepted, sale pending
👁️
Showing Instructions Updated
Jun 20, 2026
New showing requirements
🏠
Listed for Sale
Jun 18, 2026
$900,000
Original listing
Agent: Prescott White Office: Commonwealth Properties Residential, LLC

Tax History

Year Taxes Assessment
2025 $7,506 $758,200

Financial Details

Annual Property Tax
$7,506
Tax Year 2025
Assessed Value
$758,200

Facts & Features

Home Facts

Type Residential Income
Style 2 Family - 2 Units Up/Down
Year Built 1880
Living Area 2,100 sq ft
Lot Size 0.09 acres
Bedrooms 6
Full Baths 2
Total Rooms 13

Investment Metrics

Units 2
Unit 1 Rent — · N
Unit 2 Rent $2,600/mo · N
Total Monthly Rent $2,600/mo
Gross Income $30,600
Net Operating Income $30,600
Cap Rate 3.40%
Heating Forced Air, Electric
Cooling Window Unit(s)
Flooring Wood, Tile, Hardwood
Appliances Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Fireplace None
Basement Interior Entry, Unfinished
Laundry None
Features Pantry, Stone/granite/solid Counters, High Speed Internet, Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub, Cathedral/vaulted Ceilings, Open Floorplan, Living Room, Kitchen, Laundry Room, Mudroom
Construction None
Architecture None
Roof Shingle
Features Balcony/deck, Rain Gutters
Pool None
Spa None
Fencing None
Patio/Porch Porch, Deck, Patio
Features Paved Drive, Off Street
Total Spaces 4
Electric 110 Volts, Circuit Breakers
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $7,506
Assessed Value $758,200
Fee Includes None
Amenities None
Optional Fee Includes None
Seller Disclosures Unit 1 Will Be Delivered Vacant. Unit 2 Is Tenant-at-will.
Exclusions Refrigerator Unit 1 Excluded
Possession None
Accepted Financing Contract
Structure Type []
Sq Ft Source Measured
Sq Ft Disclosures Includes second floor addition completed in 2016 making it 6 beds/2 baths
Documents None
County Middlesex
Total market time (incl. prior listings) 14 days

Property Overview

Property Type
2 Family - 2 Units Up/Down
Listing Type
For Sale
Year Built
1880
Bedrooms
6
Full Bathrooms
2
Living Area
2,100 sq ft
Total Rooms
13
Stories
3
Levels
3

Room Details

Other Floor

Bathroom1
Bedroom5
Bedroom4
Bedroom3
Dining Room
Kitchen
Bathroom2
Bedroom2
Living Room
Bathroom3
Master Bedroom
Office
Family Room
Master Bathroom

Interior Features

Flooring: Wood, Tile, Hardwood
Appliances: Range, Dishwasher, Microwave, Refrigerator, Washer, Dryer
Interior Features: Pantry, Stone/Granite/Solid Counters, High Speed Internet, Upgraded Cabinets, Upgraded Countertops, Bathroom With Tub, Cathedral/Vaulted Ceilings, Open Floorplan, Living Room, Kitchen, Laundry Room, Mudroom
Windows:
Basement: Interior Entry, Unfinished
Laundry:
Security:

Construction & Materials

Year Built: 1880
Structure Type:
Exterior Materials:
Roof: Shingle
Foundation: Stone
Stories: 3

Heating, Cooling & Utilities

Heating: Forced Air, Electric
Cooling: Window Unit(s)
Hot Water: Natural Gas
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Balcony/Deck, Rain Gutters
Patio & Porch: Porch, Deck, Patio
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Total Parking Spaces: 4
Parking Features: Paved Drive, Off Street
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
E

Elementary Schools

7 schools
St. Mary Elementary School
0.5 mi
Grades PK-08
A-
Herbert Clark Hoover School
0.5 mi | #218 of 824 | Score: 54.0
Dropped 88 spots from last year
-4.2 below state avg
260 students Moderate
Grades K-05
A
Lincoln School
0.7 mi | #130 of 824 | Score: 57.6
Improved 194 spots from last year
-0.6 below state avg
404 students Diverse
Rising School
Grades K-05
A
Winthrop School
0.7 mi | #89 of 824 | Score: 59.8
Improved 1 spots from last year
+1.6 above state avg
392 students Less Diverse
Strong Attendance
Grades K-05
Early Childhood Center
1.2 mi
246 students Moderate
Grades PK-K
A
Roosevelt School
1.3 mi | #124 of 824 | Score: 57.9
Improved 100 spots from last year
-0.4 below state avg
406 students Moderate
Rising School Strong Attendance
Grades K-05
A+
Horace Mann School
1.4 mi | #79 of 824 | Score: 60.5
Dropped 73 spots from last year
+2.3 above state avg
254 students Less Diverse
Strong Attendance
Grades K-05
M

Middle Schools

1 school
A-
Melrose Middle School
1.1 mi | #92 of 352 | Score: 50.4
Improved 6 spots from last year
-7.8 below state avg
886 students Moderate
Grades 06-08
Learn about these ratings

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 $626
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

Interest
Principal
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

Loading map...

Neighborhood

7 Park St, Melrose MA 02176

Melrose, MA 02176

Listing Information

Listing Agent Prescott White
Listing Office Commonwealth Properties Residential, LLC
Office Phone 617-600-8415
Agent MLS ID CT001881
Office MLS ID AN4232
Listing Data Updated Jul 2, 2026 11:24 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Contact Us

Steven Novak
Steven Novak
BMN Boston Real Estate
Ask about this property — free, no obligation.

Similar Homes for Sale

Comparable Properties

Customize Comparable Search

Finding comparable properties...

Market Analytics for Melrose, MA

Real-time market trends and pricing data for this area

7 Park St, Melrose MA 02176 - Photo 1 7 Park St, Melrose MA 02176 - Photo 2 7 Park St, Melrose MA 02176 - Photo 3 7 Park St, Melrose MA 02176 - Photo 4 7 Park St, Melrose MA 02176 - Photo 5 7 Park St, Melrose MA 02176 - Photo 6 7 Park St, Melrose MA 02176 - Photo 7 7 Park St, Melrose MA 02176 - Photo 8 7 Park St, Melrose MA 02176 - Photo 9 7 Park St, Melrose MA 02176 - Photo 10 7 Park St, Melrose MA 02176 - Photo 11 7 Park St, Melrose MA 02176 - Photo 12 7 Park St, Melrose MA 02176 - Photo 13 7 Park St, Melrose MA 02176 - Photo 14 7 Park St, Melrose MA 02176 - Photo 15 7 Park St, Melrose MA 02176 - Photo 16 7 Park St, Melrose MA 02176 - Photo 17 7 Park St, Melrose MA 02176 - Photo 18 7 Park St, Melrose MA 02176 - Photo 19 7 Park St, Melrose MA 02176 - Photo 20 7 Park St, Melrose MA 02176 - Photo 21 7 Park St, Melrose MA 02176 - Photo 22 7 Park St, Melrose MA 02176 - Photo 23 7 Park St, Melrose MA 02176 - Photo 24 7 Park St, Melrose MA 02176 - Photo 25 7 Park St, Melrose MA 02176 - Photo 26 7 Park St, Melrose MA 02176 - Photo 27 7 Park St, Melrose MA 02176 - Photo 28 7 Park St, Melrose MA 02176 - Photo 29 7 Park St, Melrose MA 02176 - Photo 30 7 Park St, Melrose MA 02176 - Photo 31 7 Park St, Melrose MA 02176 - Photo 32 7 Park St, Melrose MA 02176 - Photo 33 7 Park St, Melrose MA 02176 - Photo 34 7 Park St, Melrose MA 02176 - Photo 35
Steven Novak

Steven Novak

BMN Boston Real Estate

Your message will be sent to Steven Novak.

Schedule a Tour