9 Elm St, Melrose MA 02176

Melrose, MA 02176

$1,049,000

Est. $6,167/month

6

Beds

2

Baths

2,630

Sq Ft

$399

Price/Sq Ft

0.13

Acres

1896

Year Built

2

Parking

2 Family - 2 Units Up/Down

Type

20

Days on Market

Active Listed Jun 22, 2026 • MLS# 73539478 Copied! • Updated Jun 26, 2026

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About this home

Horvath & Tremblay is pleased to present this two-family investment property located at 9 Elm Street in Melrose, MA. The three-story building contains two (2) 3-Bedroom/1-Bathroom units with 2,630 square feet of gross living area in 5,544 square feet of gross area. Both units offer in-unit laundry and porches. Additional value-add opportunities can be leveraged for an investor or savvy owner-occupant. The Property is situated upon a 0.134-acre corner parcel and features two (2) off-street parking spaces. 9 Elm Street is well-positioned in downtown Melrose, offering strong access to the city's central business district, neighborhood retail corridors, and surrounding residential neighborhoods.

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Recently Sold Nearby

Property History

Property Timeline

🏠

Listed for Sale

Jun 22, 2026

$1,049,000

Original listing

Agent: Kelleher - Pentore Team Office: Horvath & Tremblay

Detailed History Table ▼

Date	Event	Price	Change	$/sqft	Details
06/22/2026	🏠 Listed for Sale	$1,049,000	-	-	Original listing

Tax History

Year	Taxes	Assessment
2025	$7,949	$802,900

Financial Details

Annual Property Tax

$7,949

Tax Year 2025

Assessed Value

$802,900

Facts & Features

Home Facts

Type Residential Income

Style 2 Family - 2 Units Up/Down

Year Built 1896

Living Area 2,630 sq ft

Lot Size 0.13 acres

Bedrooms 6

Full Baths 2

Total Rooms 15

Investment Metrics

Units 2

Unit 1 Rent $1,300/mo · N

Unit 2 Rent — · N

Total Monthly Rent $1,300/mo

Gross Income $15,600

Net Operating Income $31,966

Operating Expenses $18,435

Cap Rate 3.05%

Interior

Heating None

Cooling None

Flooring Wood

Appliances None

Fireplace None

Basement Unfinished

Laundry None

Features None

Exterior

Construction Frame

Architecture None

Roof Shingle

Features None

Pool None

Spa None

Fencing None

Patio/Porch Porch

Parking

Features Paved Drive, Off Street

Total Spaces 2

Utilities

Electric None

Water Public

Sewer Public Sewer

Gas None

Other For Gas Range

Financial

Annual Tax $7,949

Assessed Value $802,900

HOA & Community

Fee Includes None

Amenities None

Optional Fee Includes None

Down Payment Resource Eligible

MA Disclosures

Seller Disclosures None.

Additional Details

Possession None

Accepted Financing None

Structure Type []

Sq Ft Source Public Record

Documents None

County Middlesex

Total market time (incl. prior listings) 4 days

Property Overview

Property Type

2 Family - 2 Units Up/Down

Listing Type

For Sale

Year Built

1896

Bedrooms

6

Full Bathrooms

2

Living Area

2,630 sq ft

Total Rooms

15

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

Appliances:

Interior Features:

Windows:

Basement: Unfinished

Laundry:

Security:

Construction & Materials

Year Built: 1896

Structure Type:

Exterior Materials: Frame

Roof: Shingle

Foundation: Stone

Stories: 3

Heating, Cooling & Utilities

Heating:

Cooling:

Hot Water: Natural Gas

Water Source: Public

Sewer: Public Sewer

Energy Features:

Exterior & Lot

Exterior Features:

Patio & Porch: Porch

Fencing:

Other Structures:

Lot Features: Corner Lot

Road Surface:

Parking & Garage

Total Parking Spaces: 2

Parking Features: Paved Drive, Off Street

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

E

Elementary Schools

7 schools

St. Mary Elementary School

0.9 mi

Grades PK-08

Early Childhood Center

0.3 mi

246 students Moderate

Grades PK-K

A+

Horace Mann School

0.4 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

A

Winthrop School

0.5 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

A

Roosevelt School

0.7 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-

Herbert Clark Hoover School

1.0 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

1.1 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

M

Middle Schools

1 school

A-

Melrose Middle School

0.5 mi | #92 of 352 | Score: 50.4

Improved 6 spots from last year

-7.8 below state avg

886 students Moderate

Grades 06-08

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Property Tax $662

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Location

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Neighborhood

9 Elm St, Melrose MA 02176

Melrose, MA 02176

Listing Information

Listing Agent Kelleher - Pentore Team

Listing Office Horvath & Tremblay

Office Phone 781-776-4000

Agent MLS ID TM359859

Office MLS ID AN2723

Listing Data Updated Jun 26, 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.

Contact Us

Steven Novak

BMN Boston Real Estate

(617) 955-2224 mail@steve-novak.com

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