333 Main St is a four-story brick building with 23 residential units consisting of (7) 1-Bed/1-Bath units, (15) 2-Bed/1-Bath units, and (1) 3-Bed/1-Bath unit. The units, which feature hardwood flooring, are separately metered for heat (electric), hot water (electric) and electricity, which are paid for directly by the tenants. The Landlord is responsible for common area electric and domestic water and sewer. 333 Main Street features ample off-street parking with 23 spaces. The Property also offers an on-site laundry facility, and each unit has a private walk-out patio or balcony. 333 Main Street offers the opportunity to acquire a well-maintained investment Property with upside in an exceptional, urban-infill location. The subject property is ideal for a potential buyer looking for income growth and strong investment returns. The Melrose submarket continues to accelerate thanks to continued commercial and infrastructure development in Melrose.
For sale
$7,700,000
333 Main St, Melrose, MA 02176
40beds
22,324sqft
Est.:
5+ Family - 5+ Units Up/Down
Built in 1961
-- sqft lot
$-- Zestimate®
$345/sqft
$-- HOA
What's special
- 4 days
- on Zillow |
- 528 |
- 21 |
Zillow last checked: 7 hours ago
Listing updated: May 31, 2025 at 12:09am
Listed by:
Kelleher - Pentore Team,
Horvath & Tremblay
Source: MLS PIN,MLS#: 73380111
Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 40
- Bathrooms: 23
- Full bathrooms: 23
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 22,324
- Total interior livable area: 22,324 sqft
- Finished area above ground: 22,324
Property
Parking
- Total spaces: 23
- Parking features: Off Street
Lot
- Size: 0.47 Acres
- Features: Corner Lot
Details
- Parcel number: 653815
- Zoning: URC
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5+ Family - 5+ Units Up/Down
Materials
- Foundation: Other
- Roof: Rubber
Condition
- Year built: 1961
Utilities & green energy
- Electric: Individually Metered
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Bike Path, Highway Access, Private School, Public School, T-Station
Location
- Region: Melrose
Financial & listing details
- Price per square foot: $345/sqft
- Tax assessed value: $3,750,600
- Annual tax amount: $37,131
- Date on market: 5/27/2025
- Total actual rent: 32767
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