Calling all visionaries! Here's your chance to write the next chapter of this beloved Melrose two-family, carefully stewarded by the same family since Elvis was topping the charts. While this home might need a refresh (think more "time capsule" than "turn-key"), its bones are as solid as its location is spectacular. Perfectly perched just steps from downtown Melrose's foodie paradise and the commuter rail, this property is also a hop and skip from the wilderness wonderland of Middlesex Fells. Leave your car in the two car driveway and walk to everything that makes Melrose one of Greater Boston's most coveted communities. Amidst the vintage vibes inside lie original hardwood floors, and a generous deep lot outside begs for your garden dreams. The possibilities here are endless, but it's perfect for house hackers: live in one unit while rental income helps fund your renovation vision. Or, reimagine both units for maximum return. Opportunities like this one do not come along often!
For sale
$850,000
40-42 Tappan St, Melrose, MA 02176
5beds
2,130sqft
Est.:
2 Family - 2 Units Up/Down
Built in 1920
-- sqft lot
$876,800 Zestimate®
$399/sqft
$-- HOA
What's special
Original hardwood floorsGenerous deep lot
- 4 days
- on Zillow |
- 2,400 |
- 166 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: May 10, 2025 at 05:02am
Listed by:
Adam Shulman,
Leading Edge Real Estate
Source: MLS PIN,MLS#: 73370664
Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Open houses
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Oil
Appliances
- Laundry: Electric Dryer Hookup
Features
- Pantry, Bathroom With Tub & Shower, Storage, Living Room, Dining Room, Kitchen, Laundry Room, Sunroom
- Flooring: Hardwood
- Windows: Storm Window(s), Screens
- Basement: Full,Walk-Out Access,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 2,130
- Total interior livable area: 2,130 sqft
- Finished area above ground: 2,130
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Paved Drive, Off Street, Paved
- Has uncovered spaces: Yes
Features
- Patio & porch: Porch, Enclosed, Screened
- Exterior features: Rain Gutters, Garden
- Fencing: Fenced
Lot
- Size: 7,048 Square Feet
- Features: Level
Details
- Parcel number: M:0B8 P:0000001,653197
- Zoning: URA
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 2 Family - 2 Units Up/Down
Materials
- Frame
- Foundation: Block
- Roof: Shingle
Condition
- Year built: 1920
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: Public Sewer
- Water: Public
- Utilities for property: for Electric Range, for Electric Oven, for Electric Dryer
Community & HOA
Community
- Features: Public Transportation, Shopping, Park, Medical Facility, House of Worship, Public School, T-Station
Location
- Region: Melrose
Financial & listing details
- Price per square foot: $399/sqft
- Tax assessed value: $789,700
- Annual tax amount: $7,818
- Date on market: 5/7/2025
- Total actual rent: 0
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