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For sale
  • $850,000

    40-42 Tappan St, Melrose, MA 02176

    5beds
    2,130sqft
    : 
    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
    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!
    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

    We’ll find a local expert to take you on a private tour of 40-42 Tappan St.

    Next available tour time:Today at 11am

    Open houses

    • Sat, May 10

      12:00 PM - 1:00 PM

    • Sun, May 11

      12:00 PM - 1:00 PM

    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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