Melrose MA Multi-Family

According to, Melrose was THE most desirable city in the entire United States in 2015. Relative affordability for first-time homebuyers, a very walk-able & thriving downtown lined with wonderful boutique stores & gourmet restaurants, high-ranking school districts and a close commute to Boston and Cambridge are all factors that have this city of about 28,000 residents agreeing with that designation. 

In addition to it's quick commute to Boston via car or commuter rail train, Melrose enjoys a short drive to the coastal towns on the North Shore. Melrose also enjoys it's green space, as it's one of the communities that abuts the Middlesex Fells Reservation, with miles of biking, hiking, climbing, fishing and other nature activities. 

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50 Lebanon Street Melrose MA 02176

Melrose, MA50 Lebanon Street


Est. Mortgage: $/month

MLS Number 73064412

  • MultiFamily
  • Bedrooms 5
  • Bathroom 4
  • Square Feet 1,868
  • Parking Spaces 5

Great investment opportunity on this side-by-side duplex in the well-sought city of Melrose! Unit #1 has 5 rooms and 1 and a half bedrooms, which is ideal for an office or nursery space and 1 and a half baths. Unit #2 has Living Room, Dining Room, Kitchen, and 4 bedrooms. Rooms can be utilized as needed for space. All hardwood flooring and coin-operated laundry machines in both basements. Newer roof, vinyl siding and heating systems. Lots of parking (5+) in newly paved driveway with one large garage space. Shed and storage in yard. Enjoy summers on the terrace area and bring your gardening ideas. Minutes from Melrose center, public transportation and all Melrose has to offer! Currently has great tenants who would like to stay but are tenant-at-will.

Listed by Renee Murray-Chakalos of Century 21 North East

$/month over payments
Federal 30-year interest rate: 6.6% last updated on Mar 9, 2023
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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