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CASH COW ALERT: Melrose Multi-Family Gold Mine! Four units. Seven parking spots. Infinite possibilities. This charming Melrose quad isn’t your typical investment property – it’s a strategic opportunity where tenants currently pay below-market rents while you’re sitting on $2,300/month potential per unit. That’s immediate upside without touching a thing. Location seals the deal: steps from Oak Grove Orange Line, MBTA Commuter Rail, and Bus Line stop for seamless Boston commutes, plus Fells Reservation hiking trails at your doorstep. This rare combination of urban accessibility and outdoor recreation commands the premium rents that busy professionals gladly pay. Smart fundamentals include separate utilities, individual basement storage with laundry, private outdoor space per unit, and eat-in kitchens. 3 of the 4 Units are currently rented with one recently vacated. Hold and optimize rents for steady cash flow, or explore condo conversion potential in this coveted market.
Current real estate data for Multi Family in Melrose as of Oct 07, 2025
6
Multi Family Listed
67
Avg DOM
382
Avg $ / SqFt
$3,168,833
Avg List Price

Property Details

Price:
$1,325,000
MLS #:
73435634
Status:
Active
Beds:
8
Baths:
4
Type:
Multi Family
Subtype:
4 Family – 4 Units Side by Side
Listed Date:
Oct 1, 2025
Finished Sq Ft:
4,050
Total Sq Ft:
4,050
Lot Size:
15,172 sqft / 0.35 acres (approx)
Year Built:
1895
Units:
4
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Schools

Elementary School:
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Middle School:
Mvmms
High School:
Mhs

Interior

Appliances
Range, Dishwasher, Refrigerator, Washer, Dryer
Bathrooms
4 Full Bathrooms
Cooling
None
Flooring
Wood, Tile, Vinyl
Heating
Forced Air, Natural Gas, Electric
Laundry Features
Washer & Dryer Hookup

Exterior

Community Features
Public Transportation, Shopping, Pool, Tennis Court(s), Park, Walk/Jog Trails, Golf, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station
Construction Materials
Frame
Parking Features
Paved Drive, Off Street, Assigned, Paved
Parking Spots
7
Roof
Rubber

Financial

Net Operating Income
$63,600
Tax Year
2025
Taxes
$10,944

Map

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Community

Property Summary

    35-41 Brazil St Melrose MA is a Multi Family for sale in Melrose, MA, 02176. It is listed for $1,325,000 To schedule a showing of MLS#73435634 at 35-41 Brazil St in Melrose, MA, contact your Boardwalk Real Estate Corp. agent at 781-944-7820.

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CRP: Certified Relocation Professional
CRS: Certified Residential Specialist
GRI: Graduate of Realtors Institute
CBR: Certified Buyers Representative
BSBA: Bachelor of Science in Business Administration. Babson College 1979
MBA: Master of Business Administration. Babson College 2002

James M. Joly is President and Principal-Owner of Boardwalk Real Estate Corp.,…

More About James
35-41 Brazil St
Melrose, MA