Open House Mar 08, 2025
12:00 – 01:30
Looking for that great investment in Melrose. Well here is an affordable low maintenance two family home in a quiet neighborhood. Just a short walk and you are at the commuter rail or downtown Melrose with plenty of shopping and restaurants plus Pine Banks Park all very close by. Both units are three bedroom’s each with happy tenants paying their own utilities. Each unit has a private storage shed, their own parking spaces, washer & dryer hook up’s in unit. Some recent updates are a new roof, new Hardie siding & trim so very low maintenance and new electrical panels in each unit. Open house Saturday 3/8 12-1:30.

Property Details

Price:
$820,000
MLS #:
73340668
Status:
Active
Beds:
6
Baths:
2
Address:
8 Glen Ave
Type:
Multi Family
City:
Melrose
Listed Date:
Mar 4, 2025
State:
MA
Finished Sq Ft:
1,989
Total Sq Ft:
1,989
ZIP:
02176
Lot Size:
6,072 sqft / 0.14 acres (approx)
Year Built:
1968
Units:
2

Schools

Interior

Appliances
Range, Refrigerator
Bathrooms
2 Full Bathrooms
Flooring
Wood, Tile, Vinyl, Carpet
Heating
Electric
Laundry Features
Electric Dryer Hookup

Exterior

Community Features
Public Transportation, Shopping, Park, Walk/ Jog Trails, Golf, Medical Facility, Laundromat, House of Worship, Public School, T- Station
Construction Materials
Frame
Exterior Features
Rain Gutters
Other Structures
Shed(s)
Parking Features
Paved Drive, Off Street, Paved
Parking Spots
5
Roof
Shingle

Financial

Net Operating Income
$54,273
Tax Year
2025
Taxes
$6,661

Map

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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.,…

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8 Glen Ave
Melrose, MA