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18-20 North High Street, Melrose MA 02176
18-20 North High Street, Melrose MA 02176
18-20 North High Street, Melrose MA 02176
18-20 North High Street, Melrose MA 02176
18-20 North High Street, Melrose MA 02176
18-20 North High Street, Melrose MA 02176
18-20 North High Street, Melrose MA 02176
18-20 North High Street, Melrose MA 02176
18-20 North High Street, Melrose MA 02176
18-20 North High Street, Melrose MA 02176
18-20 North High Street, Melrose MA 02176
18-20 North High Street, Melrose MA 02176
18-20 North High Street, Melrose MA 02176
18-20 North High Street, Melrose MA 02176
18-20 North High Street, Melrose MA 02176
18-20 North High Street, Melrose MA 02176
18-20 North High Street, Melrose MA 02176
18-20 North High Street, Melrose MA 02176
18-20 North High Street, Melrose MA 02176
18-20 North High Street, Melrose MA 02176
Massachusetts>Melrose>Cedar Park

18-20 North High StreetMelrose, MA 02176

For Sale

$1,585,000

Smart Buyer Rebate $7,925

Rarely does a stabilized four-family come to market with this combination of location, income, and upside. Positioned steps from Cedar Park and the commuter rail, this well-maintained asset delivers immediate cash flow with a clear value-add runway. The building offers 4,154 sq ft across four fully occupied units: three identical 1-bed/1-bath apartments and one, two-level 3-bed/1-bath renovated within the last year. The total rent income is $8,925/month, major systems have been upgraded and utilities separated out to each unit. Cosmetic upgrades for the two, first floor units present a straightforward path to bring rents to market upon turnover. Four off-street parking spaces, coin-op laundry, and consistent capital improvements over the past decade round out a compelling profile. For the long-term holder or condo converter, this is the kind of north-of-Boston multifamily with lots of potentials hard to overlook.

Listed by Jill Plank Butler

·

Newell Realty

·

781-640-6979

Last updated June 08, 2026

·

Source: MLSPin #73530094

Listing Facts

  • TypeMulti-family
  • NeighborhoodCedar Park
  • Bedrooms7
  • Bathrooms4
  • Days on Prevu12
  • Taxes$11,079/year
  • Size4,154 sqft
  • Price per sqft$382

Amenities

  • Dishwasher
  • Private Outdoor Space
  • Parking
  • Swimming Pool

Location

Mortgage Calculator

Listing History

06/04/2026
Listed by Newell Realty
$1,585,000

Property Details for 18-20 North High Street

Association

Amenities

  • Community Features: Public Transportation, Shopping, Pool, Tennis Court(s), Park, Medical Facility, Laundromat, Conservation Area, Private School, Public School

Exterior

Construction

  • Number Of Units Total: 4
  • Roof: Shingle
  • Stories: 5
  • Stories Total: 5
  • Window Features: Box/Bay/Bow Window(s)
  • Year Built: 1900
  • Year Built Details: Approximate
  • Construction Materials: Frame, Stone

Features

  • Patio And Porch Features: Deck, Deck - Wood
  • Road Frontage Type: Public

Measurements

  • Building Area Total: 4,154
  • Building Area Units: Square Feet
  • Lot Features: Gentle Sloping
  • Lot Size Acres: 0.11
  • Lot Size Area: 0
  • Lot Size Square Feet: 4,752
  • Lot Size Units: Acres

Financial

Residential Income

  • Gross Income: $107,400.00
  • Operating Expense: $18,200.00

Taxes

  • Parcel Number: B8065,653258
  • Tax Annual Amount: $11,079.00
  • Tax Assessed Value: $965,900.00
  • Tax Year: 2025

Interior

Features

  • Appliances: Range, Disposal, Refrigerator, Range Hood, Dishwasher
  • Flooring: Hardwood
  • Interior Features: Storage, Bathroom With Tub & Shower, Pantry, Remodeled, Living Room, Kitchen

Measurements

  • Living Area: 4,154
  • Living Area Source: Public Record

Rooms

  • Basement: Partial, Walk-Out Access, Concrete, Unfinished
  • Bathrooms Full: 4
  • Bathrooms Total Integer: 4
  • Bedrooms Total: 7
  • Rooms Total: 17

Other

Location

  • Tax Lot: B8-0-6

Parking

Parking

  • Open Parking Spaces: 4
  • Open Parking: Yes
  • Parking Features: Paved Drive, Off Street
  • Parking Total: 4

Schools

High School

  • High School: Melrose High

Utilities

Equipment

  • Heating: Baseboard, Natural Gas, Unit Control
  • Has Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms and bathrooms does this multi-family home have?

There are 7 bedrooms and 4 bathrooms in this multi-family home at 18-20 North High Street.

What schools are nearby to 18-20 North High Street?

Nearby schools include the Melrose High.

Does this multi-family home have parking?

Yes, there are 4 parking spaces available for 18-20 North High Street.

What are the annual taxes for 18-20 North High Street?

Annual taxes for this multi-family home are estimated at $11,079.

How does 18-20 North High Street compare to other multi-family homes in Melrose?

This multi-family home is listed 4% below the average price for multi-family homes in Melrose and has been on the market for 13 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 4,154 sqft.

18-20 North High Street is a 7-bedroom, 4-bath multi-family home for sale in Melrose MA 02176. Available on Prevu for 12 days at $1,585,000. This home features 4,154 square feet of living space, located in Melrose. The median listing price for multi-family homes in this area is $784,450. Nearby schools include Melrose High. The home offers private outdoor space, dishwasher, parking, and swimming pool. Explore more multi-family home listings in Melrose.

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.