REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,499,000
Est. payment | /mo
1.5 Baths
7,000 SqFt
$ 1,499,000
Est. payment | /mo
1.5 Baths
7,000 SqFt
Key Details
Property Type Multi-Family
Sub Type 5-9 Family
Listing Status Active
Purchase Type For Sale
Square Footage 7,000 sqft
Price per Sqft $214
MLS Listing ID 73556751
Half Baths 3
Annual Tax Amount $18,408
Tax Year 2026
Lot Size 10,018 Sqft
Acres 0.23
Property Sub-Type 5-9 Family
Property Description
Prime development opportunity at 174 Green Street in Melrose. Situated on a highly visible 0.24-acre (10,454 sq. ft.) lot with steady daily traffic, this versatile site offers a high-yield footprint for a high-density residential build featuring a street-level retail component. Flexible BA1 zoning provides a clear pathway to maximize residential square footage while capturing ground-floor commercial value. The existing ~7,000 sq. ft. structure offers immediate utility or short-term cash flow while navigating entitlements. Unbeatable transit-oriented location moments from the Melrose Highlands Commuter Rail, Oak Grove (Orange Line), and vibrant downtown Melrose guarantees strong demand for future residential units and retail tenants alike. Capitalize on a rare, scalable parcel in a premier suburban market. Buyers and their agents to perform all due diligence regarding zoning, permitting, density, and specific allowable uses.
Location
State MA
County Middlesex
Zoning BA1
Direction Green Street Melrose
Exterior
Garage Spaces 1.0
Total Parking Spaces 2
Garage Yes
Building
Lot Description Other
Story 2
Foundation Other
Sewer Public Sewer
Water Public
Others
Senior Community false
Listed by Coldwell Banker Realty - Boston
NEARBY SCHOOLS & PROPERTIES
GET MORE INFORMATION
QUICK SEARCH
- Homes For Sale in Merrimac, MA
- Homes For Sale in Andover, MA
- Homes For Sale in Wilmington, MA
- Homes For Sale in Windham, NH
- Homes For Sale in Dracut, MA
- Homes For Sale in Wakefield, MA
- Homes For Sale in Salem, NH
- Homes For Sale in Manchester, NH
- Homes For Sale in Gloucester, MA
- Homes For Sale in Worcester, MA
- Homes For Sale in Concord, NH
- Homes For Sale in Groton, MA
- Homes For Sale in Methuen, MA
- Homes For Sale in Billerica, MA
- Homes For Sale in Plaistow, NH
- Homes For Sale in Franklin, MA
- Homes For Sale in Boston, MA
- Homes For Sale in Tewksbury, MA
- Homes For Sale in Leominster, MA
- Homes For Sale in Melrose, MA
- Homes For Sale in Groveland, MA
- Homes For Sale in Lawrence, MA
- Homes For Sale in Fitchburg, MA
- Homes For Sale in Orange, MA
- Homes For Sale in Brockton, MA
- Homes For Sale in Boxford, MA
- Homes For Sale in North Andover, MA
- Homes For Sale in Haverhill, MA
- Homes For Sale in Lowell, MA
- Homes For Sale in Lynn, MA
- Homes For Sale in Marlborough, MA
- Homes For Sale in Pelham, NH