BATHS0.3
SQUARE FEET7,000
MLS#73556751
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
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.
Property Features
Property Type: Multi Unit - Multiple
Garage: 1
Lot Size: 0.23 Acres
Stories: 2.0
Taxes: $18,408
Year Built: 9999
Feature Descriptions
Building Area Total: 7000
Compensation Based On: N/A
Compensation Broker Transaction: N/A
Compensation Buyer Agency: N/A
Compensation Sub Agency: N/A
Compensation Sub Agency Offered: N/A
Dwelling Type: 5-9 Family
GarageY/N: Yes
Lot Features: Other
Parcel Number: M:D11 P:000064A,659456
Parking Total: 1
Rooms Total: 1
Sewer: Public Sewer
Units: 1
Water: Public
Listed By / Shown By
Listed By
Agency Name: Coldwell Banker Realty - Boston
Agent Name: Lento + Rivkind Real Estate Team
Agency Phone: 617-266-4430
Shown By
Agency Title: Better Homes and Gardens Real Estate The Masiello Group
Agency Phone: 800-741-1540
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Estimated Payment
$ 5,307.33 per month $3,336.12 Principal & Interest $1,534.00 Property Tax $437.21 Homeowner's Insurance
174 Green St | MLS# 73556751
This multi-family property located at 174 Green St, Melrose, MA 02176 is currently listed for sale with an asking price of $1,499,000. Search Melrose real estate on www.masiellogrouprealestate.com today.