DanielleBallou
(508) 942-9508
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3-5 E Foster St
Melrose, MA 02176

$1,450,000

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Listing Details

  • $1,450,000
  • MLS# 73490896
  • Type Commercial - Business
  • Status Pending
  • 4,497
    Square Feet
  • 0.047 acres
    Lot Size
  • 1860
    Year Built
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Listed By

Agency Name: Barrett Sotheby's International Realty
Agent Name: Lesley Smith
Agency Phone: 781-729-7900

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Shown By

Agent Name: Danielle Ballou
Agent Phone: (508) 942-9508
Agency Title: Donahue Real Estate Co.

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Home Value Estimate

Description

Classic Victorian mixed-use building in the heart of downtown Melrose, just steps to shops, restaurants, commuter rail, and bus lines. This well-maintained and highly admired property features four residential units and two commercial spaces with excellent street frontage and visibility. All units are fully rented, generating high, consistent operating income. The building has seen numerous updates, including renovated kitchens and baths in select units, updated flooring, newer water heaters, and a new chimney liner, offering both charm and modern reliability. With ample nearby public parking and a prime location in a vibrant downtown setting,...read more

Features

  • $24,381 Taxes
  • Built in 1860
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Listed By

Agency Name: Barrett Sotheby's International Realty
Agent Name: Lesley Smith
Agency Phone: 781-729-7900

agent picture

Shown By

Agent Name: Danielle Ballou
Agent Phone: (508) 942-9508
Agency Title: Donahue Real Estate Co.

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954 Main Street
Walpole, MA 02081
(508) 942-9508
Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 06/03/2026. The listing information on this page last changed on 06/03/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 06/03/2026 7:21:35 AM EST) or MLSPIN MLS (last updated Wed 06/03/2026 7:08:07 AM EST) or Cape Cod / Islands MLS (last updated Wed 06/03/2026 7:14:49 AM EST). Real estate listings held by brokerage firms other than Donahue Real Estate Co. may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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