28-30 Crescent Ave Melrose — Photo 1 of 42
Recent Drop: $26,000
$849,000
Investment Analysis — 28-30 Crescent Ave
Melrose, MA 02176
Based on HUD Small Area Fair Market Rent for Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, a 2-unit multi-family in 02176 carries an estimated $6,760/mo in gross rent — about a 6.27% cap rate and $53,229/yr in estimated NOI at the $849,000 list price. Adjust every assumption in the calculator below.
Beds
6
Baths
2
SqFt
2,472
Style
Multi Family
Built
1910
Welcome to this charming two-family home in Melrose, MA! The first-floor unit features a spacious kitchen, comfortable living room, and well-appointed bedrooms. The second-floor unit offers a kitchen, inviting living/dining area, and generously sized bedrooms. With a total of 4 bedrooms and 2 bathrooms, this property offers a versatile layout ideal for owner-occupants, extended family, or investment opportunities. Additional highlights include a long driveway with ample parking for 6 vehicles and a spacious backyard, perfect for enjoying the outdoors. Conveniently located in Melrose, this property is a wonderful opportunity to own a multi-family home in a desirable community. OPEN HOUSES: August 29th 11-1 and August 30th 11-1. Schedule your showing today!
Estimates — not financial advice
These figures are illustrative estimates for informational purposes only — not an appraisal, valuation, or guarantee of rent, income, or returns, and not financial, tax, or investment advice. Rent is either the figure reported on the MLS listing — in-place rent that may differ from market and is not verified against the actual leases — or, where the listing reports none, an estimate from HUD Small Area Fair Market Rents, a government benchmark that may differ from actual market rent. Each figure is labelled with its source. Cap rate, NOI, and returns depend on the assumptions shown, which you can change. MLS and other third-party data may be inaccurate or out of date. Verify all figures independently and consult your own financial, tax, and legal advisors before making any investment decision.
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Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Highway Access
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Property History
$849,000
Was $875,000
Sep 4, 2026
MLS® 73567250
$875,000
Aug 24, 2026
MLS® 73567250
Listing Agent: Charlotte Marroccomohler
Listing Office: Berkshire Hathaway HomeServices Verani Realty
MLS® Number: 73567250
