About this home
Rare opportunity in Melrose offering flexibility for investors, developers and owner-users alike. 174 Green Street features a substantial existing building of approximately 7,000 sq. ft. on a prominent BA1-zoned parcel, creating multiple possibilities for both immediate use and future redevelopment. The existing building offers significant usable space and three-phase power, while the site's zoning and location may provide compelling potential for a mixed-use residential and commercial concept. Conveniently positioned near downtown Melrose, the Melrose Highlands Commuter Rail and access to Oak Grove and Boston, the property combines visibility, accessibility and long-term upside in one of Greater Boston's most desirable communities. An increasingly rare opportunity to acquire a sizable, versatile property in Melrose at a newly improved price. Buyers and buyers' agents to perform their own due diligence regarding zoning, permitting and intended use.
Listing last checked: Listing updated:
Listed by Lento + Rivkind Real Estate Team · Coldwell Banker Realty - Boston · MLS #73556751
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Details at a glance
Interior2 property facts
- Rooms
- 1
- Basement
- Not reported
Building5 property facts
- Style
- 5-9 Family
- Year built
- 9999
- Garage
- 1
- Parking
- 1
- Foundation
- Other
Land & utilities5 property facts
- Lot size
- 0.23 acres
- Water
- Public
- Sewer
- Public Sewer
- Pool
- Not reported
- Zoning
- BA1
Financial2 property facts
- Annual taxes
- $18,408
- Assessment year
- 2026
Location
Estimated monthly cost
Explore costs at the $1,350,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$8,360 / monthAdjust
- Principal & interest
- $6,826
- Property tax
- $1,534
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $18,408. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
Price and status timeline
- Sc
$1,350,000 · Mar 19, 2026
More property insights
Automated value estimate $1,602,513
Estimated range $1,511,424–$1,693,602.
Automated estimates are not appraisals or guarantees of market value.
Request a professional market analysisPhoto-based condition insights
Overall presentation: average
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About 174 Green St
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Request a tour of 174 Green St and a Bean Group agent will help coordinate an available time with the listing side.
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Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.
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