About this home
Giant 4 Unit in the heart of Melrose! Well-maintained property offering strong income potential and flexible living arrangements. This spacious multi-unit building features 9 bedrooms and 4 full baths across approximately 3,519 sq ft of living space. Units offer functional layouts with bright living areas, updated kitchens, hardwood/vinyl flooring, and separately metered utilities. Additional highlights include off-street parking, shared laundry, and a full basement for storage. Conveniently located near downtown Melrose shops, restaurants, parks, schools, and public transportation, including the Wyoming Hill commuter rail station for easy access to Boston. Excellent opportunity to expand your investment portfolio or offset your mortgage with rental income in one of Melrose’s most desirable neighborhoods
Listing last checked: Listing updated:
Listed by Jonathan Mathews · Legacy Realty Advisors LLC · MLS #73583975
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Details at a glance
Interior2 property facts
- Rooms
- 19
- Basement
- Not reported
Building5 property facts
- Style
- 4 Family
- Year built
- 1900
- Parking
- 3
- Foundation
- Stone
- Roof
- Shingle
Land & utilities5 property facts
- Lot size
- 0.09 acres
- Water
- Public
- Sewer
- Public Sewer
- Pool
- Not reported
- Zoning
- URA
Financial2 property facts
- Annual taxes
- $11,415
- Assessment year
- 2025
Location
Estimated monthly cost
Explore costs at the $1,295,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$7,499 / monthAdjust
- Principal & interest
- $6,548
- Property tax
- $951
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $11,415. 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
- Lsd
$2,100 · Sold $2,050 · Mar 17, 2026
- Ter
$3,300 · Mar 17, 2026
More property insights
Automated value estimate $1,330,927
Estimated range $1,252,933–$1,408,921.
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 40 Hurd St
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