46-48 Cleveland St, Melrose, MA 02176

• 8 beds |
• 4 baths |
• 4,590 sqft

Property Description

A rare opportunity to acquire a four-family property in a high-demand area, offering unparalleled income potential and long-term value. Situated on one of Melrose's beautiful tree-lined residential streets. Each spacious unit features 2 bedrooms, 1 full bath, hardwood floors throughout, private rear balconies, off street parking and w/d hookups available in 2,255 sq ft basement with updated furnaces, roof and windows.Located just minutes from downtown Melrose with vibrant shops and restaurants, top-rated public schools, scenic hiking trails, and the MBTA/commuter rail, putting Boston just 7 miles away with easy access to routes 1 and 93. Whether you're an investor seeking strong rental income or a buyer looking to live in one unit while the others work for you, this property delivers on every level.

Listing Status:

Active

Date Added:

August 4, 2026

Data Last Updated:

August 6, 2026 at 5:06PM

Listing Office:

The Greene Realty Group : 888-278-5840

Listing Agent:

Derek Greene : 888-278-5840

MLS ID:

73558870

Interior

• General: Ceiling Fan(s)Bathroom With TubSmart ThermostatLiving RoomKitchenOffice/Den
• Appliances: RangeDishwasherMicrowaveRange Hood
• Laundry: Gas Dryer HookupWasher Hookup
• Basement: FullInterior EntryConcreteSlab
• Flooring: VinylHardwood
• Heating: Forced AirNatural GasIndividualUnit Control
• Fireplace: Fireplaces: 0
• Eco/Green Feature: Thermostat

Exterior

• General: Balcony/Deck
• Parking: Off StreetPavedParking spaces: 6

Construction

• Roofing: Shingle
• Windows: Insulated Windows
• General: 4Block

Location

• Road/Access: Public
• Originating MLS: MLS Property Information Network
• County: Middlesex

Lot

• Zoning: URAM:0B7 P:0000004653069

Utilities

• Utilities: for Gas Rangefor Electric Rangefor Gas Ovenfor Electric Ovenfor Gas DryerWasher HookupVaries per Unit
• Water: Public
• Sewer: Public Sewer

Financial

• Source: MLS Property Information Network