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REDEVELOPMENT OPPORTUNITY! This home is being offered in connection with the sale of 236-238 Main Street. Combining both lots will create a 31,737sqft lot. Under special permitting by the city that would allow the possibility for 9 units to be built, if not more. Seller makes no representations as to the cities willingness to grant such special permit and makes no warranties about the potential highest and best use. All due diligence is the buyer's/buyer's agents responsibility. On the MBTA bus line, Commuter Rail a short walk, as well as Downtown Melrose. Lot boundaries drawn in photos are approximate and for reference only.

More Info

Basic Information

  • Contingency Third-Party Approval
  • Lot Features Sloped
  • Mls StatusUnder Agreement
  • Parcel Number 653619
  • Road Frontage DescriptionPaved

Tax Information

  • Tax Assessed Value $1,019,000
  • Tax Year 2025
  • Taxes$10,088

Basic Information

  • List Price$3,000,000
  • MLS Number73443403
  • Modification Date12/10/2025
  • Property SubTypeResidential
  • Purchase Contract Date11/25/2025

Location

  • Address244 Main Street
  • Building Number244
  • CountyMiddlesex
  • StateMA
  • StreetMain Street
  • TownMelrose
  • Zip02176

Building

  • Building Area Units Square Feet

Property

  • Acreage0.43
  • Frontage Length 120

Utilities

  • Electric On-Site
  • Electric On Property YN Yes
  • Gas At Street
  • Sewer Public Sewer, On-Site
  • Water Source Public, On-Site

Property Information

  • Lot Size Square Feet 18,539
  • Lot Size Units Acres
  • Road Responsibility Public Maintained Road

Amenities

  • Amenities
    • Conservation Area
    • Golf
    • Highway Access
    • House of Worship
    • Laundromat
    • Medical Facility
    • Park
    • Pool
    • Public School
    • Public Transportation
    • Shopping
    • Sidewalks
    • T-Station
    • Tennis Court(s)
    • Walk/Jog Trails
  • Other AmenitiesGolf, Tennis

Other

  • Date Listed10/14/2025
  • Farm Land Area Units Square Feet
  • View Count1

Map Location

Driving Directions

Listed by Kevin Sexton of William Raveis R.E. & Home Services

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