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Est. Mortgage: $/month

Federal 30-year interest rate: 6.67% last updated on 2026-08-13

This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.

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447 Pleasant Street Melrose MA 02176447 Pleasant Street Melrose MA 02176447 Pleasant Street Melrose MA 02176447 Pleasant Street Melrose MA 02176447 Pleasant Street Melrose MA 02176447 Pleasant Street Melrose MA 02176447 Pleasant Street Melrose MA 02176447 Pleasant Street Melrose MA 02176447 Pleasant Street Melrose MA 02176447 Pleasant Street Melrose MA 02176447 Pleasant Street Melrose MA 02176447 Pleasant Street Melrose MA 02176447 Pleasant Street Melrose MA 02176447 Pleasant Street Melrose MA 02176447 Pleasant Street Melrose MA 02176447 Pleasant Street Melrose MA 02176447 Pleasant Street Melrose MA 02176447 Pleasant Street Melrose MA 02176447 Pleasant Street Melrose MA 02176447 Pleasant Street Melrose MA 02176
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  • 24Bedrooms
  • 24Bathrooms
  • 13,440Square Feet
447 Pleasant St is a three-story brick building with 24 residential units consisting of 1 Studio unit and (23) 1-Bedroom/1-Bathroom units. The units are separately metered for electric, which is paid directly by the tenants. The Landlord is responsible for electric heat and hot water, common area electric, and domestic water and sewer. 447 Pleasant Street has been well maintained throughout ownership and features ample off-street parking with 21 spaces. The Property also offers an elevator and on site laundry facility, and each unit has a private walk-out patio or balcony. 447 Pleasant Street offers the opportunity to acquire a well-maintained investment Property with upside in an exceptional, urban-infill location. The subject property is ideal for a potential buyer looking for income growth and strong investment returns. In-place rents are below market rates, providing significant potential for upside by achieving market rents through programmatic upgrades to the unrenovated units.
Listed by Kelleher - Pentore Team of Horvath & Tremblay

Listing Sold by Horvath & Tremblay

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More Info

Basic Information

  • Gross Income $563,678
  • Lot Features Other
  • Mls StatusSold
  • Parcel Number 652846
  • Rent Includes Unit 1(Heat, Water, Hot Water), Unit 2(Heat, Water, Hot Water)

Location

  • Address447 Pleasant Street
  • Building Number447
  • CountyMiddlesex
  • StateMA
  • StreetPleasant Street
  • TownMelrose
  • Zip02176

Exterior

  • RoofRubber

Property Information

  • Building Area Source Public Records
  • Living Area 13,440
  • Lot Size Square Feet 19,994
  • Lot Size Units Acres
  • Square Feet13,440

Tax Information

  • Tax Assessed Value $3,139,900
  • Tax Year 25
  • Taxes$31,085

Basic Information

  • GO-List Price$7,000,000
  • MLS Number73380148
  • Modification Date06/01/2026
  • Property SubType5+ Family - 5+ Units Up/Down
  • Purchase Contract Date07/02/2025
  • Sale Date05/28/2026
  • Sale Price$6,570,000

Property

  • Acreage0.45

Utilities

  • Electric Individually Metered
  • Sewer Public Sewer
  • Water Source Public

Other

  • Buyer Agency Compensation1.75
  • Date Listed05/27/2025
  • Farm Land Area Units Square Feet

Parking

  • Parking Features Off Street
  • Parking Spaces21

Rooms

  • Bathroom24
  • Bathrooms Total Decimal 24
  • Bedrooms24
  • Full Bath24

Building

  • Building Area Units Square Feet
  • FoundationOther
  • Levels 3
  • Rooms70
  • Stories3
  • Units24
  • Year Built1964
  • Year Built Details Approximate
  • Year Built Source Public Records

Amenities

  • Amenities
    • Bike Path
    • Highway Access
    • Medical Facility
    • Park
    • Private School
    • Public School
    • Public Transportation
    • Shopping
    • T-Station
    • Walk/Jog Trails

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLSPIN and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

I agree to receive marketing and customer service calls and text messages from Levi Test Cloner2. To opt out, you can reply 'stop' at any time or click the unsubscribe link in the emails. Consent is not a condition of purchase. Msg/data rates may apply. Msg frequency varies. Privacy Policy.

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