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    16-18 Beacon Pl Melrose, MA 02176

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    For Sale
    $999,000

    Two-family home in Melrose Center with separate utilities and entries.

    Lot size:
    0.15 Acres

    Property Features for 16-18 Beacon Pl

    General Information

    Lot size
    0.15 Acres

    Building Details

    Year built
    1900

    Source: Centre Realty Group Agent Patricia Candela

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Melrose Two-Family Home with Upgrades

    This two-family home is located in the heart of Melrose Center. Unit 16 features 1 bedroom, 1 bathroom, a loft, and in-unit laundry. Recent upgrades include refinished hardwood floors, paint, and updated kitchen countertops and cabinetry. Unit 18 features 3-4 bedrooms and 2 bathrooms over three levels. The first floor includes a spacious eat-in kitchen and living room with sliding doors leading to a private patio and garden. The second floor features 2 bedrooms, a full bathroom, laundry, and an additional living room. The top floor has 2 more bedrooms with a centrally located full bathroom. Each unit has separate utilities and private entries. A new roof and solar panels were installed within 2 years. Generous parking is available.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Melrose
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.0635438
    Latitude
    42.4538778

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    FAQs

    What type of property is this?
    Duplex - Two-family home in Melrose Center with separate utilities and entries.
    Where is this duplex located?
    The property is located at 16-18 Beacon Pl Melrose, MA.
    What is the asking price?
    The asking price for this property is $999,000.
    What are key features of this property?
    This property features: - Two-family home in Melrose Center with strong rental income potential or multi-generational living.; - Unit 18: Spacious 3-4 bedroom unit with private patio and garden.; - New roof and solar panels (installed within 2 years).
    (617) 877-9646
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    16-18 Beacon Pl Melrose, MA 02176
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    16-18 Beacon Pl Melrose, MA 02176
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