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Duplex with Two Garage Spaces
For Sale
Contact for pricing
Pending

276 Lebanon St, Melrose, MA 02176

Renovated two-unit property with separate utilities, in-unit laundry, off-street parking, and access to nearby transit.

Property SizeContact for details
Days on Market142

Property Features for 276 Lebanon St

General Information

Standard status Pending
Property subtype Multifamily

Site & Location

Public Transit Yes
Utilities to Site Yes

Units

Unit Mix 1 x 2BR/1BA, 1 x 4BR/2BA
Multifamily Units 2

Amenities

laundry in unit
off-street parking
garage parking

Building Details

Year Renovated 2018
Buildings 1
Listing Agency: Berkshire Hathaway HomeServices Town and Country Real Estate
Listed By: Gary Lockberg · License #MA
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 8:03PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway HomeServices Town and Country Real Estate

Investment Insights

Based on property information with market context.

This two-unit residential income property includes a two-bedroom apartment with one full bathroom and a larger four-bedroom, two-bathroom residence spanning the second and third floors. Both units have updated kitchens and in-unit laundry, with interior renovations completed in 2018. Separate utilities serve each residence.

The property sits on a lot with off-street parking and two garage spaces. Pine Banks, downtown Melrose, Wyoming Hill commuter rail station, and Oak Grove station are nearby, with the commuter rail located less than a mile away. The property is vacant and available for showing.

Key Highlights

  • Two‑unit duplex with a 2‑bedroom, 1‑bathroom unit and a 4‑bedroom, 2‑bathroom unit
  • Interiors renovated in 2018 with updated kitchens and in‑unit laundry
  • Separate utilities for each unit

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Restaurant Parking Lot & Garage Food Market Grocery & Convenience Store Cafe & Coffee Shop (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

887
Businesses Nearby

Demographics for 02176, MA

29,817
Population
12,724
Households
2.3
Avg Household Size
41
Median Age
62%
College-Educated
95%
High-School Grad
4.7 sq mi
ZIP Area
6,344
Density / Sq Mi
$126,854
Median Household Income
$80,293
Median Earnings
$1,933
Median Rent
$796,100
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Renovated two-unit property with separate utilities, in-unit laundry, off-street parking, and access to nearby transit.
Where is this duplex located?
The property is located at 276 Lebanon St Melrose, MA.
What are key features of this property?
This property features: Two‑unit duplex with a 2‑bedroom, 1‑bathroom unit and a 4‑bedroom, 2‑bathroom unit; Interiors renovated in 2018 with updated kitchens and in‑unit laundry; Separate utilities for each unit
More about this property
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