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Remodeled Two-Bed Income Apartment
For Lease
$2,950/Mo

51 Mt Vernon Unit 1, Melrose, MA 02176

Newly remodeled two-bedroom apartment includes central A/C and heating, plus one private parking spot.

Space SizeContact for details
Days on Market59

Property Features for 51 Mt Vernon Unit 1

General Information

Standard status Active
Total Parking Spaces 1
Property subtype Apartment

Building Details

Year Renovated 2024
Listing Agency: First Edge Realty
Listed By: Samuel Tweedale
Source: Lockandkeyre
Added: Jul 9 Changed: Sep 4 Last Checked: Sep 5 at 7:19AM

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 First Edge Realty

Investment Insights

Based on property information with market context.

This fully remodeled two-bedroom unit was completed in 2024 and offers a spacious living room with hardwood floors. The apartment includes an efficient heat pump, along with a central A/C and heating system for year-round comfort.

For residents, coin-op laundry is available in the basement, and the rental includes one private parking spot. Pets are allowed on a case-by-case basis, subject to owner approval.

The property is presented as an income apartment for rent, with the unit identified as “Unit 1” at 51 Mt Vernon in Melrose.

Key Highlights

  • Fully remodeled 2‑bedroom apartment remodeled in 2024
  • Central A/C and heating system for year‑round comfort
  • Efficient heat pump included

Property Analytics

Current Use

Residential income properties

Suggested Use

Top Pick Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Garden Center Auto Parts Store Furniture & Home Goods Locksmith

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

982
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential income property - Newly remodeled two-bedroom apartment includes central A/C and heating, plus one private parking spot.
Where is this residential income property located?
The property is located at 51 Mt Vernon Unit 1 Melrose, MA.
What is the lease rate?
The lease rate is $2,950/Mo.
What are key features of this property?
This property features: Fully remodeled 2‑bedroom apartment remodeled in 2024; Central A/C and heating system for year‑round comfort; Efficient heat pump included
More about this property
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