126 West Wyoming Avenue, Melrose, MA 02176
View Map
$1,995,000
7 Unit
11 Beds
7 Baths
6068 SQFT
0.32 Acre

Property Description

This Architecturally stunning MULTIFAMILY is in a fantastic Melrose location...near EVERYTHING! With 6 rental units & 6 garage bays, the possibilities are endless. In the same family for decades, it's time for the next savvy investor to take note of this unique offering. Continue renting as it is, make some updates & UP the rents, or even transform this amazing "mansion" into condominium units. There is nothing more appealing than the vibe of old world charm combined with modern updates & amenities. Throughout this property, you will find some original character such as beautiful crown moldings, floor to ceiling windows, "bump-outs" & bay windows, cathedral pediments, HW floors & even a marble fireplace. Equipped with 6 updated heating systems, 6 updated hot water tanks, all separate Circuit Breaker electrical panels, & a coin-op laundry. Grand & gracious, this property awaits its new care-taker with a dream of long-term stability. A property like this doesn't often come around.

Property Details tap to expand

Building Information

  • Total Units: 7
  • Total Floors: 4
  • Total Bedrooms: 11
  • Total Full Baths: 7
  • Total Fireplaces: 1
  • Amenities: Highway Access, Public Transportation, Shopping
  • Basement Features: Full, Interior Access, Partially Finished, Walk Out
  • Common Interior Features: Tile Floor
  • Common Appliances: Washer Hookup

Financial

  • APOD Available: Yes
  • Expenses Source: Other (See Remarks)
  • Gross Operating Income: 155700
  • Net Operating Income: 119060

Utilities

  • Electric Info: Other (See Remarks)
  • Utility Connections: for Gas Dryer, for Gas Range, Washer Hookup
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Construction

  • Year Built: 1900
  • Type: 5-9 Family
  • Construction Type: Aluminum, Frame
  • Foundation Info: Brick, Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood, Tile, Vinyl
  • Lead Paint: Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73376264
  • Last Updated: 06/07/25
  • Terms: Contract for Deed, Rent w/Option

Property History tap to expand

Date Event Price Price/Sq Ft Source
06/03/2025Price Change$1,995,000$329MLSPIN
05/20/2025Active$2,450,000$404MLSPIN
05/16/2025New$2,450,000$404MLSPIN

Mortgage Calculator

View Breakdown

Map

Seller's Representative: Rick Nazzaro, Colonial Manor Realty
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: Net Sale Price
Sub-Agency Relationship Offered: No

© 2025 MLS Property Information Network, Inc.. All rights reserved.

The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information 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. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

MLS PIN data last updated at 2025-06-07 03:05:00