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$1,499,000 Just Listed

  • For Sale
  • Active
  • Lots/Land
  • 0.13 Acres
  • Updated 2 hours ago
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Melrose Redevelopment Potential! Just steps away to downtown! Zoning states a Special Permit is needed to tear down and rebuild a mixed use building. (Variance not required unless developer chooses that path) A zoning analysis and parking layout shows you can fit 10-12 parking spots. Current FAR (2.0) allows up to 11,500sf building. Zoning also states a possibly bigger building (FAR 3.5/up to 20,000sf) and reduced/substitute parking with 1 &/or 2 additional Special Permits. See Melrose zoning codes 235-8.2 "Density Incentives Allowed in BA-1 and BA-2 Districts". Currently a 3 family. Bus and commuter rail stops are both within a few minutes walk. Routes 1, 93 and the Subway are all about a 5 min drive. Agent/Seller makes no representations. All due diligence is the buyer's responsibility.

Full Property Details for 71-73 Grove St

General

  • Price: $1,499,000
  • Taxes: $6,571 (2025)
  • Status: Active
  • Type: Lots/Land
  • MLS ID: 73479049
  • Updated: Today (2/20/2026)
  • Added to Site: Today

Location

  • County: Middlesex

Lot Features

  • Lot Size (Acres): 0.13

Financial Considerations

  • Tax Amount: $6,571
  • Tax Year: 2025

Disclosures and Reports

  • Disclosures/Rstr.: Buyer to Verify all information.
  • Property ID: 653827

Listed by Thread Real Estate, LLC, Neal Ryan

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Listing agent

— 71-73 Grove St —

  • Neal Ryan

    Thread Real Estate, LLC

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with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 71-73 Grove St

School District:Melrose School District
NameGradesDistance
Lincoln Elementary School, Melrose, MA
80 West Wyoming Avenue, Melrose, MA 02176
K-50.3 mi
Hoover Elementary School
37 Glendower Road, Melrose, MA 02176
K-50.8 mi
Winthrop Elementary School
162 1st Street, Melrose, MA 02176
K-50.8 mi
Melrose Middle School
350 Lynn Fells Parkway, Melrose, MA 02176
6-80.7 mi
Melrose High School
360 Lynn Fells Parkway, Melrose, MA 02176
9-120.8 mi
Roosevelt Elementary School
253 Vinton Street, Melrose, MA 02176
K-50.9 mi
Early Childhood Center, Melrose, MA
16 Franklin Street, Melrose, MA 02176
PK-1 mi
Horace Mann Elementary School, Melrose, MA
40 Damon Avenue, Melrose, MA 02176
K-51.2 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 71-73 Grove St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/20/2026
Listed
$1,499,000
212.29%
MLS
8/16/2017
Sold
$480,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 71-73 Grove St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,571
6%
$663,700
7%
2024
$6,172
—
$621,600
5%
2023
$6,173
2%
$592,400
4%
2022
$6,031
1%
$570,600
4%
2021
$5,992
4%
$547,200
5%
2020
$5,738
9%
$519,300
7%
2019
$5,262
—
$486,800
5%
2018
$5,245
3%
$462,900
7%
2017
$5,083
10%
$430,800
15%
2016
$4,609
-2%
$373,800
3%
2015
$4,708
8%
$363,300
11%
2014
$4,357
2%
$328,100
—
2013
$4,275
—
$328,100
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 71-73 Grove St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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with our affiliated lender
NMLS#: 1598647

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Listed by Thread Real Estate, LLC, Neal Ryan

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71-73 Grove St, Melrose, MA 02176 (MLS# 73479049) is a Lots/Land property with a lot size of 0.13 acres. 71-73 Grove St is currently listed for $1,499,000 and was received on February 20, 2026. Want to learn more about 71-73 Grove St? Do you have questions about finding other Lots/Land real estate for sale in Melrose? You can browse all Melrose real estate or contact a Coldwell Banker agent to request more information.

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