Property Description

Prime East Side two-family in Melrose offering exceptional flexibility for owner-occupants, investors, or multigenerational living. Both sun-filled units feature spacious layouts with generous living and dining areas, well-appointed kitchens, comfortable bedrooms and abundant storage. Thoughtfully designed floor plans provide comfortable everyday living with the space, flexibility, and long-term appeal that make two-family properties so desirable. Additional features include basement storage, coin-operated laundry, off-street parking, and a private patio area ideal for dining, entertaining, or gardening. Ideally located just moments from downtown Melrose, commuter rail service, local shops, restaurants, parks, and major commuting routes. Rare opportunity to own a versatile two-family in one of Melrose's most sought-after neighborhoods, convenient to Boston and all that downtown Melrose has to offer.

Property Details tap to expand

Building Information

  • Total Units: 2
  • Total Floors: 2
  • Total Bedrooms: 4
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Total Fireplaces: 2
  • Amenities: Bike Path, Conservation Area, Golf Course, Highway Access, House of Worship, Medical Facility, Park, Private School, Public School, Public Transportation, Shopping, Swimming Pool, T-Station, Tennis Court, Walk/Jog Trails
  • Basement Features: Full, Unfinished Basement
  • Common Rooms: Dining Room, Kitchen, Living Room, Office/Den, Sunroom
  • Common Interior Features: Bathroom With Tub & Shower, Ceiling Fans, Stone/Granite/Solid Counters, Tile Floor
  • Common Appliances: Dishwasher, Disposal, Microwave, Range, Refrigerator, Washer Hookup
  • Common Heating: Extra Flue, Forced Air, Gas, Heat Pump, Oil
  • Common Cooling: None

Financial

  • APOD Available: Yes
  • Expenses Source: Owner Provided
  • Gross Operating Income: 72000
  • Gross Expenses: 7450
  • Electric Expenses: 250
  • Water/Sewer: 2200
  • INSC: 3000
  • Miscellaneous Expense: 2000
  • Net Operating Income: 64550

Utilities

  • Electric Info: Circuit Breakers, Underground
  • Utility Connections: Washer Hookup, for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1910
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Tile, Wood
  • Lead Paint: Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73533244
  • Last Updated: 06/10/26

Property History tap to expand

Date Event Price Price/Sq Ft Source
06/10/2026New$999,000$396MLSPIN

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Seller's Representative: The Mary Scimemi Team, Leading Edge Real Estate
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2026-06-10 10:03:00

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