Giant 4 Unit in the heart of Melrose! Well-maintained property offering strong income potential and flexible living arrangements. This spacious multi-unit building features 9 bedrooms and 4 full baths across approximately 3,519 sq ft of living space. Units offer functional layouts with bright living areas, updated kitchens, hardwood/vinyl flooring, and separately metered utilities. Additional highlights include off-street parking, shared laundry, and a full basement for storage. Conveniently located near downtown Melrose shops, restaurants, parks, schools, and public transportation, including the Wyoming Hill commuter rail station for easy access to Boston. Excellent opportunity to expand your investment portfolio or offset your mortgage with rental income in one of Melrose’s most desirable neighborhoods
Positioned just moments from downtown Melrose, this well-maintained two-family offers a rare opportunity to own in one of the city's most sought-after and convenient locations. From coffee shops and restaurants to local boutiques, the library, parks, commuter rail, and seasonal farmers market, everything that makes Melrose such a desirable place to live is right outside your door. With a NEW ROOF and the first-floor unit now VACANT, the property offers added flexibility for an owner-occupant or investor. Both units feature updated kitchens with stone countertops, generous living spaces, and wood floors throughout much of each unit. The second-floor unit is currently occupied by a tenant-at-will. A shared outdoor patio creates additional space to relax or gather, while four off-street parking spaces provide a valuable convenience rarely found this close to downtown. Whether you're looking to move right in while generating rental income or add to your investment portfolio, this property combines location, flexibility, and opportunity in the heart of Melrose.
Two-family home at 131 Altamont Ave in Melrose, Massachusetts, offering 6 bedrooms, 2 bathrooms, and 2,800+ square feet across two units with great bones and strong renovation potential. Each unit features its own separate systems, hardwood flooring throughout most of the home, and high ceilings that add volume and light to both living spaces. Every unit also includes its own private deck, providing separate outdoor space for both households. Two separate driveways offer off-street parking for up to two cars per unit — a valuable feature in Melrose. The home needs updating throughout, making it well-suited for an owner-occupant or investor looking to build equity through renovation. Located on a street surrounded by luxury single-family homes in one of Melrose's most desirable neighborhoods, this 2,800+ square-foot two-family sits in a thriving Massachusetts market with strong long-term upside. A rare opportunity to reimagine 6 bedrooms and 2 baths across two units in a premier Melrose location.
Exceptional corner two-family in Melrose’s most desirable East Side! Just a short walk to downtown and commuter rail; minutes from major routes, and steps from Melrose-Wakefield Hospital. This well-maintained home features 3 levels of living space with many recent upgrades and hardwood floor throughout both units. The first-floor unit features a 5-room layout with 2 bedrooms and has been fully renovated including new windows. The second and third floor unit offers a spacious 9 rooms, 5 bedrooms, a living room, dining room, 2 full baths, and new modern kitchen, new paint and new bathroom vanity in second floor. Additional highlights include partially finished basement with newly updated floor, front and rear porches, in unit laundry, and 5 off-street parkings. The property is currently vacant and was previously rented for $5,900/month, with potential for higher rental income. A particularly attractive feature is the valuable BD/Medical/Hospital zoning, offering additional possibilities for qualified buyers. Fantastic opportunity for investors, medical professionals, and owner-occupants. Buyer and buyer’s agent to do their own due diligence.
Welcome to 17 Linden Road, an expansive 2-family home ideally located in Melrose's desirable Downtown-Horace Mann neighborhood. Situated on a one-way street, this well-cared-for property offers incredible flexibility, with the potential to accommodate up to 7 bedrooms across 2 spacious units. Unit 1 offers a comfortable layout with 3 bedrooms, hardwood floors, a stainless steel applianced kitchen with ample counter space, a flexible eat-in area, and the option for a separate formal dining room. Unit 2 spans two floors in a desirable townhouse-style layout and features a modern granite kitchen, tile flooring, ample cabinet storage, and the potential for 4 well-proportioned bedrooms w/ generous closet space. The top floor offers a spacious bedroom and full bathroom, creating a private retreat within the unit. With its flexible floor plan, the property is well suited for investors, multigenerational living, or an owner occupant looking to live in one unit while renting the other. Additional highlights include a fenced-in yard, hardwood floors, charming period details, and thoughtful updates throughout. Enjoy all that Melrose has to offer with an exceptional neighborhood amenity score of 83, endless shops and restaurants.Excellent commuter location between the Cedar Park and Wyoming Hill commuter rail stops, with easy access to Route 1 and I-93. All this within the highly desirable Melrose school district.
Welcome to this charming two-family home in Melrose, MA! The first-floor unit features a spacious kitchen, comfortable living room, and well-appointed bedrooms. The second-floor unit offers a kitchen, inviting living/dining area, and generously sized bedrooms. With a total of 4 bedrooms and 2 bathrooms, this property offers a versatile layout ideal for owner-occupants, extended family, or investment opportunities. Additional highlights include a long driveway with ample parking for 6 vehicles and a spacious backyard, perfect for enjoying the outdoors. Conveniently located in Melrose, this property is a wonderful opportunity to own a multi-family home in a desirable community. Schedule your showing today!
Melrose is located in Massachusetts. Melrose, Massachusetts has a population of 29,567. Melrose is more family-centric than the surrounding county with 40.72% of the households containing married families with children. The county average for households married with children is 35.9%.
The median household income in Melrose, Massachusetts is $125,229. The median household income for the surrounding county is $111,790 compared to the national median of $69,021. The median age of people living in Melrose is 42.1 years.
The average high temperature in July is 81.3 degrees, with an average low temperature in January of 18.8 degrees. The average rainfall is approximately 48 inches per year, with 47.6 inches of snow per year.
