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56 Franklin Street, Melrose
$1,189,000
5 Beds ⋅ 4 Baths ⋅ NEW Status ⋅ 73599976 MLS ⋅ 2,680 SqFt.
*A Rare Opportunity Offering Exceptional Flexibility, Character & Income Potential!**This charming townhouse blends timeless period character with thoughtful modern updates, while offering the added benefit of a **brand-new, attached, two-level, HERS-rated 900 sq. ft. Accessory Dwelling Unit (ADU)**—an incredible opportunity for multi-generational living, extended family, guests, or potential rental income.The main townhouse is filled with character and period charm, boasting high ceilings, beautiful hardwood floors, and generously proportioned rooms. The flexible layout features an inviting living room and open dining area, along with an eat-in kitchen offering abundant cabinetry, granite countertops, and stainless steel appliances. A first-floor primary bedroom with a spacious walk-in closet/office & a full bath complete the main level. Upstairs, you'll find two additional generously sized bedrooms and a beautifully updated full bath featuring a walk-in shower, tile flooring, and convenient second-floor laundry. A storage shed, side yard, side porch & 2 car parking are also included. The **brand-new, two-level ADU** is an exceptional addition, thoughtfully designed with approximately 900 sq. ft. of living space & is HERS rated & all electric central Heat & AC. This impressive second living space has it's own entrance from the back driveway on the 2nd level and is all new, featruing an open-concept kitchen & livingroom with a center island, granite, stainless steel appliances, 2bdrms & a full bath. The ADU also has its own deck and exclusive yard area & 2-car parking. Additional highlights for both include basement storage, new roofs, central A/C, new & newly refinished hardwood floors, fresh interior and exterior paint. Ideally located within walking distance to the Oak Grove bus, Highlands Commuter Rail, Whole Foods, restaurants, and Melrose High and Middle Schools, with easy access to the Fells Reservation, Route 1, and Route 93.**A truly unique offering combining the charm of a classic Melrose home with the versatility of a brand-new, energy-efficient ADU. Enjoy the flexibility, convenience, and lifestyle this exceptional property provides, all in a welcoming community just 7 miles from Boston!**

56 Franklin Street, Melrose
24-26 Tappan Street, Melrose
$949,900
4 Beds ⋅ 3 Baths ⋅ BACK ON MARKET Status ⋅ 73590022 MLS ⋅ 2,181 SqFt.
Welcome to 24–26 Tappan Street, a beautifully maintained two-family home offering classic charm, exceptional curb appeal and a wonderful opportunity in desirable Melrose. The spacious owner’s unit offers two levels of living with three bedrooms, one and a half baths, a bright and inviting living room, formal dining room with hardwood floors and a well-appointed kitchen featuring white cabinetry, granite countertops and stainless steel appliances. Filled with natural light and thoughtfully maintained throughout, this unit offers the space and comfort of single-family living with the added benefit of rental income. The first-floor unit features one bedroom and one full bathroom and has been freshly painted, offering an opportunity for future updates. Outside, enjoy attractive landscaping, beautiful deck, a generous driveway and detached garage. Perfect for owner-occupants looking to offset their mortgage, multigenerational living or investors seeking a well-maintained two-family property in Melrose. Showings by appointment only.

24-26 Tappan Street, Melrose
40 Hurd St, Melrose
$1,250,000
9 Beds ⋅ 4 Baths ⋅ ACTIVE Status ⋅ 73583975 MLS ⋅ 3,519 SqFt.
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

40 Hurd St, Melrose
143 Myrtle Street, Melrose
$879,900
4 Beds ⋅ 2 Baths ⋅ ACTIVE Status ⋅ 73581327 MLS ⋅ 1,811 SqFt.
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.

143 Myrtle Street, Melrose
131 Altamont Ave, Melrose
$899,000
6 Beds ⋅ 2 Baths ⋅ UNDER AGREEMENT Status ⋅ 73579211 MLS ⋅ 2,864 SqFt.
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.

131 Altamont Ave, Melrose
22 E Emerson St, Melrose
$1,179,000
7 Beds ⋅ 3 Baths ⋅ ACTIVE Status ⋅ 73574982 MLS ⋅ 3,530 SqFt.
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.

22 E Emerson St, Melrose
28-30 Crescent Ave, Melrose
$849,000
6 Beds ⋅ 2 Baths ⋅ ACTIVE Status ⋅ 73567250 MLS ⋅ 2,472 SqFt.
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!

28-30 Crescent Ave, Melrose
174 Green St, Melrose
$1,350,000
3 Baths ⋅ UNDER AGREEMENT Status ⋅ 73556751 MLS ⋅ 7,000 SqFt.
Rare opportunity in Melrose offering flexibility for investors, developers and owner-users alike. 174 Green Street features a substantial existing building of approximately 7,000 sq. ft. on a prominent BA1-zoned parcel, creating multiple possibilities for both immediate use and future redevelopment. The existing building offers significant usable space and three-phase power, while the site's zoning and location may provide compelling potential for a mixed-use residential and commercial concept. Conveniently positioned near downtown Melrose, the Melrose Highlands Commuter Rail and access to Oak Grove and Boston, the property combines visibility, accessibility and long-term upside in one of Greater Boston's most desirable communities. An increasingly rare opportunity to acquire a sizable, versatile property in Melrose at a newly improved price. Buyers and buyers' agents to perform their own due diligence regarding zoning, permitting and intended use.

174 Green St, Melrose
9 Elm St, Melrose
$975,000
6 Beds ⋅ 2 Baths ⋅ UNDER AGREEMENT Status ⋅ 73539478 MLS ⋅ 2,630 SqFt.
is pleased to present this two-family investment property located at 9 Elm Street in Melrose, MA. The three-story building contains two (2) 3-Bedroom/1-Bathroom units with 2,630 square feet of gross living area in 5,544 square feet of gross area. Both units offer in-unit laundry and porches. Additional value-add opportunities can be leveraged for an investor or savvy owner-occupant. The Property is situated upon a 0.134-acre corner parcel and features two (2) off-street parking spaces. 9 Elm Street is well-positioned in downtown Melrose, offering strong access to the city's central business district, neighborhood retail corridors, and surrounding residential neighborhoods.

9 Elm St, Melrose

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