Property Details
Basic Information
- Property SubType: 2 Family - 2 Units Up/Down
- MLS Number: 73579211
- Mls Status: New
- List Price: $999,000
- Date Listed: 09/17/2026
- Units: 2
- Description: 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.
Building
- Acreage: 0.27
- Square Feet: 2,864
- Year Built: 1884
- Zoning: SRB
- Stories: 2
- Rooms: 11
- Roof: Asphalt/Composition Shingles
- Foundation: Stone
Location
- County: Middlesex
- Town: Melrose
Finance
- Taxes: $10,502
Interior Features
Bedrooms
- Bedrooms: 6
Bathrooms
- Bathrooms: 2
- Full Baths: 2
Basement
- Basement: Full, Unfinished
Interior Features
- Interior Features: Bathroom With Tub & Shower, Living Room, Dining Room, Kitchen, Laundry Room
Utilities and Appliances
Utilities and Appliances
- Utilities: For Electric Range, For Electric Oven
- Appliances: Range, Refrigerator
- Appliances Included: Range, Refrigerator
Community
Schools
- Elementary School: Apply
- High School: Melrose
Amenities
- Amenities: Shopping, Highway Access, Public School
- Other Amenities: Basement