Rare 2-family opportunity in desirable Melrose. A true Needle in a Haystack. Located directly across from scenic Melrose Common! Each spacious unit offers 5 rooms, including 2 bedrooms, 1 full bath, and an updated kitchen. This home has always been well-maintained by the current owners and features 6 off-street parking spots—4 in back, 2 in front—and a large barn in the rear, perfect for extra storage. Ideal for owner-occupants or investors, the property is near public transportation (bus routes) and just minutes from Melrose’s vibrant downtown with shops, restaurants, and more. Separate utilities, separate laundry hook-ups in basement. Enjoy the convenience of city living with the charm of a suburban neighborhood setting. Don’t miss out!

Property Details

Price:
$999,900
MLS #:
73374789
Status:
Active
Beds:
4
Baths:
2
Address:
99 Laurel St
Type:
Multi Family
Subtype:
2 Family – 2 Units Up/Down
City:
Melrose
Listed Date:
May 14, 2025
State:
MA
Finished Sq Ft:
2,264
Total Sq Ft:
2,264
ZIP:
02176
Lot Size:
8,651 sqft / 0.20 acres (approx)
Year Built:
1890
Units:
2

Schools

Elementary School:
Melrose
Middle School:
Mvmms
High School:
Melrose High

Interior

Appliances
Range, Dishwasher, Disposal, Refrigerator
Bathrooms
2 Full Bathrooms
Cooling
Ductless
Fireplaces Total
1
Flooring
Wood, Tile, Carpet
Heating
Baseboard, Natural Gas
Laundry Features
Gas Dryer Hookup, Washer Hookup

Exterior

Community Features
Public Transportation, Shopping, Park, Golf, Medical Facility, Highway Access, House of Worship, Public School, T- Station
Construction Materials
Frame
Exterior Features
Rain Gutters
Other Structures
Barn/ Stable
Parking Features
Paved Drive, Off Street
Parking Spots
5
Roof
Shingle

Financial

Net Operating Income
$34,200
Tax Year
2025
Taxes
$8,863

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CRP: Certified Relocation Professional
CRS: Certified Residential Specialist
GRI: Graduate of Realtors Institute
CBR: Certified Buyers Representative
BSBA: Bachelor of Science in Business Administration. Babson College 1979
MBA: Master of Business Administration. Babson College 2002

James M. Joly is President and Principal-Owner of Boardwalk Real Estate Corp.,…

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99 Laurel St
Melrose, MA