MLS #73485840 image #0
Open House Mar 14, 2026
11:00 – 12:30
Open House Mar 15, 2026
11:00 – 12:30
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 with valuable BD/medical/hospital zoning. 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-room layout with 5 bedrooms, living room, dining room, 2 full baths, and renovated modern kitchen. Additional highlights include partially finished basement, front and rear porches, in unit laundry, and 5 off-street parkings. Currently leased for $5900/month, potentially can increase much more if all rooms are rented. Fantastic opportunity for investors, medical professionals, or owner-occupants. Property sold as-is. Buyer and buyer’s agent to do their own due diligence.
Current real estate data for Multi Family in Melrose as of Mar 14, 2026
4
Multi Family Listed
147
Avg DOM
436
Avg $ / SqFt
$4,237,250
Avg List Price

Property Details

Price:
$1,199,000
MLS #:
73485840
Status:
Active
Beds:
7
Baths:
3
Type:
Multi Family
Subtype:
2 Family – 2 Units Up/Down
Listed Date:
Mar 12, 2026
Finished Sq Ft:
3,530
Total Sq Ft:
3,530
Lot Size:
4,927 sqft / 0.11 acres (approx)
Year Built:
1929
Units:
2
Tennis

Schools

Interior

Appliances
Range, Dishwasher, Refrigerator, Washer, Dryer
Bathrooms
3 Full Bathrooms
Cooling
Window Unit(s)
Flooring
Wood, Tile, Hardwood, Stone/Ceramic Tile
Heating
Steam, Natural Gas

Exterior

Community Features
Public Transportation, Shopping, Tennis Court(s), Park, Golf, Medical Facility, Conservation Area, Highway Access, Public School, T-Station
Construction Materials
Stone
Exterior Features
Balcony/Deck, Balcony
Parking Features
Off Street
Parking Spots
5
Roof
Shingle

Financial

Net Operating Income
$70,800
Tax Year
2025
Taxes
$8,058

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Property Summary

    22 E Emerson St Melrose MA is a Multi Family for sale in Melrose, MA, 02176. It is listed for $1,199,000 To schedule a showing of MLS#73485840 at 22 E Emerson St in Melrose, MA, contact your Boardwalk Real Estate Corp. agent at 781-944-7820.

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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.,…

More About James
22 E Emerson St
Melrose, MA