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Fantastic 2-Family in the Heart of Melrose! Located on a beautiful side street just steps from the commuter rail, coffee shops, restaurants, and Whole Foods, this property offers unmatched walkability and endless possibilities. Perfect for investment or multi-generational living, this well-maintained home is a must-see.The first-floor unit features 2 bedrooms, 1.5 baths, a spacious living room, dining room, kitchen with pantry, and a bright sunporch.The second-floor unit offers 3 bedrooms, 1 bath, a large living room, dining room, kitchen with pantry, and a charming sunroom. A walk-up attic provides incredible potential for expansion or extra storage.Both units include basement storage with laundry, private decks, and access to a shared yard with ample parking. The seller has meticulously maintained this property, making it a rare find in an unbeatable location. Don’t miss this one!
Current real estate data for Multi Family in Melrose as of Oct 07, 2025
6
Multi Family Listed
67
Avg DOM
382
Avg $ / SqFt
$3,168,833
Avg List Price

Property Details

Price:
$1,090,000
MLS #:
73424036
Status:
Pending
Beds:
5
Baths:
2.5
Type:
Multi Family
Listed Date:
Sep 2, 2025
Finished Sq Ft:
2,390
Total Sq Ft:
2,390
Lot Size:
7,240 sqft / 0.17 acres (approx)
Year Built:
1929
Units:
2
TennisScMelroseMelrose

Schools

Elementary School:
Sc
Middle School:
Melrose
High School:
Melrose

Interior

Appliances
Range, Dishwasher, Refrigerator, Washer, Dryer
Bathrooms
2 Full Bathrooms, 1 Half Bathroom
Flooring
Tile, Hardwood
Heating
Oil

Exterior

Community Features
Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Conservation Area, Highway Access, Public School, T-Station
Construction Materials
Frame
Exterior Features
Rain Gutters
Parking Features
Paved Drive, Off Street
Parking Spots
4
Roof
Shingle

Financial

Net Operating Income
$28,500
Tax Year
2025
Taxes
$9,423

Map

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Community

Property Summary

    50-52 Albion St Melrose MA is a Multi Family for sale in Melrose, MA, 02176. It is listed for $1,090,000 To schedule a showing of MLS#73424036 at 50-52 Albion 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
50-52 Albion St
Melrose, MA