$1,090,000
OPEN MON 11AM - 1PM

50-52 Albion St Melrose, MA 02176

Melrose Highlands Neighborhood

Estimated payment $6,679/month

Total Views 542
5 Beds
2.5 Baths
2,390 Sq Ft
$456 Price per Sq Ft

Highlights

  • Medical Services
  • Open Floorplan
  • Property is near public transit
  • Roosevelt Elementary School Rated A
  • Deck
  • 2-minute walk to Dunton Park

About This Home

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!

Listing Agent

Leeman & Gately

Compass Listed on: 09/02/2025

Compass

Co-Listing Agent

Jill Leeman

Compass

Open House Schedule

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,423

Year Built

  • Built in 1929

Lot Details

  • 7,240 Sq Ft Lot
  • Near Conservation Area
  • Level Lot

Home Design

  • Stone Foundation
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,390 Sq Ft Home
  • Property has 1 Level
  • Open Floorplan
  • Crown Molding
  • Living Room
  • Dining Room
  • Sun or Florida Room
  • Storage
  • Basement Fills Entire Space Under The House
  • Attic

Kitchen

  • Range
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Dryer
  • Washer

Parking

  • 4 Car Parking Spaces
  • Driveway
  • Open Parking
  • Off-Street Parking

Outdoor Features

  • Deck
  • Rain Gutters
  • Porch

Location

  • Property is near public transit
  • Property is near schools

Schools

  • Sc Elementary School
  • Melrose Middle School
  • Melrose High School

Utilities

  • 2 Heating Zones
  • Heating System Uses Oil
  • 200+ Amp Service

Listing and Financial Details

  • Rent includes unit 1(water), unit 2(water)
  • Assessor Parcel Number M:C11 P:0000049,658711

Community Details

Amenities

  • Medical Services
  • Shops

Recreation

  • Tennis Courts
  • Park
  • Jogging Path

Additional Features

  • 2 Units
  • Net Operating Income $28,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,423

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi Family
  • Year Built: 1929
  • Levels: 4
  • Year Built Details: Approximate
  • APOD AVAILABLE: No
  • Special Features: 4097
  • Stories: 4

Interior Features

  • Flooring: Tile, Hardwood
  • Interior Amenities: Pantry, Crown Molding, Open Floorplan, Remodeled, Walk-Up Attic, Storage, Living Room, Dining Room, Sunroom, Kitchen
  • Fireplace YN: No
  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer
  • Total Bedrooms: 5
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bathrooms: 2.5
  • Basement: Full
  • Above Grade Finished Sq Ft: 2390
  • Living Area: 2390
  • Spa YN: No
  • Stories Total: 4
  • MAIN LO: AN2383
  • LIST PRICE PER Sq Ft: 456.07
  • PRICE PER Sq Ft: 456.07

Exterior Features

  • Exterior Features: Rain Gutters
  • Construction Materials: Frame
  • Foundation Details: Stone
  • Home Warranty YN: No
  • Patio And Porch Features: Porch, Deck, Deck - Roof
  • Road Frontage Type: Public
  • Roof: Shingle
  • Waterfront YN: No

Garage/Parking

  • Garage YN: No
  • Open Parking YN: Yes
  • Parking Features: Paved Drive, Off Street
  • Total Parking Spaces: 4

Utilities

  • Sewer: Public Sewer
  • Utilities: for Gas Range
  • Heating: Oil
  • Electric: 200+ Amp Service
  • Heating YN: Yes
  • Water Source: Public
  • HEAT UNITS: 2
  • HEAT ZONES: 2
  • COOLING ZONES: 0

Condo/Co-op/Association

  • Community Features: Public Transportation, Shopping, Tennis Court(s), Park, Walk/Jog Trails, Medical Facility, Conservation Area, Highway Access, Public School, T-Station
  • Rent Includes: Unit 1(Water), Unit 2(Water)
  • Senior Community YN: No

Lot Info

  • Parcel Number: M:C11 P:0000049,658711
  • Zoning: URB
  • Farm Land Area Units: Square Feet
  • Lot Features: Level
  • Lot Size Acres: 0.17
  • Lot Size Area: 0.17
  • Lot Size Sq Ft: 7240
  • Lot Size Units: Acres
  • PAGE: 581

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 9423
  • Tax Book Number: 78687

Multi Family

  • Gross Income: 28500
  • Net Operating Income: 28500
  • Number Of Units Total: 2
  • Total Actual Rent: 2375
  • LEVELS 1: 1
  • Basement Included Sq Ft: No
  • LEVELS 2: 2
  • LEASE 2: N
  • LEASE 1: Y
  • FLRS 1: 1
  • FLRS 2: 2

MLS Schools

  • High School: Melrose
  • Elementary School: Sc
  • Middle Or Junior School: Melrose

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/02/2025 09/02/25 For Sale $1,090,000 -- $456 / Sq Ft
Source: MLS Property Information Network (MLS PIN)

Similar Homes in Melrose, MA

  • 109 Orris St, Melrose, MA 02176

    $1,099,000

    • 6 Beds
    • 2 Baths
    • 3,318 Sq Ft
    • 109 Orris St
    • Melrose, MA

    Great opportunity to own a move in ready 2 family in the sought after Melrose Highlands neighborhood. Rent out the 1st floor unit which has 2 spacious bedrooms and an open living area. 2nd floor unit is a townhouse style unit with 4 bedrooms. Tons of space throughout. Great kitchen. Each unit has its own front deck. Large deck in back overlooking a nice yard. Off street parking. Seller willing to

    Tyler Scaglione Cameron Real Estate Group

    Section Image
  • 55-57 Tappan St, Melrose, MA 02176

    $949,900

    • 4 Beds
    • 2 Baths
    • 2,342 Sq Ft
    • 55-57 Tappan St
    • Melrose, MA

    This is a standard two family in a solid community with both units mirror each other with one small additional office on the second floor. Great opportunity for two good size condos. First floor unit is liv., din., kit., 2 bedrooms., and a sunroom. Kitchen was upgraded with quartz counters, new cabinets, and SS appliances. Second floor is exactly the same layout with a small additional office.

    Alexander Zedros Harbor View Real Estate Corp.

    Section Image
  • 16-18 Beacon Place, Melrose, MA 02176

    $1,079,000

    • 5 Beds
    • 3 Baths
    • 2,977 Sq Ft
    • 16-18 Beacon Place
    • Melrose, MA

    Don’t miss this rare opportunity to own a side-by-side 2-family home in the heart of Melrose Center! This versatile property offers the perfect blend of comfort, convenience and investment potential. Unit 16 offers 1 bedroom,1 bathroom, loft and in-unit laundry. Recent upgrades include refinished hardwood floors, fresh paint, updated kitchen countertops and cabinetry. Unit 18 features 4 bedrooms

    Patricia Candela Centre Realty Group

    Section Image
See All Homes in Melrose

Source: MLS Property Information Network (MLS PIN)

MLS Number: 73424036

MLS Property Information Network (MLS PIN)
Massachusetts Middlesex County Melrose 02176 Melrose Highlands

50-52 Albion St, Melrose, MA

This home is located at 50-52 Albion St, Melrose, MA 02176 and is currently priced at $1,090,000, approximately $456 per square foot. This property was built in 1929. 50-52 Albion St is a home located in Middlesex County with nearby schools including Roosevelt Elementary School, Horace Mann Elementary School, and Winthrop Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLS Property Information Network (MLS PIN) The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

Nearby Homes
Leeman & Gately
Listing Agent
Leeman & Gately
Section Image
Compass
(339) 229-0086