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$999,900
Total Beds: 4 Total Baths: 2
Total Units: 2 SQFT: 2264
LOT size: 0.20 Acres
99 Laurel St
Melrose, MA 02176
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Property Description

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

Building Information

  • Total Units: 2
  • Total Floors: 3
  • Total Bedrooms: 4
  • Total Full Baths: 2
  • Total Fireplaces: 1
  • Amenities: Golf Course, Highway Access, House of Worship, Medical Facility, Park, Public School, Public Transportation, Shopping, T-Station
  • Basement Features: Full, Unfinished Basement
  • Common Rooms: Dining Room, Kitchen, Living Room
  • Common Interior Features: Bathroom With Tub & Shower, Ceiling Fans, Internet Available - Broadband, Stone/Granite/Solid Counters, Storage, Tile Floor, Upgraded Cabinets
  • Common Appliances: Dishwasher, Disposal, Range, Refrigerator, Washer Hookup
  • Common Heating: Extra Flue, Gas, Gas, Heat Pump, Hot Air Gravity, Hot Water Baseboard

Financial

  • APOD Available: No
  • Gross Operating Income: 34200
  • Net Operating Income: 34200

Utilities

  • Heat Zones: 2
  • Cooling Zones: 1
  • Electric Info: 100 Amps, Other (See Remarks)
  • Energy Features: Insulated Windows
  • Utility Connections: for Gas Dryer, for Gas Range, Washer Hookup
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private
  • Sewer District: MWRA

Unit 1 Description

  • Included in Rent: Water
  • Under Lease: Yes
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Included in Rent: Water
  • Under Lease: No
  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1890
  • Type: 2 Family - 2 Units Up/Down
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Tile, Wall to Wall Carpet, Wood
  • Lead Paint: Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73374789
  • Last Updated: 05/18/25
  • Terms: Other (See Remarks), Special

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Map

Seller's Representative: Mark Hutchinson, Brad Hutchinson Real Estate
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: Net Sale Price
Sub-Agency Relationship Offered: No

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The property listing data and information 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 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 set forth herein.

MLS PIN data last updated at 2025-05-18 04:05:00

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