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$1,090,000
Total Beds: 5 Total Baths: 3
Total Units: 2 SQFT: 2390
LOT size: 0.17 Acres
50-52 Albion St
Melrose, MA 02176
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Property Description

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!

Property Details

Building Information

  • Total Units: 2
  • Total Floors: 4
  • Total Bedrooms: 5
  • Total Full Baths: 2
  • Total Half Baths: 1
  • Amenities: Conservation Area, Highway Access, Medical Facility, Park, Public School, Public Transportation, Shopping, T-Station, Tennis Court, Walk/Jog Trails
  • Basement Features: Full
  • Common Rooms: Dining Room, Kitchen, Living Room, Sunroom
  • Common Interior Features: Crown Molding, Pantry, Storage, Tile Floor, Walk-Up Attic
  • Common Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer
  • Common Heating: Electric Baseboard, Oil, Radiant

Financial

  • APOD Available: No
  • Gross Operating Income: 28500
  • Net Operating Income: 28500

Utilities

  • Heat Zones: 2
  • Electric Info: 200 Amps
  • Utility Connections: for Gas Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

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: 2

Construction

  • Year Built: 1929
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Aluminum, Asphalt/Fiberglass Shingles
  • Flooring Type: Hardwood, Tile
  • Lead Paint: Unknown
  • Warranty: No

Other Information

  • MLS ID# 73424036
  • Last Updated: 09/06/25

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Map

Seller's Representative: Leeman & Gately, Compass
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
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 2025-09-06 03:05:00