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Home Massachusetts Multi-Family Homes for Sale

131 Altamont Ave Melrose, MA 02176
Open House: Sat 9/19 11:00 AM
32
$999,000
Total Beds: 6 Total Baths: 2
Total Units: 2 SQFT: 2864
LOT size: 0.27 Acres
131 Altamont Ave
Melrose, MA 02176
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Property Description

Two-family home at 131 Altamont Ave in Melrose, Massachusetts, offering 6 bedrooms, 2 bathrooms, and 2,800+ square feet across two units with great bones and strong renovation potential. Each unit features its own separate systems, hardwood flooring throughout most of the home, and high ceilings that add volume and light to both living spaces. Every unit also includes its own private deck, providing separate outdoor space for both households. Two separate driveways offer off-street parking for up to two cars per unit — a valuable feature in Melrose. The home needs updating throughout, making it well-suited for an owner-occupant or investor looking to build equity through renovation. Located on a street surrounded by luxury single-family homes in one of Melrose's most desirable neighborhoods, this 2,800+ square-foot two-family sits in a thriving Massachusetts market with strong long-term upside. A rare opportunity to reimagine 6 bedrooms and 2 baths across two units in a premier Melrose location.
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Property Details

Building Information

  • Total Units: 2
  • Total Floors: 2
  • Total Bedrooms: 6
  • Total Full Baths: 2
  • Amenities: Highway Access, Public School, Shopping
  • Basement Features: Full, Unfinished Basement
  • Common Rooms: Dining Room, Kitchen, Living Room
  • Common Interior Features: Bathroom With Tub & Shower
  • Common Appliances: Range, Refrigerator, Washer & Dryer Hookup
  • Common Heating: Electric, Electric Baseboard, Forced Air, Forced Air, Oil, Oil, Radiant, Space Heater

Financial

  • APOD Available: No

Utilities

  • Heat Zones: 4
  • Utility Connections: for Electric Oven, for Electric Range
  • Water: City/Town Water, Private
  • Sewer: City/Town Sewer, Private

Unit 1 Description

  • Under Lease: No
  • Floors: 1
  • Levels: 1

Unit 2 Description

  • Under Lease: No
  • Floors: 2
  • Levels: 1

Construction

  • Year Built: 1884
  • Type: 2 Family - 2 Units Up/Down
  • Construction Type: Aluminum, Frame
  • Foundation Info: Fieldstone
  • Roof Material: Asphalt/Composition Shingles
  • Flooring Type: Hardwood, Wall to Wall Carpet, Wood
  • Lead Paint: Unknown
  • Year Round: Yes
  • Warranty: No

Other Information

  • MLS ID# 73579211
  • Last Updated: 09/18/26

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Map

Seller's Representative: The Bill Butler Group, Leading Edge Real Estate
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 2026-09-18 11:45:00

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