aisellshomes.space

$999,000

New

131 Altamont Ave

Melrose, MA, 02176

Multi-Family · MLS #73579211

Price/sqft

$349

Days on market

1 day

Year built

1884

Lot size

0.27 ac

2 full

Baths

2,864 sq ft

Sq Ft

0.27 acres

Lot

1884

Year Built

Taxes: $10,502 (2026)

About this home

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.

Location

131 Altamont Ave, Melrose, MA, 02176

Property details

Road type
Public
Basement
Full, Unfinished Basement

Listed by The Bill Butler Group · Leading Edge Real Estate

Schedule a showing

131 Altamont Ave

By submitting you agree to be contacted by Antonio Illas.

Estimated payment

$6,582 / month

Down payment20% · $199,800
Interest rate6.95%

Loan term

Principal & interest
$5,290
Property tax
$875
Home insurance
$416

Estimate only. Actual payment may vary based on credit, taxes, HOA, and insurance. Tax estimate uses listed taxes.

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