Active
1 Days on market
22 E Emerson St Melrose — Photo 1 of 30

22 E Emerson St Melrose — Photo 1 of 30

$1,199,000

22 E Emerson St, Melrose, MA 02176

Melrose, MA 02176

Beds

7

Baths

3

SqFt

3,530

Style

2 Family - 2 Units Up/Down

Built

1929

Exceptional corner two-family in Melrose’s most desirable East Side! Just a short walk to downtown and commuter rail; minutes from major routes, and steps from Melrose-Wakefield Hospital. This well-maintained home features 3 levels of living space with many recent upgrades and hardwood floor throughout both units. The first-floor unit features a 5-room layout with 2 bedrooms and has been fully renovated including new windows. The second and third floor unit offers a spacious 9 rooms, 5 bedrooms, a living room, dining room, 2 full baths, and new modern kitchen, new paint and new bathroom vanity in second floor. Additional highlights include partially finished basement with newly updated floor, front and rear porches, in unit laundry, and 5 off-street parkings. The property is currently vacant and was previously rented for $5,900/month, with potential for higher rental income. A particularly attractive feature is the valuable BD/Medical/Hospital zoning, offering additional possibilities for qualified buyers. Fantastic opportunity for investors, medical professionals, and owner-occupants. Buyer and buyer’s agent to do their own due diligence.

Open Houses

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$340/sqft
Local Avg (Melrose)$454/sqft
25% BelowMarket Average

* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Melrose, MA.

Property Details

Financials

Original Price$1,199,000
Annual Taxes$8,058

Parking

Garage0
Off-Street5

Interior Specifications

Total Rooms14
FireplacesNone
FlooringWood, Tile, Hardwood, Stone/Ceramic Tile
BasementFull, Partially Finished, Walk-Out Access

Climate & Utilities

HeatingSteam, Natural Gas
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionStone
RoofShingle
FoundationConcrete Perimeter
ZoningBD

Property & Lot

Acres0.11
SqFt Lot4,927
Lot FeaturesCorner Lot

Amenities & Appliances

Range • Dishwasher • Refrigerator • Washer • Dryer

Neighborhood

Public Transportation • Shopping • Tennis Court(s) • Park • Golf • Medical Facility

Geography

Property History

Listed
$1,199,000

Sep 10, 2026

MLS® 73574982

Terminated
$1,199,000

Apr 3, 2026

MLS® 73485840

Listed
$1,199,000

Mar 12, 2026

MLS® 73485840

Population

29,650

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$134K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

32.8%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Middlesex County

2,667 housing units permitted in the last 12 months (-2% vs the prior 12 months) — 1,709 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jun '26)

Listing Provided By

Listing Agent: Zhiqiang Zhang

Listing Office: Fairview Partners International LLC

MLS® Number: 73574982

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