131 Altamont Ave
$999,000
6
Beds
2
Baths
2,864
Sqft
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$999,000
6
Beds
2
Baths
2,864
Living Area
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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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Highlights
- Cooling: Window Unit(s)
- Levels: 2
- Property Class: Residential Income
- Stories: 2
- Year Built: 1884
- Heating: Forced Air, Electric, Oil
- Parking Spots: 4
- Property Type: 2 Family - 2 Units Up/Down
- Total Rooms: 11
- Status: Active
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Additional Details
- Appliances: Range, Refrigerator
- Construction: Frame
- Foundation: Stone
- Lot Features: Level
- Roof: Asphalt/Composition Shingles
- Total Number of Units: 2
- Year Built Source: Public Records
- Basement: Full, Unfinished
- Flooring: Wood, Carpet, Hardwood
- Interior Features: Bathroom With Tub & Shower, Living Room, Dining Room, Kitchen, Laundry Room
- Road Frontage Type: Public
- SqFt Source: Public Record
- Year Built Details: Renovated Since
- Zoning: Srb
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Amenities
- Community Features: Shopping, Highway Access, Public School
- Parking Features: Paved Drive, Off Street, Deeded, Paved
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Utilities
- Sewer: Public Sewer
- Water Source: Public
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Fees / Taxes
- Assessed Value: $915,600
- Taxes: $10,502
- Tax Year: 2026
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Content © 2026 MLS Property Information Network, Inc. The information in this listing was gathered from third party resources including the seller and public records.
Listing information provided courtesy of Leading Edge Real Estate.
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