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.
| Units | 2 |
| Living area | 3,530 sqft |
| Lot size | 4,927 sqft |
| Year built | 1929 |
| Price / sqft | $340 |
| County | Middlesex |
| MLS # | 73574982 |
| Days on market | 0 days |
| Listed on | September 10, 2026 |
| Annual property tax | $8,058 |
| Tax year | 2025 |
| Assessed value | $813,900 |
| Zoning | BD |
| Gross income (actual) | $70,800/yr |
| Net operating income (actual) | $70,800/yr |
| Total actual rent | $5,900/mo |
| Stories | 3 |
| Total rooms | 14 |
| Lot size | 0.11 acres |
| Garage spaces | 0 |
| Parking spaces | 5 |
| Parking | Off Street |
| Basement | Full, Partially Finished, Walk-Out Access |
| Foundation | Concrete Perimeter |
| Roof | Shingle |
| Construction | Stone |
| Flooring | Wood, Tile, Hardwood, Stone/Ceramic Tile |
| Heating | Steam, Natural Gas |
| Cooling | Window Unit(s) |
| Sewer | Public Sewer |
| Water | Public |
| Utilities | for Gas Range |
| Appliances | Range, Dishwasher, Refrigerator, Washer, Dryer |
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Listing courtesy of a MLS PIN member office. Listing data © MLS PIN.
Auto-generated from the listing data — richer AI answers coming with the live site.
It is a 2-unit multi-family property with 3,530 sqft of living area, built in 1929.
22 E Emerson St, Melrose MA 02176 has been listed for 0 days (since September 10, 2026).
At a list price of $1,199,000 across 2 units, that works out to roughly $599,500 per unit.
Annual property taxes are $8,058 (2025), on an assessed value of $813,900.
At $1,199,000 for 3,530 sqft, that's about $340 per square foot.
5 total parking spaces (off street).
22 E Emerson St, Melrose MA 02176 is in Melrose, Middlesex County, MA 02176.

Justin Rollo is a Broker Associate with Signal Real Estate (MA Lic. #9534264) and a lifelong Massachusetts resident. Over 14 years and hundreds of transactions, he has worked investment properties — multi-families and house-hacking — across Greater Boston full-time. Away from real estate, Justin is a proud dad, youth coach and local school-committee member — and a former professional poker player who still loves golf and following local sports.