22 E Emerson St, Melrose MA 02176
Melrose, MA 02176
$1,199,000
Est. $6,934/month
Estimate assumptions
20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.
Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.
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Open House Schedule
13
Sep
Sunday, September 13
12:00 PM - 2:00 PM EDT
12
Sep
Saturday, September 12
12:00 PM - 2:00 PM EDT
About this home
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.
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Recently Sold Nearby
Property History
Property Timeline
Listed for Sale
Sep 10, 2026
$1,199,000
Original listing
Agent: Zhiqiang Zhang
Office: Fairview Partners International LLC
| Date | Event | Price | Change | $/sqft | Details |
|---|---|---|---|---|---|
| 09/10/2026 | 🏠 Listed for Sale | $1,199,000 | - | - | Original listing |
Tax History
| Year | Taxes | Assessment |
|---|---|---|
| 2025 | $8,058 | $813,900 |
Financial Details
Annual Property Tax
$8,058
Tax Year 2025
Assessed Value
$813,900
Facts & Features
Home Facts
Type
Residential Income
Style
2 Family - 2 Units Up/Down
Year Built
1929
Living Area
3,530 sq ft
Lot Size
0.11 acres
Stories
3
Bedrooms
7
Full Baths
3
Total Rooms
14
Investment Metrics
Units
2
Unit 1 Rent
$2,500/mo · Y
Unit 2 Rent
$3,400/mo · Y
Total Monthly Rent
$5,900/mo
Gross Income
$70,800
Net Operating Income
$70,800
Cap Rate
5.90%
Interior
Heating
Steam, Natural Gas
Cooling
Window Unit(s)
Flooring
Wood, Tile, Hardwood, Stone/ceramic Tile
Appliances
Range, Dishwasher, Refrigerator, Washer, Dryer
Fireplace
None
Basement
Full, Partially Finished, Walk-out Access
Laundry
None
Features
Ceiling Fan(s), Pantry, Lead Certification Available, Upgraded Cabinets, Upgraded Countertops, Stone/granite/solid Counters, Walk-in Closet(s), Living Room, Dining Room, Kitchen, Laundry Room
Exterior
Construction
Stone
Architecture
None
Roof
Shingle
Features
Balcony/deck, Balcony
Pool
None
Spa
None
Fencing
None
Patio/Porch
Porch
Parking
Features
Off Street
Total Spaces
5
Utilities
Electric
Circuit Breakers
Water
Public
Sewer
Public Sewer
Gas
None
Other
For Gas Range
Financial
Annual Tax
$8,058
Assessed Value
$813,900
HOA & Community
Fee Includes
None
Amenities
None
Optional Fee Includes
None
MA Disclosures
Lead Paint
Unknown
Seller Disclosures
Some Photos Are For Marketing Only & May Show Without Furnitures
Additional Details
Possession
None
Accepted Financing
None
Structure Type
[]
Sq Ft Source
Other
Sq Ft Disclosures
approximate - Buyer or Buyer agent to do own due diligence on living area SqFt
Documents
None
County
Middlesex
Property Overview
Property Type
2 Family - 2 Units Up/Down
Listing Type
For Sale
Year Built
1929
Bedrooms
7
Full Bathrooms
3
Living Area
3,530 sq ft
Total Rooms
14
Stories
3
Levels
3
Floor Layout
Interactive room guide
Floor Layout
Finished Area
3,030 sq ft above grade
500 sq ft below grade
Display Options
Outdoor Areas
Patio & porchPorch
Room Markers
OOffice (1)
KKitchen (1)
BRBedroom (5)
BABathroom (4)
DDining (1)
LLiving (2)
Conceptual diagram based on MLS room data. It is not to scale and is not a substitute for architectural plans or on-site measurements.
Interior Features
Flooring:
Wood, Tile, Hardwood, Stone/Ceramic Tile
Appliances:
Range, Dishwasher, Refrigerator, Washer, Dryer
Interior Features:
Ceiling Fan(s), Pantry, Lead Certification Available, Upgraded Cabinets, Upgraded Countertops, Stone/Granite/Solid Counters, Walk-In Closet(s), Living Room, Dining Room, Kitchen, Laundry Room
Windows:
Storm Window(s)
Basement:
Full, Partially Finished, Walk-Out Access
Laundry:
Security:
Construction & Materials
Year Built:
1929
Structure Type:
Exterior Materials:
Stone
Roof:
Shingle
Foundation:
Concrete Perimeter
Stories:
3
Heating, Cooling & Utilities
Heating:
Steam, Natural Gas
Cooling:
Window Unit(s)
Hot Water:
Natural Gas
Water Source:
Public
Sewer:
Public Sewer
Energy Features:
Exterior & Lot
Exterior Features:
Balcony/Deck, Balcony
Patio & Porch:
Porch
Fencing:
Other Structures:
Lot Features:
Corner Lot
Road Surface:
Parking & Garage
Total Parking Spaces:
5
Parking Features:
Off Street
Nearby Schools
School District
Melrose School District local
A
School Safety
2024-25
0.6%
Low
0.4%
Suspensions
0.4%
In-School
0.2%
Emergency
4.9% below state avg
Elementary Schools
7 schools
St. Mary Elementary School
0.5 mi
Grades PK-08
Early Childhood Center
0.5 mi
247 students
Diverse
Grades PK-K
A+
Winthrop School
0.5 mi
|
#79 of 825
|
Score: 60.3
Improved 11 spots from last year
+2.1 above state avg
372 students
Less Diverse
Strong Attendance
Grades K-05
A
Roosevelt School
0.7 mi
|
#107 of 825
|
Score: 58.8
Improved 117 spots from last year
+0.6 above state avg
366 students
Moderate
Rising School
Strong Attendance
Grades K-05
A-
Lincoln School
0.7 mi
|
#205 of 825
|
Score: 54.6
Improved 119 spots from last year
-3.6 below state avg
387 students
Diverse
Rising School
Diverse Student Body
Strong Attendance
Grades K-05
A+
Horace Mann School
0.7 mi
|
#74 of 825
|
Score: 60.6
Dropped 68 spots from last year
+2.3 above state avg
258 students
Moderate
Strong Attendance
Grades K-05
A-
Herbert Clark Hoover School
0.9 mi
|
#204 of 825
|
Score: 54.6
Dropped 74 spots from last year
-3.6 below state avg
266 students
Moderate
Strong Attendance
Grades K-05
Middle Schools
1 school
A-
Melrose Middle School
0.5 mi
|
#89 of 352
|
Score: 50.7
Improved 9 spots from last year
-7.5 below state avg
830 students
Moderate
Grades 06-08
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Including down payment
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Monthly Payment Breakdown
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Property Tax
$672
Homeowners Insurance
$200
PMI (if <20% down)
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Loan Summary
Total of 360 payments
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Payment Over Time
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
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Location
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Neighborhood
22 E Emerson St, Melrose MA 02176
Melrose, MA 02176
Listing Information
Listing Agent
Zhiqiang Zhang
Listing Office
Fairview Partners International LLC
Office Phone
978-494-0211
Agent MLS ID
CN209721
Office MLS ID
AN5096
Listing Data Updated
Sep 10, 2026 8:41 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.
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