Home Homes for Sale 48-50 Melrose Street, Arlington MA 02474
$1,250,000
$506/sqft · Arlington, MA
5Beds
2Baths
2,469Sqft
0.11 acresLot Size
48-50 Melrose Street, Arlington MA 02474
Active Listed today
Multi Family Built in 1940 0.11 Acre Lot 4 Parking Spaces

What's Special

Multi FamilyBuilt in 19404 Parking Spaces

Well-maintained two-family home in a desirable East Arlington location offering spacious layouts, beautiful hardwood floors, and excellent commuter convenience. The first-floor unit features hardwood floors throughout the living room, dining room, and bedrooms, along with a charming built-in dining room hutch. The eat-in kitchen includes an adjoining pantry, and first-floor laundry is conveniently located in the clean, spacious basement. The second unit offers two levels of living space. The main level features two bedrooms, an office, enclosed front porch, living room, dining room, and eat-in kitchen. Beautiful hardwood floors enhance the living room, dining room, office, and bedrooms, while a classic built-in hutch adds character and detail to the dining room. A separate laundry room with additional pantry space is located off the kitchen. The second-floor unit also features a private back deck, providing additional outdoor space. The third floor includes a bedroom and plenty of open space offering excellent potential for future expansion. Additional highlights include a newer roof, an oversized double driveway, a newer furnace serving the second unit and generous basement space. Excellent location close to Mass Ave, the Minuteman Bikeway, Alewife T Station, Route 2, and public bus transportation. A wonderful opportunity for owner-occupants or investors!

Location

Property Details

Core Details

Property TypeMulti Family
Year Built1940
Parcel NumberM:0003.0 B:0003 L:0021.0,318302
ZoningR2
Stories3
MLS #73586689

Space & Sizing

Living Area2,469 sqft
Above Grade2,469 sqft
Total Rooms12
Bedrooms5
Bathrooms2
Lot Size0.11 acres

Features & Systems

Parking4 Parking Spaces
Open Parking4
Heating2 Zones
ConstructionFrame
FoundationBlock
RoofShingle
CoolingNone
ElectricCircuit Breakers
HeatingHot Water, Natural Gas
SewerPublic Sewer
Water SourcePublic

Features & Amenities

Appliances
Dishwasher Dryer Range Refrigerator Washer
Community Features
Bike Path Highway Access Park Public School Public Transportation Shopping T-Station Walk/Jog Trails
Exterior Features
Balcony/Deck Rain Gutters
Flooring
Hardwood Laminate Stone/Ceramic Tile Tile
Interior Features
Bathroom with Shower Stall Bathroom With Tub Ceiling Fan(s) Dining Room Kitchen Laundry Room Living Room Office/Den Sunroom Walk-Up Attic
Laundry Features
Washer Hookup
Levels
3
Lead Paint
Unknown
Other Structures
Shed(s)
Parking Features
Off Street Paved Drive
Patio And Porch Features
Deck Porch
Rent Includes
Unit 1(Water)
Utilities
for Electric Range for Gas Range Washer Hookup
Window Features
Insulated Windows

Additional Information

Disclosures: Photos with furniture are virtually staged. All measurements and details provided in this listing, while provided with the best of our knowledge and intentions, are approximate. Buyers and buyers agents are advised to independently verify all information for exactness.

Directions: GPS

Financial Details

Annual Taxes$11,780 (2026)
Assessed Value$1,104,000
Gross Income$32,400
Net Operating Income$32,400
Tax Book Number0
Listed on Oct 5, 2026 Updated Oct 5, 2026 5:57 PM Middlesex County

Interested in this home?

Contact a CRA Agent or Schedule a showing today.

Colonial Realty Associates
(617) 977-6025
MLS #73586689

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The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors, landlords, and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing, leasing or renting listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing, leasing or renting. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

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