A Melrose man is under arrest and charged with the stabbing death of an other man who lived in the same Ledge Street home he did.

Nathan Baldi, 21, is charged with assault and battery by means of a dangerous weapon that caused serious bodily damage after allegedly stabbing James Percent, 47, to death during an altercation at the home, according to the Middlesex DA Marian Ryan’s office.

Police were called when a Ledge Street resident reported an altercation at about 7:05 p.m., Saturday. Upon arrival, they found Percent unresponsive and suffering from an apparent stab wounds.

Percent was transported to a local hospital where he was pronounced dead, according to the DA’s office.

According to police, an altercation initially broke out between Percent and a woman at the home. At some point Baldi, who also lives at the residence, got involved and the fatal stabbing occurred. Both Baldi and Percent suffered stab wounds, according to police.

Baldi was hospitalized after the incident. He’s due to be arraigned Monday at Malden District Court.