171 Main Street, Melrose MA 02176 - Preview 1 171 Main Street, Melrose MA 02176 - Preview 2 171 Main Street, Melrose MA 02176 - Preview 3
171 Main Street, Melrose MA 02176 - Preview 1 171 Main Street, Melrose MA 02176 - Preview 2 171 Main Street, Melrose MA 02176 - Preview 3

171 Main Street, Melrose MA 02176

Melrose, MA 02176
$1,025,000
Est. $6,044/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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3
Beds
1.5
Baths
1,575
Sq Ft
$651
Price/Sq Ft
0.18
Acres
1920
Year Built
2
Parking
Single Family Residence
Type
New today
Time on Market
For Sale Listed Nov 14, 2026 • MLS# 73602190 Copied! • Updated Nov 14, 2026

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About this home

Don’t miss your opportunity with this standout double lot in a prime Melrose neighborhood! This property presents a compelling value add opportunity for developers and investors. The generous land footprint supports horizontal or vertical expansion, including potential conversion to a Two-Family layout (GIS Map in Documents, buyer to verify local zoning and permitting). Currently a single-family home features 3 bedrooms, 1 full bath, 1 half bath, hard wood floors throughout, and new roof & first floor windows installed two years ago. This property offers exceptional convenience—just moments from Oak Grove Station and the commuter rail, providing easy access to Boston and surrounding communities. The home sits only one block from Pine Banks Park, a major neighborhood amenity highlighted in local listings for its recreation space and proximity to shops and restaurants.

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Recently Sold Nearby

Price & Status History

Property Timeline

🏠
Listed for Sale
Nov 14, 2026
$1,025,000
Original listing
Agent: Maureen Lavin Office: Charlesgate Realty Group, llc

Tax History

Year Taxes Assessment
2026 $7,933 $701,600

Financial Details

Annual Property Tax
$7,933
Tax Year 2026
Assessed Value
$701,600

Facts & Features

Home Facts

Type Residential
Style Single Family Residence
Year Built 1920
Living Area 1,575 sq ft
Lot Size 0.18 acres
Bedrooms 3
Full Baths 1
Half Baths 1
Total Rooms 6

Interior

Heating Central, Hot Water
Cooling None
Flooring Hardwood
Appliances None
Fireplace None
Basement None
Laundry None
Features None

Exterior

Construction None
Architecture Colonial
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features Off Street
Total Spaces 2
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None
Annual Tax $7,933
Assessed Value $701,600
Fee Includes None
Amenities None
Optional Fee Includes None
Lead Paint Unknown
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type []
House Color White
Sq Ft Source Public Record
Sq Ft Disclosures Tax information and lot size are the combined lots.
Documents None
County Middlesex

Property Overview

Property Type
Single Family Residence
Listing Type
For Sale
Year Built
1920
Bedrooms
3
Full Bathrooms
1
Half Bathrooms
1
Living Area
1,575 sq ft
Total Rooms
6

Floor Layout

Interior Features

Flooring: Hardwood
Appliances:
Interior Features:
Windows:
Basement:
Laundry:
Security:

Construction & Materials

Style: Colonial
Year Built: 1920
Structure Type:
Exterior Materials:
Roof:
Foundation: Concrete Perimeter

Utilities & Systems

Heating: Central, Hot Water
Heating Zones: 1
Cooling: None
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features: Corner Lot
Road Surface:

Parking & Garage

Total Parking Spaces: 2
Parking Features: Off Street
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
E

Elementary Schools

7 schools
St. Mary Elementary School
0.5 mi
Grades PK-08
A-
Lincoln School
0.4 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-
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
A+
Winthrop School
1.1 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
1.4 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
Early Childhood Center
1.4 mi
247 students Diverse
Grades PK-K
A+
Horace Mann School
1.6 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
M

Middle Schools

1 school
A-
Melrose Middle School
1.2 mi | #89 of 352 | Score: 50.7
Improved 9 spots from last year
-7.5 below state avg
830 students Moderate
Grades 06-08
Learn about these ratings
School data provided by BMN Schools

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Including down payment
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Down: $0
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $661
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

171 Main Street, Melrose MA 02176

Melrose, MA 02176

Listing Information

Listing Agent Maureen Lavin
Listing Office Charlesgate Realty Group, llc
Office Phone 617-587-0100
Agent MLS ID CN248502
Office MLS ID NB1520
Listing Data Updated Nov 14, 2026 8:03 AM EST
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Contact Us

Steve Novak Real Estate
Steve Novak Real Estate
BMN Boston Powered by SERHANT
mail@steve-novak.com
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