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.

Adjust the payment calculator

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

Detailed History Table ▼

Date	Event	Price	Change	$/sqft	Details
11/14/2026	🏠 Listed for Sale	$1,025,000	-	-	Original listing

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

Parking

Features Off Street

Total Spaces 2

Utilities

Electric None

Water Public

Sewer Public Sewer

Gas None

Other None

Financial

Annual Tax $7,933

Assessed Value $701,600

HOA & Community

Fee Includes None

Amenities None

Optional Fee Includes None

MA Disclosures

Lead Paint Unknown

Seller Disclosures None

Additional Details

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

Nearby Schools

School information not available for this location.

Monthly Payment Calculator

Monthly Payment

$0

Principal, interest, taxes & insurance

Loan Amount

$0

After down payment

Total Interest

$0

Over life of loan

Total Cost

$0

Including down payment

Home Price

Down Payment

%

Down: $0

Interest Rate

%

Loan Term 30 years 15 years

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

Rate Impact

-0.5% Rate

$0/mo

Save $0/mo

Current Rate

$0/mo

+0.5% Rate

$0/mo

Cost $0/mo

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

BMN Boston Powered by SERHANT

mail@steve-novak.com

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