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340 Main St. # 206, Melrose MA 02176

Melrose, MA 02176 • Wyoming
$199,900
Est. $1,704/month
1
Beds
1
Baths
294
Sq Ft
$680
Price/Sq Ft
1970
Year Built
16
Days on Market
Active Listed Feb 5, 2026 • MLS# 73474632 Copied!

About this home

Perfect starter and investment opportunity in Downtown Melrose! Ideal commuter location 1 block to Wyoming Hill Commuter Rail Purple Line. Just over 1 mile to Oak Grove T Station/Orange Line, and a bus stop at the front door! Lowest priced property for sale in Melrose & surrounding area. STOP PAYING RENT & COLLEGE ROOM & BOARD! Invest and build equity in one of the HOTTEST LOCATIONS NORTH OF BOSTON! Near great restaurants, eateries, amenities, shopping, YMCA and public transportation. This is a STUDIO, which is 1 room with combined living/sleeping/kitchenet area. Needs updating. Sold As Is. Includes 1 parking space. Convenient, desirable location in walking distance to everything! No car needed! Pets allowed w/Trustee approval. Most photos from 2024 when unit was freshly painted.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1970
Bedrooms
1
Full Bathrooms
1
Living Area
294 sq ft
Total Rooms
1
Stories
1
Entry Level
2

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1970
Living Area 294 sq ft
Bedrooms 1
Full Baths 1
Total Rooms 1

Interior

Heating Electric
Cooling None
Flooring Vinyl
Appliances Range, Refrigerator
Fireplace None
Basement Y
Laundry Common Area, In Building
Features Elevator

Exterior

Construction None
Architecture None
Roof None

Parking

Features Off Street, Assigned
Total Spaces 1

Utilities

Electric None
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range

Financial

Annual Tax $1,737
Assessed Value $175,500

Interior Features

Flooring: Vinyl
Appliances: Range, Refrigerator
Interior Features: Elevator
Windows:
Basement: Y
Laundry: Common Area, In Building
Security:

Construction & Materials

Year Built: 1970
Structure Type: Garden
Exterior Materials:
Roof:
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Electric
Cooling: None
Hot Water:
Water Source: Public
Sewer: Public Sewer

Parking & Garage

Total Parking Spaces: 1
Parking Features: Off Street, Assigned

Location

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Neighborhood

Wyoming

340 Main St. # 206, Melrose MA 02176

Melrose, MA 02176

Walkability

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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
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $145
Homeowners Insurance $200
HOA Fee $348/mo
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.

Property History

Market Insights

Property Timeline

📋
Status: Active
Feb 15, 2026
Pending → Active
Pending Sale
Feb 9, 2026
Offer accepted, sale pending
🏠
Listed for Sale
Feb 5, 2026
$199,900
Original listing
Agent: Janet Roach Office: RE/MAX Andrew Realty Services

Price & Status History

Date Event Price Change
Feb 15, 2026 Status: Active $0
Feb 5, 2026 New Listing Added $199,900

Market Statistics

Days on Market
16 days
Price per Sq Ft
$680

Tax History

Year Taxes Assessment
2025 $1,737 $175,500

Financial Details

Annual Property Tax
$1,737
Tax Year 2025
HOA Fee
$348
Monthly
Assessed Value
$175,500

Listing Information

Listing Agent Janet Roach
Listing Office RE/MAX Andrew Realty Services
Agent MLS ID B8000310
Office MLS ID AC2354
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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Steven Novak

Steven Novak

BMN Boston Real Estate

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