51 Melrose St # 5F, Melrose MA 02176

Melrose, MA 02176
$589,900
Est. $4,214/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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2
Beds
2
Baths
1,236
Sq Ft
$477
Price/Sq Ft
0.00
Acres
1972
Year Built
2
Garage Spaces
20
Days on Market
For Sale Listed Aug 27, 2026 • MLS# 73569094 Copied! • Updated Aug 31, 2026

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About this home

VERY RARE OPPORTUNITY East facing, 5th-floor front corner unit at the highly desirable Melrose Towers Condominiums! This spacious 2-bedroom, 2-bath residence enjoys one of the premier locations in the complex, offering beautiful south/east-facing views, abundant natural light, and spectacular morning sun. One of the most exceptional features of this unit is the parking. It includes three parking spaces, one outdoor space (#25F) plus TWO highly sought-after indoor garage spaces within the building. This may be one of the only units in the complex to offer two indoor garage spaces, making this an exceptionally rare opportunity. The spacious living room/dining room combination features new wood-look laminate flooring and opens directly to a screened-in balcony, an ideal place to enjoy your morning coffee, sunrise views, and some of the best views in the complex. The primary bedroom also enjoys beautiful morning light and features a generous walk-in closet. Bedroom #2 offers a large closet and convenient stackable in-unit laundry. The fully applianced kitchen features stainless steel appliances. Recent improvements include fresh interior paint and new wood-look laminate flooring in the living room, dining room, and Bedroom #2. An additional private storage cubicle is located on the lower level. Melrose Towers offers an impressive array of amenities, including indoor and outdoor swimming pools, an atrium area, and tennis courts, all within a well-established condominium community. Showings begin at the Open House on Sunday, August 30 at 12:00 PM. Offers, if any, are due Tuesday, September 1 at 5:00 PM. Please park in space #25F or designated guest parking only. Don’t miss this truly rare opportunity to own a bright and spacious 5th-floor corner unit with exceptional views, three parking spaces, including two garage spaces, and outstanding amenities at Melrose Towers!

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Property History

Property Timeline

🏠
Listed for Sale
Aug 27, 2026
$589,900
Original listing
Agent: John Bulman Office: Brad Hutchinson Real Estate

Tax History

Year Taxes Assessment
2025 $4,895 $494,400

Financial Details

Annual Property Tax
$4,895
Tax Year 2025
HOA Fee
$623
Monthly
Assessed Value
$494,400

Facts & Features

2 Car Garage
Central AC

Home Facts

Type Residential
Style Condominium
Year Built 1972
Living Area 1,236 sq ft
Lot Size 0.0000
Stories 1
Bedrooms 2
Full Baths 2
Total Rooms 5

Interior

Heating Electric Baseboard, Electric, Individual, Unit Control
Cooling Central Air, Individual, Unit Control
Flooring Tile, Vinyl, Carpet
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Fireplace None
Basement N
Laundry Electric Dryer Hookup, Washer Hookup
Features None

Exterior

Construction Stone
Architecture None
Roof Tar/gravel, Rubber
Features Balcony / Deck, Balcony, Screens, Professional Landscaping, Sprinkler System
Pool Association, In Ground, Indoor
Spa None
Fencing None
Patio/Porch None
Garage Spaces 2
Has Garage Yes
Features Under, Garage Door Opener, Storage, Deeded, Off Street, Assigned, Paved
Total Spaces 3
Electric 220 Volts, Circuit Breakers, 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Electric Range, For Electric Oven, For Electric Dryer, Washer Hookup
Annual Tax $4,895
Assessed Value $494,400

HOA & Community

HOA Fee $623 Monthly
Fee Includes Water, Sewer, Insurance, Maintenance Structure, Road Maintenance, Maintenance Grounds, Snow Removal, Reserve Funds
Amenities Pool, Elevator(s), Tennis Court(s), Sauna/steam, Storage
Optional Fee Includes Recreational Facilities
Down Payment Resource Eligible
Pets Yes w/ Restrictions
Lead Paint Unknown
Seller Disclosures Stackable Washer Dryer To Remain As Gifts With No Warranty Or Representation From Owner(s), Listing Agent Has An Ownership Interest In The Unit.
Possession None
Accepted Financing None
Structure Type ["Low-Rise"]
Unit/Building 5F
Sq Ft Source Public Record
Sq Ft Disclosures From Public Record
Documents Master Deed, Rules & Regs (2)
County Middlesex
Total market time (incl. prior listings) 7 days

Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1972
Bedrooms
2
Full Bathrooms
2
Living Area
1,236 sq ft
Total Rooms
5
Stories
1
Entry Level
5

Floor Layout

Interior Features

Flooring: Tile, Vinyl, Carpet
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Dryer
Interior Features:
Windows: Insulated Windows, Screens
Basement: N
Laundry: Electric Dryer Hookup, Washer Hookup
Security: Intercom, TV Monitor

Construction & Materials

Year Built: 1972
Effective Year (Renovated): 1972
Structure Type: Low-Rise
Exterior Materials: Stone
Roof: Tar/Gravel, Rubber
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Electric Baseboard, Electric, Individual, Unit Control
Heating Zones: 5
Cooling: Central Air, Individual, Unit Control
Cooling Zones: 1
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features: Balcony / Deck, Balcony, Screens, Professional Landscaping, Sprinkler System
Patio & Porch:
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Garage Spaces: 2
Garage Type: Attached
Total Parking Spaces: 3
Parking Features: Under, Garage Door Opener, Storage, Deeded, Off Street, Assigned, Paved
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

3 schools
Early Childhood Center
0.2 mi
247 students Diverse
Grades PK-K
A
Roosevelt School
0.4 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
A+
Horace Mann School
0.5 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

3 schools
A-
Melrose Middle School
0.1 mi | #89 of 352 | Score: 50.7
Improved 9 spots from last year
-7.5 below state avg
830 students Moderate
Grades 06-08
C+
Saugus Middle School
2.1 mi | #247 of 352 | Score: 36.4
Improved 64 spots from last year
-21.8 below state avg
612 students Diverse
Rising School Diverse Student Body
Grades 06-08
B+
Stoneham Central Middle School
2.2 mi | #129 of 352 | Score: 46.2
Dropped 30 spots from last year
-12 below state avg
678 students Moderate
Strong Attendance
Grades 05-08
H

High Schools

3 schools
A-
Stoneham High School
1.4 mi | #89 of 346 | Score: 61.7
Improved 39 spots from last year
+3.5 above state avg
598 students Moderate
17 sports • 1,334 athletes
Strong AP Program High Graduation Rate Rising School College Ready Curriculum
Grades 09-12
C
Saugus High School
2.1 mi | #265 of 346 | Score: 46.1
Improved 3 spots from last year
-12.1 below state avg
695 students Diverse
17 sports • 972 athletes
College Ready Curriculum Strong Athletics Diverse Student Body
Grades 09-12
A-
Wakefield Memorial High School
2.1 mi | #80 of 346 | Score: 63.2
Improved 15 spots from last year
+5 above state avg
871 students Moderate
18 sports • 1,930 athletes
High Graduation Rate College Ready Curriculum Strong Athletics
Grades 09-12
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $408
Homeowners Insurance $200
HOA Fee $623/mo
PMI (if <20% down) $0

Loan Summary

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Total principal paid $0
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Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
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Neighborhood

51 Melrose St # 5F, Melrose MA 02176

Melrose, MA 02176

Listing Information

Listing Agent John Bulman
Listing Office Brad Hutchinson Real Estate
Office Phone 781-665-2222
Agent MLS ID B0428891
Office MLS ID B11101
Listing Data Updated Aug 31, 2026 3:05 AM EDT
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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