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601 Franklin Street # 2, Melrose MA 02176

Melrose, MA 02176 • Melrose Highlands
$519,900
Est. $3,932/month
3
Beds
1
Baths
1,330
Sq Ft
$391
Price/Sq Ft
1910
Year Built
24
Days on Market
Active Price Drop -$5,100 Open House Listed Jan 28, 2026 • MLS# 73472364 Copied!

About this home

Located in Melrose Highlights! 0.2 miles to the commuter rail. This condo lives like a single-family home in the heart of Melrose. Discover the perfect balance of privacy & convenience in this beautifully designed end-unit condo that truly lives like a single-family home—without the upkeep. Open layout featuring coffered ceilings, in-unit laundry, abundant natural light, & custom finishes throughout. Kitchen with NEWER refrigerator and dishwasher, and gas range.. Every detail is designed for easy living, with heat & hot water included in your condo fee, a dedicated storage unit, & access to community outdoor space ideal for relaxing or entertaining. The home is also pet-friendly, making it the perfect fit for every member of your family. Set in the vibrant heart of Melrose, you’ll be just steps from shops, dining, & public transit—while still enjoying the comfort of your own private retreat.

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Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1910
Bedrooms
3
Full Bathrooms
1
Living Area
1,330 sq ft
Total Rooms
6
Entry Level
1

Open House Schedule

22
Feb
Sunday, February 22
12:00 PM - 1:30 PM EST

Facts & Features

Home Facts

Type Residential
Style Condominium
Year Built 1910
Living Area 1,330 sq ft
Bedrooms 3
Full Baths 1
Total Rooms 6

Interior

Heating Steam
Cooling Window Unit(s)
Flooring Tile, Hardwood
Appliances Range, Dishwasher, Disposal, Microwave, Refrigerator
Fireplace Dining Room
Fireplaces 1
Basement N
Laundry First Floor, In Unit
Features None

Exterior

Construction Frame, Brick, Stone
Architecture None
Roof None

Parking

Features Off Street
Total Spaces 1

Utilities

Electric 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range

Financial

Annual Tax $4,174
Assessed Value $421,600

Interior Features

Flooring: Tile, Hardwood
Appliances: Range, Dishwasher, Disposal, Microwave, Refrigerator
Interior Features:
Windows:
Basement: N
Laundry: First Floor, In Unit
Security:

Construction & Materials

Year Built: 1910
Structure Type: Mid-Rise
Exterior Materials: Frame, Brick, Stone
Roof:
Foundation:

Heating, Cooling & Utilities

Heating: Steam
Heating Zones: 1
Cooling: Window Unit(s)
Hot Water:
Water Source: Public
Sewer: Public Sewer

Parking & Garage

Total Parking Spaces: 1
Parking Features: Off Street

Special Features

Fireplaces: 1
Fireplace Type: Dining Room

Location

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Neighborhood

Melrose Highlands

601 Franklin Street # 2, 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 $348
Homeowners Insurance $200
HOA Fee $755/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

1
Price Changes
1%
Price Range

Property Timeline

👁️
Showing Instructions Updated
Feb 18, 2026
New showing requirements
Price Reduced
Feb 12, 2026
$519,900 $5,100 (-0.97%)
From $525,000 to $519,900 (-1.0%)
👁️
Showing Instructions Updated
Jan 29, 2026
New showing requirements
👁️
Showing Instructions Updated
Jan 29, 2026
New showing requirements
🏠
Listed for Sale
Jan 28, 2026
$525,000
Original listing
Agent: Joanne Rodrigues Office: Redfin Corp.

Price & Status History

Date Event Price Change
Feb 12, 2026 Price Changed $519,900 -$5,100
Jan 28, 2026 New Listing Added $525,000

Market Statistics

Days on Market
24 days
Price per Sq Ft
$391
Total Price Drop
-$5,100

Tax History

Year Taxes Assessment
2025 $4,174 $421,600

Financial Details

Annual Property Tax
$4,174
Tax Year 2025
HOA Fee
$755
Monthly
Assessed Value
$421,600

Listing Information

Listing Agent Joanne Rodrigues
Listing Office Redfin Corp.
Agent MLS ID BB954894
Office MLS ID NB3534
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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Market Analytics for Melrose, MA

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Steven Novak

Steven Novak

BMN Boston Real Estate

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