601 Franklin Street # 2, Melrose MA 02176

Melrose, MA 02176 • Melrose Highlands

$499,900

Est. $3,831/month

Beds

Baths

1,330

Sq Ft

$376

Price/Sq Ft

1910

Year Built

Condominium

Type

11 hours 5 minutes

Time on Market

Active Open House Listed May 6, 2026 • MLS# 73513959 Copied!

About this home

Stop renting and start living the Melrose lifestyle! This spacious 3-bedroom condo offers an unbeatable 0.2-mile walk to the commuter rail, making your Boston commute a breeze. Inside, you'll find charming coffered ceilings, an open layout, and a fully equipped gas kitchen. Modern must-haves are all here—in-unit laundry, extra storage, and a warm, pet-friendly community. Most importantly, your monthly budget is predictable: heat and hot water are included in the condo fee! Nestled near the famous Sheepfold trails and just half a mile from local pet care and grooming, it’s a paradise for you and your four-legged friends. Low maintenance, high convenience, and a rare 3-bedroom find in Melrose’s most walkable pocket.

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Property Overview

Property Type

Condominium

Listing Type

For Sale

Year Built

1910

Bedrooms

Full Bathrooms

Living Area

1,330 sq ft

Total Rooms

Entry Level

Open House Schedule

May

Saturday, May 9

11:00 AM - 12:30 PM EDT

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

Features None

Pool None

Spa None

Fencing None

Patio/Porch 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

Energy Features:

Exterior & Lot

Exterior Features:

Patio & Porch:

Fencing:

Other Structures:

Lot Features:

Road Surface:

Parking & Garage

Total Parking Spaces: 1

Parking Features: Off Street

Special Features

Fireplaces: 1

Fireplace Type: Dining Room

Community Amenities: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Public School, T-Station

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 District

Melrose School District local

✓ School Safety 2024-25

0.6% Low

0.4% Suspensions 0.4% In-School 0.2% Emergency

↓ 4.9% below state avg

Elementary Schools

7 schools

St. Mary Elementary School

1.1 mi

Grades PK-08

Roosevelt School

0.2 mi | #124 of 824 | Score: 57.9

Improved 100 spots from last year

-0.4 below state avg

406 students Moderate

Rising School Strong Attendance

Grades K-05

Early Childhood Center

0.5 mi

246 students Moderate

Grades PK-K

A+

Horace Mann School

0.7 mi | #79 of 824 | Score: 60.5

Dropped 73 spots from last year

+2.3 above state avg

254 students Less Diverse

Strong Attendance

Grades K-05

Lincoln School

1.2 mi | #130 of 824 | Score: 57.6

Improved 194 spots from last year

-0.6 below state avg

404 students Diverse

Rising School

Grades K-05

Winthrop School

1.2 mi | #89 of 824 | Score: 59.8

Improved 1 spots from last year

+1.6 above state avg

392 students Less Diverse

Strong Attendance

Grades K-05

A-

Herbert Clark Hoover School

1.7 mi | #218 of 824 | Score: 54.0

Dropped 88 spots from last year

-4.2 below state avg

260 students Moderate

Grades K-05

Middle Schools

1 school

A-

Melrose Middle School

0.4 mi | #92 of 352 | Score: 50.4

Improved 6 spots from last year

-7.8 below state avg

886 students Moderate

Grades 06-08

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Monthly Payment Breakdown

Principal & Interest $0

Property Tax $348

Homeowners Insurance $200

HOA Fee $755/mo

PMI (if <20% down) $0

Loan Summary

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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.

Property History

Property Timeline

🏠

Listed for Sale

May 6, 2026

$499,900

Original listing

Agent: Joanne Rodrigues Office: Redfin Corp.

Date	Event	Price	Change	$/sqft	Details
05/06/2026	🏠 Listed for Sale	$499,900	-	-	Original listing

Price & Status History

Date	Event	Price	Change
May 6, 2026	New Listing Added	$499,900	—

Market Statistics

Time on Market

11 hours 5 minutes

Price per Sq Ft

$376

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 Data Updated May 6, 2026 3:57 PM EDT

Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

Elementary Schools

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601 Franklin Street # 2, Melrose MA 02176

About this home

Property Overview

Open House Schedule

Facts & Features

Home Facts

Interior

Exterior

Parking

Utilities

Financial

Interior Features

Construction & Materials

Heating, Cooling & Utilities

Exterior & Lot

Parking & Garage

Special Features

Location

Neighborhood

Walkability

Nearby Schools

Elementary Schools

Middle Schools

Monthly Payment Calculator

Monthly Payment Breakdown

Loan Summary

Rate Impact

Payment Over Time

Property History

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Listed for Sale

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