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340 Main St # 502, Melrose MA 02176

Melrose, MA 02176
$2,000
Est. $210/month
1
Baths
450
Sq Ft
$4
Price/Sq Ft
9,999
Lot Sq Ft
1970
Year Built
1
Days on Market
Active Listed May 19, 2026 • MLS# 73521384 Copied!

About this home

Bright & Sunny Downtown Melrose Studio – Updated & Move-In Ready! Welcome to this charming bright and sunny studio apartment in the heart of downtown Melrose. Recently updated, this home features new flooring, cabinets, quartz countertops, and modern lighting throughout, along with a fresh coat of paint that makes the space feel crisp and inviting. Enjoy the sunny shared outdoor balcony just steps from your front door—perfect for morning coffee or evening relaxation. This well-maintained elevator building offers an updated laundry room on the 4th floor, a small storage locker in the garage, and one dedicated garage parking spot for your convenience. Located just one block from the Wyoming Commuter Rail and a short walk to the Oak Grove Orange Line, you’ll have quick access to Boston and beyond. You’re also close to Melrose’s vibrant shops, restaurants, making this the perfect spot for urban living with a neighborhood feel. Don’t miss this opportunity—schedule your showing today.

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Property Overview

Property Type
Apartment
Listing Type
For Rent
Year Built
1970
Full Bathrooms
1
Living Area
450 sq ft
Entry Level
5

Facts & Features

1 Car Garage

Home Facts

Type Residential Lease
Style Apartment
Year Built 1970
Living Area 450 sq ft
Lot Size 9,999 sq ft
Full Baths 1

Interior

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

Exterior

Construction None
Architecture None
Roof None
Features Porch
Pool None
Spa None
Fencing None
Patio/Porch Porch

Parking

Garage Spaces 1
Has Garage Yes
Features None
Total Spaces 1

Utilities

Electric None
Water None
Sewer None
Gas None
Other None

Financial

HOA Yes

Interior Features

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

Construction & Materials

Year Built: 1970
Structure Type:
Exterior Materials:
Roof:
Foundation:

Heating, Cooling & Utilities

Heating: Electric
Cooling:
Hot Water:
Water Source:
Sewer:
Energy Features:

Exterior & Lot

Exterior Features: Porch
Patio & Porch: Porch
Fencing:
Other Structures:
Lot Features:
Road Surface:

Parking & Garage

Garage Spaces: 1
Total Parking Spaces: 1
Parking Features:

Location

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Neighborhood

340 Main St # 502, Melrose MA 02176

Melrose, MA 02176

Walkability

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Nearby Schools

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

7 schools
St. Mary Elementary School
< 0.1 mi
Grades PK-08
A
Lincoln School
0.2 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
A
Winthrop School
0.9 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
0.9 mi | #218 of 824 | Score: 54.0
Dropped 88 spots from last year
-4.2 below state avg
260 students Moderate
Grades K-05
A
Roosevelt School
1.0 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
1.0 mi
246 students Moderate
Grades PK-K
A+
Horace Mann School
1.3 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
M

Middle Schools

1 school
A-
Melrose Middle School
0.9 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 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 $0
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.

Property History

Market Insights

99.3%
Price Range
2
Previous Sales

Property Timeline

🏠
Listed for Sale
May 19, 2026
$2,000
Original listing
Agent: Cheryl Petitpas Office: RE/MAX Platinum
Previous Transaction - MLS #73370521
Full transaction history available when tracking began
🏷️
Previously Sold
Jun 13, 2025
$280,000
MLS #73370521
Previous Transaction - MLS #72124597
Full transaction history available when tracking began
🏷️
Previously Sold
Apr 28, 2017
$200,000
MLS #72124597

Price & Status History

Date Event Price Change
May 19, 2026 New Listing Added $2,000
Jun 13, 2025 Sold $280,000
Apr 28, 2017 Sold $200,000

Market Statistics

Days on Market
1 days
Price per Sq Ft
$4

Tax History

Year Taxes Assessment
Tax history not available

Listing Information

Listing Agent Cheryl Petitpas
Listing Office RE/MAX Platinum
Agent MLS ID CT004128
Office MLS ID AN4663
Listing Data Updated May 19, 2026 4:36 PM 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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Market Analytics for Melrose, MA

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