340 Main St # 606, Melrose MA 02176

Melrose, MA 02176

$239,900

Est. $1,785/month

Baths

290

Sq Ft

$827

Price/Sq Ft

1970

Year Built

Condominium

Type

12 hours 35 minutes

Time on Market

Active Open House Listed May 27, 2026 • MLS# 73524877 Copied!

About this home

Welcome to 340 Main Street, Unit 606 — a stylishly renovated studio in the heart of Melrose offering an ideal opportunity for a first-time buyer, commuter, or anyone looking for a studio apartment in close proximity to Boston. Thoughtfully updated with a clean, modern feel, this unit makes smart use of space while offering direct access to the adjacent common balcony area — a rare bonus that adds an open, airy feel right outside your door. Located just steps from vibrant downtown Melrose with its restaurants, shops, cafes, and local charm, plus easy access to the commuter rail, public transportation, and Boston, this is simple living in one of the area’s most convenient locations.

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Property Overview

Property Type

Condominium

Listing Type

For Sale

Year Built

1970

Full Bathrooms

Living Area

290 sq ft

Total Rooms

Stories

Entry Level

Open House Schedule

May

Saturday, May 30

11:30 AM - 1:00 PM EDT

May

Friday, May 29

5:00 PM - 6:30 PM EDT

May

Sunday, May 31

11:30 AM - 1:00 PM EDT

Facts & Features

Home Facts

Type Residential

Style Condominium

Year Built 1970

Living Area 290 sq ft

Full Baths 1

Total Rooms 2

Interior

Heating Electric

Cooling None

Flooring Tile, Laminate

Appliances Range, Microwave, Refrigerator

Fireplace None

Basement N

Laundry Common Area, In Building

Features Elevator

Exterior

Construction None

Architecture None

Roof None

Features Balcony

Pool None

Spa None

Fencing None

Patio/Porch None

Parking

Features Deeded

Total Spaces 1

Utilities

Electric None

Water Public

Sewer Public Sewer

Gas None

Other For Electric Range

Financial

Annual Tax $1,777

Assessed Value $179,500

Interior Features

Flooring: Tile, Laminate

Appliances: Range, Microwave, Refrigerator

Interior Features: Elevator

Windows:

Basement: N

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

Energy Features:

Exterior & Lot

Exterior Features: Balcony

Patio & Porch:

Fencing:

Other Structures:

Lot Features:

Road Surface:

Parking & Garage

Total Parking Spaces: 1

Parking Features: Deeded

Location

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Neighborhood

340 Main St # 606, 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

< 0.1 mi

Grades PK-08

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

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

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

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 Breakdown

Principal & Interest $0

Property Tax $148

Homeowners Insurance $200

HOA Fee $224/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

Market Insights

Property Timeline

👁️

Showing Instructions Updated

May 27, 2026

New showing requirements

🏠

Listed for Sale

May 27, 2026

$239,900

Original listing

Agent: The Ternullo Real Estate Team Office: Leading Edge Real Estate

Date	Event	Price	Change	$/sqft	Details
05/27/2026	👁️ Showing Instructions Updated	-	-	-	New showing requirements
05/27/2026	🏠 Listed for Sale	$239,900	-	-	Original listing

Price & Status History

Date	Event	Price	Change
May 27, 2026	New Listing Added	$239,900	—

Market Statistics

Time on Market

12 hours 35 minutes

Price per Sq Ft

$827

Tax History

Year	Taxes	Assessment
2025	$1,777	$179,500

Financial Details

Annual Property Tax

$1,777

Tax Year 2025

HOA Fee

$224

Monthly

Assessed Value

$179,500

Listing Information

Listing Agent The Ternullo Real Estate Team

Listing Office Leading Edge Real Estate

Agent MLS ID TM000416

Office MLS ID AN4648

Listing Data Updated May 27, 2026 1:01 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

Middle Schools

Monthly Payment Breakdown

Loan Summary

Showing Instructions Updated

Listed for Sale

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340 Main St # 606, 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

Location

Neighborhood

Walkability

Nearby Schools

Elementary Schools

Middle Schools

Monthly Payment Calculator

Monthly Payment Breakdown

Loan Summary

Rate Impact

Payment Over Time

Property History

Market Insights

Property Timeline

Showing Instructions Updated

Listed for Sale

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Price & Status History

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