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585 Franklin Street # 6, Melrose MA 02176

Melrose, MA 02176
$565,000
Est. $4,266/month
3
Beds
1
Baths
1,482
Sq Ft
$381
Price/Sq Ft
1910
Year Built
1
Garage Space
14 hours 11 minutes
Time on Market
Active Open House Listed Jul 15, 2026 • MLS# 73550131 Copied! • Updated Jul 15, 2026

Open House Schedule

19
Jul
Sunday, July 19
12:30 PM - 2:30 PM EDT
18
Jul
Saturday, July 18
12:30 PM - 2:30 PM EDT

About this home

Welcome home to this stunning penthouse condo at Undercliff Terrace, tucked in coveted Melrose Highlands! This sun drenched 3 bedroom residence boasts 1,482 square feet of open floor plan living, an updated kitchen with granite countertops, and a dining room with crown molding. The living room wows with a cozy decorative fireplace, coffered ceiling, and a large bay window filling the space with light. The primary bedroom offers a walk in closet plus an extra large closet. Two more bedrooms sit toward the back, along with a bright sunroom wrapped in windows on three sides. This home also includes a deeded one car garage, two storage units in the basement, and roof rights access, plus in building laundry! Restaurants, coffee shops, and retail sit at your doorstep, with the commuter rail and easy access to Rt. 1 and 93 nearby. Updates: 2025 bathroom, 2022 garage renovation with new studs, flooring, 2022 waterproofed storage unit. Roof, oil tanks, and drains replaced building wide in 2023.

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Recently Sold Nearby

Property History

Market Insights

31.9%
Price Range
2
Previous Sales

Property Timeline

🏠
Listed for Sale
Jul 15, 2026
$565,000
Original listing
Agent: Devon Hunt Office: The Proper Nest Real Estate
Previous Transaction - MLS #72902872
Full transaction history available when tracking began
🏷️
Previously Sold
Dec 15, 2021
$490,000
MLS #72902872
Previous Transaction - MLS #72499075
Full transaction history available when tracking began
🏷️
Previously Sold
Oct 30, 2019
$385,000
MLS #72499075

Tax History

Year Taxes Assessment
2025 $4,791 $483,900

Financial Details

Annual Property Tax
$4,791
Tax Year 2025
HOA Fee
$810
Per month
Assessed Value
$483,900

Facts & Features

1 Car Garage

Home Facts

Type Residential
Style Condominium
Year Built 1910
Living Area 1,482 sq ft
Bedrooms 3
Full Baths 1
Total Rooms 7

Interior

Heating Steam, Oil
Cooling Window Unit(s)
Flooring Vinyl
Appliances Range, Dishwasher, Microwave, Refrigerator
Fireplace Living Room
Basement N
Laundry Common Area, In Building
Features Sun Room

Exterior

Construction None
Architecture None
Roof Rubber
Features Garden
Pool None
Spa None
Fencing None
Patio/Porch None
Garage Spaces 1
Has Garage Yes
Features Detached, Garage Door Opener, On Street, Deeded
Total Spaces 1
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None
Annual Tax $4,791
Assessed Value $483,900

HOA & Community

HOA Fee $810
Fee Includes Heat, Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash
Amenities Hot Water
Optional Fee Includes None
Pets Yes
Seller Disclosures Fireplace Is Decorative. Ceiling Lamp In Childs Bedroom Is Excluded. Updates: 2025 Bathroom, 2022 Garage Overhaul, Waterproofed Storage Unit, And A 2023 Roof, Oil Tanks, And Drains, Building Wide.
Exclusions Ceiling Lamp In 2nd Bedroom
Possession None
Accepted Financing None
Structure Type ["Mid-Rise"]
Unit/Building 6
Sq Ft Source Public Record
Sq Ft Disclosures Sunroom is not heated
Documents Master Deed, Unit Deed, Rules & Regs (3)
County Middlesex

Property Overview

Property Type
Condominium
Listing Type
For Sale
Year Built
1910
Bedrooms
3
Full Bathrooms
1
Living Area
1,482 sq ft
Total Rooms
7
Stories
1
Entry Level
3

Room Details

First Floor

Bathroom1
Bedroom3
10 x 12
Closet, Flooring - Hardwood, Balcony - Interior, Cable Hookup, Lighting - Overhead
Dining Room
9 x 12
Closet, Flooring - Hardwood, Chair Rail, Recessed Lighting, Crown Molding
Kitchen
12 x 12
Flooring - Hardwood, Countertops - Stone/Granite/Solid, Open Floorplan, Stainless Steel Appliances, Peninsula, Lighting - Overhead
Bedroom2
10 x 12
Closet, Flooring - Hardwood, Cable Hookup, Lighting - Overhead
Living Room
15 x 18
Flooring - Hardwood, Window(s) - Bay/Bow/Box, Cable Hookup, Recessed Lighting
Master Bedroom
12 x 18
Walk-In Closet(s), Flooring - Hardwood, Cable Hookup, Recessed Lighting

Other Floor

Bedroom5
Bedroom4
Bathroom2
Bathroom3
Office
Family Room
Master Bathroom
Yes

Interior Features

Flooring: Vinyl
Appliances: Range, Dishwasher, Microwave, Refrigerator
Interior Features: Sun Room
Windows:
Basement: N
Laundry: Common Area, In Building
Security:

Construction & Materials

Year Built: 1910
Structure Type: Mid-Rise
Exterior Materials:
Roof: Rubber
Foundation:
Stories: 1

Heating, Cooling & Utilities

Heating: Steam, Oil
Cooling: Window Unit(s)
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

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

Parking & Garage

Garage Spaces: 1
Total Parking Spaces: 1
Parking Features: Detached, Garage Door Opener, On Street, Deeded

Special Features

Fireplace Type: Living Room
Community Amenities:
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
A
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
0.4 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
M

Middle Schools

3 schools
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
B+
Stoneham Central Middle School
1.7 mi | #132 of 352 | Score: 46.3
Dropped 33 spots from last year
-11.9 below state avg
689 students Moderate
Grades 05-08
A-
Galvin Middle School
2.1 mi | #79 of 352 | Score: 52.1
Improved 5 spots from last year
-6.1 below state avg
1,056 students Moderate
Strong Attendance
Grades 05-08
H

High Schools

3 schools
A-
Stoneham High School
1.0 mi | #91 of 346 | Score: 61.0
Improved 37 spots from last year
+2.8 above state avg
599 students Moderate
17 sports • 1,334 athletes
High Graduation Rate Rising School College Ready Curriculum Strong Athletics
Grades 09-12
A-
Wakefield Memorial High School
2.0 mi | #79 of 346 | Score: 62.6
Improved 16 spots from last year
+4.4 above state avg
854 students Moderate
18 sports • 1,930 athletes
High Graduation Rate College Ready Curriculum Strong Athletics
Grades 09-12
B+
Northeast Metropolitan Regional Vocational High School
2.3 mi | #141 of 346 | Score: 56.5
Improved 81 spots from last year
-1.7 below state avg
1,381 students Diverse
17 sports • 1,818 athletes
High Graduation Rate Rising School Career Tech Programs College Ready Curriculum
Grades 09-12
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Monthly Payment Breakdown

Principal & Interest $0
Property Tax $399
Homeowners Insurance $200
HOA Fee $810/mo
PMI (if <20% down) $0

Loan Summary

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Payment Over Time

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

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Neighborhood

585 Franklin Street # 6, Melrose MA 02176

Melrose, MA 02176

Listing Information

Listing Agent Devon Hunt
Listing Office The Proper Nest Real Estate
Office Phone 781-797-4020
Agent MLS ID CN241165
Office MLS ID AN7859
Listing Data Updated Jul 15, 2026 6:27 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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