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601 Franklin Street # 2, Melrose MA 02176

Melrose, MA 02176 • Melrose Highlands
$499,900
$479,000
Est. $3,725/month
3
Beds
1
Baths
1,330
Sq Ft
$360
Price/Sq Ft
1910
Year Built
1
Parking
61
Days on Market
Active Price Drop -$20,900 Listed May 6, 2026 • MLS# 73513959 Copied! • Updated Jun 15, 2026

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 kitchen with Haier refrigerator (2022), Bosch dishwasher (2022) and gas range. Modern must-haves are all here—in unit laundry with 2024 LG all-in-one washer/dryer combo, 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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Recently Sold Nearby

Property History

Market Insights

2
Price Changes
4.2%
Price Range

Property Timeline

Back On Market
Jun 11, 2026
Active
Price Reduced
Jun 11, 2026
$479,000 $900 (-0.19%)
From $479,900 to $479,000 (-0.2%)
📋
Status: Active under contract
Jun 10, 2026
Active → Active Under Contract
Price Reduced
Jun 5, 2026
$479,900 $20,000 (-4%)
From $499,900 to $479,900 (-4.0%)
🏠
Listed for Sale
May 6, 2026
$499,900
Original listing
Agent: Joanne Rodrigues Office: Redfin Corp.

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

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
Features Off Street
Total Spaces 1
Electric 100 Amp Service
Water Public
Sewer Public Sewer
Gas None
Other For Gas Range
Annual Tax $4,174
Assessed Value $421,600

HOA & Community

HOA Fee $755 Monthly
Fee Includes Heat, Insurance, Maintenance Grounds, Snow Removal
Amenities Hot Water, Storage
Optional Fee Includes None
Down Payment Resource Eligible
Pets Yes w/ Restrictions
Seller Disclosures Buyer And Buyers Agent To Verify All Information And Perform Their Own Due Diligence.
Exclusions Washer And Dryer Combo
Possession None
Accepted Financing None
Structure Type ["Mid-Rise"]
Unit/Building 2
Sq Ft Source Public Record
Sq Ft Disclosures Measurements are approximate and need to be verified by buyer.
Documents None
County Middlesex
Total market time (incl. prior listings) 105 days

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

Room Details

First Floor

Bathroom1
7.333333333 x 5.416666666
Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Lighting - Overhead, Crown Molding
Bedroom3
11 x 12
Closet, Flooring - Hardwood, Lighting - Overhead, Crown Molding
Dining Room
15.333333333 x 11.416666666
Coffered Ceiling(s), Flooring - Hardwood, Wainscoting, Lighting - Overhead, Crown Molding, Decorative Molding
Kitchen
11.75 x 9.083333333
Flooring - Hardwood, Pantry, Stainless Steel Appliances, Gas Stove, Lighting - Overhead
Bedroom2
9.583333333 x 10.75
Flooring - Hardwood, Lighting - Overhead, Crown Molding
Living Room
13.333333333 x 7.833333333
Ceiling Fan(s), Flooring - Hardwood, Lighting - Overhead, Crown Molding
Master Bedroom
14.5 x 12.166666666
Coffered Ceiling(s), Walk-In Closet(s), Flooring - Hardwood, Lighting - Overhead, Crown Molding

Other Floor

Bedroom5
Bedroom4
Bathroom2
Bathroom3
Office
Family Room
Master Bathroom
No

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

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.

Location

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Neighborhood

Melrose Highlands

601 Franklin Street # 2, Melrose MA 02176

Melrose, MA 02176

Listing Information

Listing Agent Joanne Rodrigues
Listing Office Redfin Corp.
Office Phone 617-340-7803
Agent MLS ID BB954894
Office MLS ID NB3534
Listing Data Updated Jun 15, 2026 3:05 AM 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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