601 Franklin Street #2 · Melrose

FOR SALE · MLS #73513959

$479,000

beds
3
baths
1
sqft
1,330

601 Franklin Street #2

Melrose, MA 02176

LOCATION

Property location

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Home type
Condominium
Interior living area
1,330 sqft
Year built
1910
Parking spaces
1
Price per sqft
$360/sqft
HOA fee
$755.02 · Monthly

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.

Listed by Joanne Rodrigues · Redfin Corp.
MLS PIN #73513959 · Updated 10/26/2026, 6:51:00 PM ET

Building & association

Building name
Undercliff Terrace Condominiums
Total units
19
Building stories
0
Entry level
1
HOA fee includes
Heat · Insurance · Maintenance Grounds · Snow Removal
Association amenities
Hot Water · Storage
Pets allowed
Yes w/ Restrictions

From MLS fields in this listing. Confirm association rules and fees with the association documents.

Facts & features

Home overview
Property subtype
Condominium
Property category
Residential
MLS status
Active
Building name
Undercliff Terrace Condominiums
Bedrooms
3
Full bathrooms
1
Half bathrooms
0
Total bathrooms
1
Total rooms
6
Living area
1,330 sqft
Living area source
Public Record
Above grade finished area
1,330 sqft
Building area
1,330
Building area units
Square Feet
Building area source
Public Records
Area includes basement
No
Area disclosures
Measurements are approximate and need to be verified by buyer.
Stories
0
Building stories
0
Entry level
1
Entry location
Unit Placement(Front)
Unit building
2
Interior & systems
Heating
Steam
Heating available
Yes
Heating zones
1
Cooling
Window Unit(s)
Cooling available
Yes
Appliances
Range · Dishwasher · Disposal · Microwave · Refrigerator
Flooring
Tile · Hardwood
Laundry
First Floor · In Unit
Basement
N
Fireplace
Yes
Fireplaces
1
Fireplace features
Dining Room
Electrical service
100 Amp Service
Primary bathroom features
No
Room details

Primary bedroom

Level
First
Area
176.42 sqft
Length
14.5 ft
Width
12.17 ft
Features
Coffered Ceiling(s) · Walk-In Closet(s) · Flooring - Hardwood · Lighting - Overhead · Crown Molding

Bedroom 2

Level
First
Area
103.02 sqft
Length
9.58 ft
Width
10.75 ft
Features
Flooring - Hardwood · Lighting - Overhead · Crown Molding

Bedroom 3

Level
First
Area
132 sqft
Length
11 ft
Width
12 ft
Features
Closet · Flooring - Hardwood · Lighting - Overhead · Crown Molding

Living room

Level
First
Area
104.44 sqft
Length
13.33 ft
Width
7.83 ft
Features
Ceiling Fan(s) · Flooring - Hardwood · Lighting - Overhead · Crown Molding

Dining room

Level
First
Area
175.06 sqft
Length
15.33 ft
Width
11.42 ft
Features
Coffered Ceiling(s) · Flooring - Hardwood · Wainscoting · Lighting - Overhead · Crown Molding · Decorative Molding

Kitchen

Level
First
Area
106.73 sqft
Length
11.75 ft
Width
9.08 ft
Features
Flooring - Hardwood · Pantry · Stainless Steel Appliances · Gas Stove · Lighting - Overhead

Bathroom 1

Level
First
Area
39.72 sqft
Length
7.33 ft
Width
5.42 ft
Features
Bathroom - Full · Bathroom - Tiled With Tub & Shower · Flooring - Stone/Ceramic Tile · Lighting - Overhead · Crown Molding

Price & tax details

Current asking price$479,000
Original asking price$499,900
Listed on2026-05-06
Days on market173
Tax record supplied by MLS
YearProperty taxAssessed value
2025$4,174$421,600

These records are supplied by the current listing. Assessed value is not market value; confirm taxes with the local assessor.

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SCHOOLS & EDUCATION

Schools & performance

2026 MA DESE

School names, grades and state-reported measures are listed below.

Schools named in the listing

91DESE percentile

MLS-listed elementary

Roosevelt

Grades K · 1 · 2 · 3 · 4 · 5

Progress toward targets 83%

55DESE percentile

MLS-listed middle

Melrose Middle

Grades 6 · 7 · 8

Progress toward targets 39%

86DESE percentile

MLS-listed high school

Melrose High

Grades 9 · 10 · 11 · 12

Progress toward targets 64%

MLS school names do not guarantee attendance. Assignment can vary by school year, grade and admissions policy; confirm with the district before committing.
What do these numbers mean?

DESE accountability percentiles (1–99) compare schools administering similar assessments, using up to two years of indicators. These are not test scores out of 100 or GreatSchools 1–10 ratings. Progress toward targets is a separate state measure. Consider programs, support services and your child’s needs as well.

School names link to available school or district websites.

Information is deemed reliable but is not guaranteed. © 2026 MLS Property Information Network, Inc. All rights reserved.

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