Condominium at 601 Franklin Street # 2, Melrose MA 02176, Melrose
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$479,000

601 Franklin Street # 2, Melrose MA 02176
Melrose, MA 02176
Listed by Joanne Rodrigues
Bedrooms
3
Bathrooms
1
Living area
1,330 sqft
Year built
1910

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.

Highlights

Fireplace

Property details

MLS #
73513959
Property type
Condominium
Subdivision
N/A
Status
Active
Days on market
147
On market date
May 6, 2026
Stories
N/A
Total bathrooms
1
Garage spaces
N/A
Parking spaces
1
Lot size
N/A
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Roosevelt
0.22 mi away · Grades 0-5
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
417
Student:teacher ratio
15.4:1
District
Melrose
Middle
Melrose Middle
0.38 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
844
Student:teacher ratio
14.3:1
District
Melrose
High
Melrose High
0.41 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
923
Student:teacher ratio
13.4:1
District
Melrose

Walkability

Blended score for Melrose's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

80
Walkable
out of 100
EPA National Walkability Index
13.2 / 20 -- Above average walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores4
Parks11
Schools20
Transit stops20
Pharmacies4

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Adjust tax / insurance estimates
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/mo
Est. monthly payment
$3,035/mo
$95,800 down
$383,200 loan
Principal & interest$2,485
Property tax (est.)$399
Home insurance (est.)$150

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Data source: Listing information provided by MLS Property Information Network via Trestle/CoreLogic. Last updated August 7, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.