Active
2 Days on market
5 Melbourne St #2 Boston — Photo 1 of 26

5 Melbourne St #2 Boston — Photo 1 of 26

$240,000

5 Melbourne St #2, Boston, MA 02124

Boston, MA 02124

Beds

2

Baths

1

SqFt

641

Style

Condominium

Built

1962

Come and see this exceptional value! This 2-bedroom, 1-bathroom condo offers an excellent opportunity for both homeowners and investors seeking value in Boston. Recent updates include fresh paint and new luxury vinyl flooring. Ideally located near the Shawmut Red Line MBTA Station and Rev. Loesch Park, this property provides easy access to Downtown Boston, UMass Boston, and everything this great city has to offer. Whether you're looking to make Boston your home or seeking an investment opportunity, this condo is worth a look. Property may not qualify for conventional financing; buyers are encouraged to explore alternative financing options and conduct their own due diligence.

Key facts

It was listed on October 1, 2026. The annual property taxes are $2,924 (2026 tax year). The condo fee is $557 per month, which includes heat.

Market Value Analysis

This Property
Size (SqFt) →Price →
This Property$374/sqft
Local Avg (Boston)$675/sqft
45% BelowMarket Average

* Analysis is based on 24 actively listed and recently sold comparable properties strictly within Boston, MA.

Property Details

Financials

Original Price$240,000
Annual Taxes$2,924
HOA Fee$557

Parking

Garage0
Off-Street0

Interior Specifications

Total Rooms4
FireplacesNone
FlooringVinyl / VCT
BasementN

Climate & Utilities

HeatingBaseboard
CoolingWindow Unit(s)
WaterPublic
SewerPublic Sewer

Building & Exterior

ConstructionBrick
RoofRubber
Foundation--
ZoningCD

Property & Lot

Acres0.01
SqFt Lot641
Lot Features--

Amenities & Appliances

Range

Neighborhood

Public Transportation • Park

Geography

Floorplan Breakdown

Structural Layout

First
Living RoomKitchenPrimary BedroomBedroom 2Bathroom 1
Living Room
Lvl First
Kitchen
Lvl First
Primary Bedroom
Lvl First
Bedroom 2
Lvl First
Bathroom 1
Lvl First

Questions about this home

When was 5 Melbourne St #2, Boston listed?

5 Melbourne St #2, Boston was listed on October 1, 2026.

Has the price of 5 Melbourne St #2, Boston changed?

The price hasn't changed since it was listed at $240,000.

What are the property taxes for 5 Melbourne St #2, Boston?

The annual property taxes for 5 Melbourne St #2, Boston are $2,924 (2026 tax year).

What is the condo fee at 5 Melbourne St #2, Boston?

The condo fee is $557 per month, which includes heat.

What is the status of 5 Melbourne St #2, Boston?

5 Melbourne St #2, Boston is actively listed for sale.

Population

56,216

U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)

Median Household Income

$82K

U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)

Renter-Occupied Homes

58.6%

U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)

New Construction Permits — Suffolk County

2,337 housing units permitted in the last 12 months (+13% vs the prior 12 months) — 2,062 in 5+ unit buildings

U.S. Census Bureau, Building Permits Survey (through Jul '26)

Listing Provided By

Listing Agent: Shawn Burgess

Listing Office: Compass

MLS® Number: 73585363