601 Franklin Street #2 Melrose — Photo 1 of 32
Recent Drop: $900
$479,000
601 Franklin Street #2, Melrose, MA 02176
Melrose, MA 02176 — Melrose Highlands
Beds
3
Baths
1
SqFt
1,330
Style
Condominium
Built
1910
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.
Key facts
It was listed on May 6, 2026. The price has come down from an original $499,900 to $479,000 across 2 changes, most recently on June 11, 2026. The annual property taxes are $4,174 (2025 tax year). The condo fee is $755 per month, which includes heat.
Market Value Analysis
* Analysis is based on 20 actively listed and recently sold comparable properties strictly within Melrose, MA.
Property Details
Financials
Parking
Interior Specifications
Climate & Utilities
Building & Exterior
Property & Lot
Amenities & Appliances
Range • Dishwasher • Disposal • Microwave • Refrigerator
Neighborhood
Public Transportation • Shopping • Park • Walk/Jog Trails • Medical Facility • Laundromat
Geography
Floorplan Breakdown
Structural Layout
Living Room
Lvl First13.333333333 x 7.833333333
Ceiling Fan(s), Flooring - Hardwood, Lighting - Overhead, Crown Molding
Dining Room
Lvl First15.333333333 x 11.416666666
Coffered Ceiling(s), Flooring - Hardwood, Wainscoting, Lighting - Overhead, Crown Molding, Decorative Molding
Kitchen
Lvl First11.75 x 9.083333333
Flooring - Hardwood, Pantry, Stainless Steel Appliances, Gas Stove, Lighting - Overhead
Primary Bedroom
Lvl First14.5 x 12.166666666
Coffered Ceiling(s), Walk-In Closet(s), Flooring - Hardwood, Lighting - Overhead, Crown Molding
Bedroom 2
Lvl First9.583333333 x 10.75
Bedroom 3
Lvl First11 x 12
Closet, Flooring - Hardwood, Lighting - Overhead, Crown Molding
Bathroom 1
Lvl First7.333333333 x 5.416666666
Bathroom - Full, Bathroom - Tiled With Tub & Shower, Flooring - Stone/Ceramic Tile, Lighting - Overhead, Crown Molding
Property History
$479,000
Was $479,900
Jun 11, 2026
MLS® 73513959
$479,900
Was $499,900
Jun 5, 2026
MLS® 73513959
$499,900
May 6, 2026
MLS® 73513959
$498,500
Apr 3, 2026
MLS® 73472364
$498,500
Jan 28, 2026
MLS® 73472364
Questions about this home
When was 601 Franklin Street #2, Melrose listed?
601 Franklin Street #2, Melrose was listed on May 6, 2026.
Has the price of 601 Franklin Street #2, Melrose changed?
The price has come down from an original $499,900 to $479,000 across 2 changes, most recently on June 11, 2026.
What are the property taxes for 601 Franklin Street #2, Melrose?
The annual property taxes for 601 Franklin Street #2, Melrose are $4,174 (2025 tax year).
What is the condo fee at 601 Franklin Street #2, Melrose?
The condo fee is $755 per month, which includes heat.
What is the status of 601 Franklin Street #2, Melrose?
601 Franklin Street #2, Melrose is actively listed for sale.
Population
29,650
U.S. Census Bureau, ACS 2024 5-Year Estimates (B01003)
Median Household Income
$134K
U.S. Census Bureau, ACS 2024 5-Year Estimates (B19013)
Renter-Occupied Homes
32.8%
U.S. Census Bureau, ACS 2024 5-Year Estimates (B25003)
New Construction Permits — Middlesex County
2,698 housing units permitted in the last 12 months (+3% vs the prior 12 months) — 1,713 in 5+ unit buildings
U.S. Census Bureau, Building Permits Survey (through Jul '26)
Listing Agent: Joanne Rodrigues
Listing Office: Redfin Corp.
MLS® Number: 73513959
