Melrose Place Condominium 340 Main St., Melrose, MA 02176
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$199,900
1 Bed
1 Bath
294 SQFT
Acres: N/A
$348 HOA

Property Description

Perfect starter and investment opportunity in Downtown Melrose! Ideal commuter location 1 block to Wyoming Hill Commuter Rail Purple Line. Just over 1 mile to Oak Grove T Station/Orange Line, and a bus stop at the front door! Lowest priced property for sale in Melrose & surrounding area. STOP PAYING RENT & COLLEGE ROOM & BOARD! Invest and build equity in one of the HOTTEST LOCATIONS NORTH OF BOSTON! Near great restaurants, eateries, amenities, shopping, YMCA and public transportation. This is a STUDIO, which is 1 room with combined living/sleeping/kitchenet area. Needs updating. Sold As Is. Includes 1 parking space. Convenient, desirable location in walking distance to everything! No car needed! Pets allowed w/Trustee approval. Most photos from 2024 when unit was freshly painted.

Property Details tap to expand

Amenities

  • Amenities: Bike Path, Conservation Area, Golf Course, Highway Access, House of Worship, Laundromat, Medical Facility, Park, Private School, Public School, Public Transportation, Shopping, Swimming Pool, T-Station, Tennis Court, Walk/Jog Trails
  • Association Fee Includes: Elevator, Exterior Maintenance, Extra Storage, Hot Water, Landscaping, Laundry Facilities, Master Insurance, Refuse Removal, Reserve Funds, Sewer, Snow Removal, Water

Kitchen, Dining, and Appliances

  • Range, Refrigerator

Bathrooms

  • Full Baths: 1

Bedrooms

  • Bedrooms: 1

Other Rooms

  • Total Rooms: 1

Utilities

  • Heating: Electric
  • Cooling: None
  • Utility Connections: for Electric Range
  • Water: City/Town Water
  • Sewer: City/Town Sewer

Unit Features

  • Square Feet: 294
  • Unit Building: 206
  • Unit Level: 2
  • Unit Placement: Upper
  • Interior Features: Elevator
  • Floors: 1
  • Pets Allowed: No
  • Laundry Features: Common, In Building
  • Accessability Features: Unknown

Condo Complex Information

  • Condo Name: Melrose Place Condominium
  • Condo Type: Condo
  • Complex Complete: Yes
  • Number of Units: 71
  • Elevator: Yes
  • Condo Association: U
  • HOA Fee: $348
  • Fee Interval: Monthly
  • Management: Professional - Off Site

Construction

  • Year Built: 1970
  • Style: Garden
  • Flooring Type: Vinyl
  • Lead Paint: Unknown
  • Warranty: No

Garage & Parking

  • Garage Parking: Assigned
  • Parking Features: Assigned, Off-Street
  • Parking Spaces: 1

Exterior & Grounds

  • Exterior Features: Balcony
  • Pool: No

Other Information

  • MLS ID# 73474632
  • Last Updated: 02/25/26
  • Documents on File: Master Deed, Rules & Regs, Unit Deed

Property History tap to expand

Date Event Price Price/Sq Ft Source
02/25/2026Contingent$199,900$680MLSPIN
02/25/2026Under Agreement$299,999$613MLSPIN
02/19/2026Active$199,900$680MLSPIN
02/15/2026Back on Market$199,900$680MLSPIN
02/12/2026Contingent$299,999$613MLSPIN
02/10/2026Price Change$299,999$613MLSPIN
02/10/2026Under Agreement$199,900$680MLSPIN
02/09/2026Active$199,900$680MLSPIN
02/06/2026Active$325,000$665MLSPIN
02/05/2026New$199,900$680MLSPIN
02/02/2026New$325,000$665MLSPIN

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Seller's Representative: Janet Roach, RE/MAX Andrew Realty Services
Sub Agent Compensation: n/a
Buyer Agent Compensation: n/a
Facilitator Compensation: n/a
Compensation Based On: n/a
Sub-Agency Relationship Offered: No

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MLS PIN data last updated at 2026-02-25 16:41:00

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