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
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Redfin Corp.
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978-378-5210
Last updated June 15, 2026
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Source: MLSPin #73513959
Listing Facts
TypeCondo
NeighborhoodMelrose Highlands
Bedrooms3
Bathrooms1
Days on Prevu40
HOA/Maint. Fees$755.02/month
Taxes$4,174/year
Size1,330 sqft
Price per sqft$360
Amenities
Dishwasher
Pets Allowed
Parking
Storage
Location
Mortgage Calculator
Listing History
06/11/2026
Status changed to Active
$479,000
06/11/2026
Price Decreased
$479,000
06/11/2026
Status changed to In Contract
$479,900
06/05/2026
Price Decreased
$479,900
05/06/2026
Listed by Redfin Corp.
$499,900
Property Details for 601 Franklin Street 2
Association
Amenities
Association Amenities: Hot Water, Storage
Community Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House Of Worship, Public School, T-Station
Pets Allowed: Yes w/ Restrictions
Fees
Association Fee: $755.02 Monthly
Association Fee Includes: Heat, Insurance, Maintenance Grounds, Snow Removal
How many bedrooms and bathrooms does this condo have?
There are 3 bedrooms and 1 bathroom in this condo at 601 Franklin Street 2.
What schools are nearby to 601 Franklin Street 2?
Nearby schools include the Roosevelt Elementary School, Melrose Middle, and Melrose High.
Does this condo have parking?
Yes, there is 1 parking space available for 601 Franklin Street 2.
Are pets allowed at 601 Franklin Street?
Yes, 601 Franklin Street allows pets. Check the Property Details for any relevant restrictions.
What are the annual taxes for 601 Franklin Street 2?
Annual taxes for this condo are estimated at $4,174.
What building or home owners association is the condo part of?
This condo is in the Undercliff Terrace Condominiums building.
What is the square footage on this condo?
According to the MLS, this listing is 1,330 sqft.
601 Franklin Street 2 is a 3-bedroom, 1-bath condo for sale in Melrose MA 02176. On Prevu for 40 days at $479,000. This includes a recent price decrease of $900. This property features 1,330 square feet of living space, located in Melrose. The median listing price for condos in this area is $847,000. Nearby schools include Roosevelt Elementary School, Melrose Middle, and Melrose High. The home offers dishwasher, pets allowed, storage, and parking. Explore more condo listings in Melrose.
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