Experience the best of Melrose in this 3-bedroom condo, located just 0.2 miles from the commuter rail. This home offers an open layout with elegant coffered ceilings and a kitchen equipped with a gas range and newer appliances. Modern essentials are all here: in-unit laundry, a dedicated storage unit, and a pet-friendly atmosphere. Financial ease is a standout feature, as the condo fee includes heat and hot water with no pending special assessments to worry about. It’s a low-maintenance lifestyle in a premier commuter location. The Melrose lifestyle includes a fenced-in dog park on 1.1 miles away, while the famous Sheepfold offers a premier off-leash experience nearby. For ultimate convenience, top-rated doggie daycare and grooming services are located within a half-mile, making morning drop-offs effortless for rail commuters.
Listed by Joanne Rodrigues
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Redfin Corp.
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978-378-5210
Last updated March 15, 2026
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Source: MLSPin #73472364
Listing Facts
TypeCondo
NeighborhoodMelrose Highlands
Bedrooms3
Bathrooms1
Days on Prevu47
HOA/Maint. Fees$755.02/month
Taxes$4,174/year
Size1,330 sqft
Price per sqft$376
Amenities
Dishwasher
Pets Allowed
Parking
Storage
Location
Mortgage Calculator
Listing History
03/11/2026
Price Decreased
$499,900
02/12/2026
Price Decreased
$519,900
01/28/2026
Listed by Redfin Corp.
$525,000
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. Available on Prevu for 47 days at $499,900. This includes a recent price decrease of $20,000. 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. Property amenities include dishwasher, pets allowed, storage, and parking. Explore more condo listings in Melrose.
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