340 Main St, Unit 206

294 Sq. Ft.
$680 / Sq. Ft.
294
Sq. Ft.
$680
per Sq. Ft.

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,...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.
  1. Listed by Janet Roach • RE/MAX Andrew Realty Services

Property Details for 340 Main Street, Unit 206

Town
Melrose
MLS Area
Wyoming
Area
MA-Melrose-Wyoming, MA-Melrose
Style
Garden
Garage Spaces
0
Parking Spaces
1.00
Parking Spaces Total
1
Unit Placement
Upper, Middle
LISTING UPDATED: 02/19/2026 03:07 AM

Property Details for 340 Main Street, Unit 206

StatusActive
MLS #73474632
Days on Market14
Taxes$1,737 / year
HOA Fees$348 / month
Compass TypeCondo
MLS TypeCondominium/Co-Op / Condo
Year Built1970
CountyMiddlesex County

Location

Listing Courtesy of RE/MAX Andrew Realty Services, Janet Roach
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Building Information for 340 Main Street, Unit 206

Building/ComplexMelrose PlaceFloor2Stories-Residences71Pet PolicyNot AllowedPet Policy Details-Year Built1970

Payment Calculator

$1,467 per month

30 year fixed, 6.15% Interest

Principal and Interest

$974

Property Taxes

$145

HOA Dues

$348

The Payment Calculator is for illustrative purposes only.

Property Information for 340 Main Street, Unit 206

General Details
Property Details
  • Association Amenities: Hot Water, Laundry, Elevator(s), Storage
  • Building Area Units: Square Feet
  • Community Features: Public Transportation, Shopping, Swimming Pool, Tennis Court, Park, Walk/Jog Trails, Golf Course, Medical Facility, Laundromat, Bike Path, Conservation Area, Highway Access, House of Worship, Private School, Public School, T-Station
  • Living Area: 294.0
  • SqFt with Basement: No
  • Total Units: 71
  • Type of Condo: Condo
  • Waterfront: No
  • Year Built Details: Approximate
  • Year Built Source: Public Records
Features
Interior Features
  • Appliances: Range, Refrigerator
  • Basement Features: Y
  • Common Walls: Middle
  • Num of Baths: 1.0
  • Num of Full Baths: 1
  • Num of Half Baths: 0
  • Bathrooms Total Decimal: 1.00
  • Bathrooms Total Integer: 1
  • FireplaceYN: No
  • Fireplaces: 0
  • Flooring: Vinyl
  • Interior Features: Elevator
  • Interior Features: Elevator
  • Laundry Features: Common Area, In Building
  • SpaYN: No
Exterior Features
  • Entry Location: Upper
  • Exterior Features: Balcony
  • Exterior Features: Balcony
  • Structure Type: Garden
Parking Features
  • Covered Spaces: .00
  • Garage: No
  • Garage Parking: Off-Street, Assigned
  • Parking Features: Off-Street, Assigned
  • Parking Features: Off-Street, Assigned
Utilities
  • Cooling: None
  • Cooling: No
  • Heating: Electric
  • Heating: Yes
  • Sewer: City/Town Sewer
  • Utility Connections: for Electric Range
  • Water: Public
Property Information
Property Info
  • Year Round: Yes
  • Documents Available: Master Deed, Unit Deed, Rules & Regs
  • Documents Count: 3
  • Farm Land Area Units: Square Feet
  • WARRANTY: No
  • Lot Size Units: Acres
  • Disclosures: Photos are from 2024. Oven and kitchen cabinets need work or replacement. Pets allowed w/prior notice and consent by Trustees.
Tax Information
  • Tax ID: 653941
  • Assessments: $175,500
  • Book: 65726
  • Tax Year: 2025
  • Zoning: BA1
Building / Association Information
Living Characteristics
  • Beds Total: 1
  • Total Living Levels: 1
Complex & Association Information
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Water, Sewer, Insurance, Maintenance Structure, Maintenance Grounds, Snow Removal, Trash, Reserve Funds
  • Complex Name: Melrose Place Condominium
  • Complex Complete: Yes
  • Management: Professional - Off Site
  • Adult Community: No
Unit Information
Unit Information
  • Unit Building: 206
  • Unit Floor Level Integer: 2.0

Property History for 340 Main Street, Unit 206

DateEvent & SourcePriceAppreciation
Feb 5, 2026

Listed (Active)

MLS PIN #73474632

$199,900
Dec 3, 2009

Sold (Public Record)

Public Record #326594381

$1
DateEvent & SourcePrice
02/05/2026

Listed (Active)

MLS PIN #73474632

$199,900
12/03/2009

Sold (Public Record)

Public Record #326594381

$1

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 340 Main Street, Unit 206

Taxable ValueLand-Additions$175,500Total-
Tax Record2025$1,737 ($145 / month)
Home Facts
Beds1Baths1Total Finished SqFt294 SqFtAbove Grade Finished SqFt294 SqFtStories1StyleCondominiumYear Built1970ZoningBA1CountyMIDDLESEXAPNMELR M:0C6 P:00058-9

Schools near 340 Main Street, Unit 206

This home is within Melrose School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - K to 5
Public - K to 5
Public - K to 5
Rating
School
Distance
Winthrop Elementary School
PublicK to 5

Hoover Elementary School
PublicK to 5

Roosevelt Elementary School
PublicK to 5

Lincoln Elementary School
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

340 Main Street, Unit 206 is a condo for sale in Melrose, MA 02176. This property was listed for sale on February 5, 2026 by RE/MAX Andrew Realty Services, it's currently listed at $199,900. It has been on the market for a total of 14 days and was last sold on December 3, 2009. This listing's school district is Melrose School District. Nearby schools include Winthrop Elementary School, Hoover Elementary School and Roosevelt Elementary School. 340 Main Street, Unit 206 is a 1-bed, 1-bath, 294 sqft condo built in 1970.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Andrew Realty Services, Janet Roach

The property listing data and information, or the images, set forth herein were provided to MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS. The property listing data and information, and the images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc., Martha's Vineyard MLS, CCIMLS, Link MLS, and Berkshire County Board of REALTORS and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the images, set forth herein.